Corebridge Accounts Payable from 2010 to 2024

CRBG Stock  USD 31.86  0.11  0.35%   
Corebridge Financial's Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 24.9 B. Accounts Payable is the amount Corebridge Financial owes to suppliers or vendors for products or services received but not yet paid for. It represents Corebridge Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
26 B
Current Value
24.9 B
Quarterly Volatility
4.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corebridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corebridge Financial's main balance sheet or income statement drivers, such as EBIT of 1 B, Net Income Applicable To Common Shares of 9.8 B or Tax Provision of 167.2 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.12 or PTB Ratio of 0.65. Corebridge financial statements analysis is a perfect complement when working with Corebridge Financial Valuation or Volatility modules.
  
Check out the analysis of Corebridge Financial Correlation against competitors.
For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.

Latest Corebridge Financial's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Corebridge Financial over the last few years. An accounting item on the balance sheet that represents Corebridge Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Corebridge Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Corebridge Financial's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corebridge Financial's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Corebridge Accounts Payable Regression Statistics

Arithmetic Mean34,481,280,000
Geometric Mean34,161,625,291
Coefficient Of Variation13.12
Mean Deviation3,473,018,667
Median36,789,000,000
Standard Deviation4,524,539,121
Sample Variance20471454.3T
Range11.9B
R-Value(0.73)
Mean Square Error10380287.1T
R-Squared0.53
Significance0
Slope(735,955,714)
Total Sum of Squares286600359.7T

Corebridge Accounts Payable History

202424.9 B
202326 B
202226.6 B
202135.1 B

About Corebridge Financial Financial Statements

Corebridge Financial stakeholders use historical fundamental indicators, such as Corebridge Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Corebridge Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Corebridge Financial's assets and liabilities are reflected in the revenues and expenses on Corebridge Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Corebridge Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable26 B24.9 B

Currently Active Assets on Macroaxis

When determining whether Corebridge Financial is a strong investment it is important to analyze Corebridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corebridge Financial's future performance. For an informed investment choice regarding Corebridge Stock, refer to the following important reports:
Check out the analysis of Corebridge Financial Correlation against competitors.
For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corebridge Financial. If investors know Corebridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corebridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Dividend Share
0.92
Earnings Share
(1.91)
Revenue Per Share
26.027
Quarterly Revenue Growth
(0.45)
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.