Ellsworth Accounts Payable from 2010 to 2024

ECF Stock  USD 9.85  0.13  1.34%   
Ellsworth Convertible's Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 171.1 K. Accounts Payable is the amount Ellsworth Convertible Growth owes to suppliers or vendors for products or services received but not yet paid for. It represents Ellsworth Convertible's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2006-09-30
Previous Quarter
1.8 M
Current Value
200.1 K
Quarterly Volatility
1.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ellsworth Convertible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellsworth Convertible's main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.6 K, Interest Expense of 1.2 K or Selling General Administrative of 346.3 K, as well as many indicators such as Price To Sales Ratio of 12.21, Dividend Yield of 0.0 or PTB Ratio of 0.94. Ellsworth financial statements analysis is a perfect complement when working with Ellsworth Convertible Valuation or Volatility modules.
  
Check out the analysis of Ellsworth Convertible Correlation against competitors.

Latest Ellsworth Convertible's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Ellsworth Convertible Growth over the last few years. An accounting item on the balance sheet that represents Ellsworth Convertible 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 Ellsworth Convertible 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. Ellsworth Convertible's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ellsworth Convertible'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  

Ellsworth Accounts Payable Regression Statistics

Arithmetic Mean1,070,314
Geometric Mean426,208
Coefficient Of Variation130.86
Mean Deviation1,006,261
Median411,875
Standard Deviation1,400,566
Sample Variance2T
Range4.2M
R-Value(0.35)
Mean Square Error1.9T
R-Squared0.12
Significance0.20
Slope(109,479)
Total Sum of Squares27.5T

Ellsworth Accounts Payable History

2024171.1 K
2023180.1 K
2022200.1 K
2021297.2 K
20202.3 M
201821.9 K
2017411.9 K

About Ellsworth Convertible Financial Statements

Ellsworth Convertible stakeholders use historical fundamental indicators, such as Ellsworth Convertible's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Ellsworth Convertible investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ellsworth Convertible's assets and liabilities are reflected in the revenues and expenses on Ellsworth Convertible'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 Ellsworth Convertible Growth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable180.1 K171.1 K

Currently Active Assets on Macroaxis

When determining whether Ellsworth Convertible is a strong investment it is important to analyze Ellsworth Convertible'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 Ellsworth Convertible's future performance. For an informed investment choice regarding Ellsworth Stock, refer to the following important reports:
Check out the analysis of Ellsworth Convertible Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Asset Management & Custody Banks 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 Ellsworth Convertible. If investors know Ellsworth 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 Ellsworth Convertible 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
0.456
Dividend Share
0.52
Earnings Share
0.46
Revenue Per Share
0.432
Quarterly Revenue Growth
0.184
The market value of Ellsworth Convertible is measured differently than its book value, which is the value of Ellsworth that is recorded on the company's balance sheet. Investors also form their own opinion of Ellsworth Convertible's value that differs from its market value or its book value, called intrinsic value, which is Ellsworth Convertible'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 Ellsworth Convertible's market value can be influenced by many factors that don't directly affect Ellsworth Convertible'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 Ellsworth Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellsworth Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellsworth Convertible'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.