Essent Accounts Payable from 2010 to 2024

ESNT Stock  USD 58.12  1.36  2.40%   
Essent Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 90.6 M in 2024. Accounts Payable is the amount Essent Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Essent's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2013-12-31
Previous Quarter
129.4 M
Current Value
241.3 M
Quarterly Volatility
109.8 M
 
Yuan Drop
 
Covid
Check Essent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 31.6 M or Selling General Administrative of 80.5 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0106 or PTB Ratio of 2.08. Essent financial statements analysis is a perfect complement when working with Essent Valuation or Volatility modules.
  
Check out the analysis of Essent Correlation against competitors.

Latest Essent's Accounts Payable Growth Pattern

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

Essent Accounts Payable Regression Statistics

Arithmetic Mean72,540,504
Geometric Mean0.00
Coefficient Of Variation137.36
Mean Deviation59,706,272
Median36,184,000
Standard Deviation99,639,195
Sample Variance9928T
Range407.4M
R-Value0.55
Mean Square Error7405.8T
R-Squared0.31
Significance0.03
Slope12,351,502
Total Sum of Squares138991.6T

Essent Accounts Payable History

202490.6 M
2023120.1 M
2022104.5 M
2021407.4 M
202087.9 M
201966.5 M
201841 M

About Essent Financial Statements

Essent shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Essent investors may analyze each financial statement separately, they are all interrelated. The changes in Essent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Essent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable120.1 M90.6 M

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Additional Tools for Essent Stock Analysis

When running Essent's price analysis, check to measure Essent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essent is operating at the current time. Most of Essent's value examination focuses on studying past and present price action to predict the probability of Essent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essent's price. Additionally, you may evaluate how the addition of Essent to your portfolios can decrease your overall portfolio volatility.