Global Accounts Payable from 2010 to 2024

GBLI Stock  USD 35.00  1.00  2.94%   
Global Indemnity's Accounts Payable is decreasing with stable movements from year to year. Accounts Payable is predicted to flatten to about 2.5 M. Accounts Payable is the amount Global Indemnity PLC owes to suppliers or vendors for products or services received but not yet paid for. It represents Global Indemnity's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2001-12-31
Previous Quarter
948 K
Current Value
963 K
Quarterly Volatility
40.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Indemnity's main balance sheet or income statement drivers, such as Interest Expense of 11.4 K, Total Revenue of 472.1 M or Gross Profit of 458.2 M, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0246 or PTB Ratio of 0.86. Global financial statements analysis is a perfect complement when working with Global Indemnity Valuation or Volatility modules.
  
Check out the analysis of Global Indemnity Correlation against competitors.

Latest Global Indemnity's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Global Indemnity PLC over the last few years. An accounting item on the balance sheet that represents Global Indemnity 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 Global Indemnity PLC 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. Global Indemnity's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Indemnity's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Global Accounts Payable Regression Statistics

Arithmetic Mean14,230,527
Geometric Mean9,522,538
Coefficient Of Variation99.03
Mean Deviation9,978,779
Median8,943,000
Standard Deviation14,092,808
Sample Variance198.6T
Range51.3M
R-Value(0.20)
Mean Square Error205.2T
R-Squared0.04
Significance0.47
Slope(634,031)
Total Sum of Squares2780.5T

Global Accounts Payable History

20242.5 M
20232.6 M
202217.2 M
202135.3 M
20208.9 M
201920.4 M
201815 M

About Global Indemnity Financial Statements

Investors use fundamental indicators, such as Global Indemnity's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Global Indemnity's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable2.6 M2.5 M

Currently Active Assets on Macroaxis

When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:
Check out the analysis of Global Indemnity Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Property & Casualty Insurance 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 Global Indemnity. If investors know Global 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 Global Indemnity 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
0.673
Dividend Share
1.3
Earnings Share
2.91
Revenue Per Share
32.539
Quarterly Revenue Growth
(0.11)
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity'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 Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity'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 Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity'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.