Hartford Accounts Payable from 2010 to 2024

HIG Stock  USD 121.52  0.80  0.66%   
Hartford Financial's Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 562.6 M. Accounts Payable is the amount Hartford Financial Services owes to suppliers or vendors for products or services received but not yet paid for. It represents Hartford Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
622 M
Current Value
613 M
Quarterly Volatility
29.9 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hartford Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hartford Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 388.8 M, Interest Expense of 248.8 M or Total Revenue of 21.5 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0186 or PTB Ratio of 1.42. Hartford financial statements analysis is a perfect complement when working with Hartford Financial Valuation or Volatility modules.
  
Check out the analysis of Hartford Financial Correlation against competitors.

Latest Hartford Financial's Accounts Payable Growth Pattern

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

Hartford Accounts Payable Regression Statistics

Arithmetic Mean21,500,119,333
Geometric Mean4,574,907,021
Coefficient Of Variation128.11
Mean Deviation22,948,571,200
Median816,000,000
Standard Deviation27,544,283,883
Sample Variance758687574.7T
Range75.5B
R-Value(0.77)
Mean Square Error330257814.6T
R-Squared0.60
Significance0.0007
Slope(4,754,048,821)
Total Sum of Squares10621626045.1T

Hartford Accounts Payable History

2024562.6 M
2023592.2 M
2022658 M
2021687 M
2020701 M
2019755 M
2018767 M

About Hartford Financial Financial Statements

Hartford Financial stakeholders use historical fundamental indicators, such as Hartford Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Hartford Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hartford Financial's assets and liabilities are reflected in the revenues and expenses on Hartford 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 Hartford Financial Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable592.2 M562.6 M

Currently Active Assets on Macroaxis

When determining whether Hartford Financial is a strong investment it is important to analyze Hartford 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 Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out the analysis of Hartford Financial Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Multi-line 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 Hartford Financial. If investors know Hartford 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 Hartford 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
0.225
Dividend Share
1.88
Earnings Share
9.96
Revenue Per Share
87.921
Quarterly Revenue Growth
0.095
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford 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 Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford 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 Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford 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.