Mercurity Accounts Payable from 2010 to 2024

MFH Stock  USD 4.10  0.23  5.94%   
Mercurity Fintech's Accounts Payable is decreasing with stable movements from year to year. Accounts Payable is estimated to finish at about 25.7 K this year. Accounts Payable is the amount Mercurity Fintech Holding owes to suppliers or vendors for products or services received but not yet paid for. It represents Mercurity Fintech's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2013-12-31
Previous Quarter
24.5 K
Current Value
24.5 K
Quarterly Volatility
1.9 B
 
Yuan Drop
 
Covid
Check Mercurity Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercurity Fintech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 854 K, Interest Expense of 916.8 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 254, Dividend Yield of 0.0 or PTB Ratio of 7.02. Mercurity financial statements analysis is a perfect complement when working with Mercurity Fintech Valuation or Volatility modules.
  
Check out the analysis of Mercurity Fintech Correlation against competitors.

Latest Mercurity Fintech's Accounts Payable Growth Pattern

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

Mercurity Accounts Payable Regression Statistics

Arithmetic Mean(506,428,953)
Geometric Mean0.00
Coefficient Of Variation(392.69)
Mean Deviation958,478,006
Median2,200,000
Standard Deviation1,988,678,884
Sample Variance3954843.7T
Range7.7B
R-Value(0.13)
Mean Square Error4190205.7T
R-Squared0.02
Significance0.65
Slope(56,541,312)
Total Sum of Squares55367811.9T

Mercurity Accounts Payable History

202425.7 K
202324.5 K
202222.1 K
2021null
202016 K
2019-7.7 B
2018542.7 K

About Mercurity Fintech Financial Statements

Investors use fundamental indicators, such as Mercurity Fintech's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Mercurity Fintech'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 Payable24.5 K25.7 K

Currently Active Assets on Macroaxis

When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech'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 Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:
Check out the analysis of Mercurity Fintech Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Application Software 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.01
Quarterly Revenue Growth
1.485
Return On Assets
(0.21)
Return On Equity
(0.54)
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.