Profound Accounts Payable from 2010 to 2026

PROF Stock  USD 7.48  0.10  1.32%   
Profound Medical's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 2.3 M this year. Accounts Payable is the amount Profound Medical Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Profound Medical's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2014-09-30
Previous Quarter
949 K
Current Value
717 K
Quarterly Volatility
M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Profound Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profound Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 737.9 K or Selling General Administrative of 27.9 M, as well as many indicators such as Price To Sales Ratio of 29.06, Dividend Yield of 0.0 or PTB Ratio of 3.89. Profound financial statements analysis is a perfect complement when working with Profound Medical Valuation or Volatility modules.
  
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Check out the analysis of Profound Medical Correlation against competitors.
The Accounts Payable trend for Profound Medical Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Profound Medical is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Profound Medical's Accounts Payable Growth Pattern

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

Profound Accounts Payable Regression Statistics

Arithmetic Mean1,549,464
Geometric Mean393,612
Coefficient Of Variation88.88
Mean Deviation1,167,359
Median1,317,927
Standard Deviation1,377,126
Sample Variance1.9T
Range4M
R-Value0.54
Mean Square Error1.4T
R-Squared0.29
Significance0.03
Slope146,579
Total Sum of Squares30.3T

Profound Accounts Payable History

20262.3 M
20251.5 M
20241.3 M
2023865 K
2022M
20213.2 M
20203.4 M

About Profound Medical Financial Statements

Profound Medical stakeholders use historical fundamental indicators, such as Profound Medical's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Profound Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profound Medical's assets and liabilities are reflected in the revenues and expenses on Profound Medical'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 Profound Medical Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable1.5 M2.3 M

Currently Active Assets on Macroaxis

When determining whether Profound Medical Corp is a strong investment it is important to analyze Profound Medical'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 Profound Medical's future performance. For an informed investment choice regarding Profound Stock, refer to the following important reports:
Check out the analysis of Profound Medical Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Can Health Care Equipment & Supplies industry sustain growth momentum? Does Profound have expansion opportunities? Factors like these will boost the valuation of Profound Medical. Anticipated expansion of Profound directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Profound Medical demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(1.32)
Revenue Per Share
0.492
Quarterly Revenue Growth
0.868
Return On Assets
(0.62)
Return On Equity
(1.24)
Investors evaluate Profound Medical Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Profound Medical's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Profound Medical's market price to deviate significantly from intrinsic value.
It's important to distinguish between Profound Medical's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Profound Medical should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Profound Medical's market price signifies the transaction level at which participants voluntarily complete trades.