PermRock Accounts Payable from 2010 to 2024

PRT Stock  USD 3.99  0.01  0.25%   
PermRock Royalty Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 3.9 M in 2024. Accounts Payable is the amount PermRock Royalty Trust owes to suppliers or vendors for products or services received but not yet paid for. It represents PermRock Royalty's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
5.1 M
Current Value
3.9 M
Quarterly Volatility
995.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PermRock Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PermRock Royalty's main balance sheet or income statement drivers, such as Net Interest Income of 11.2 K, Depreciation And Amortization of 970.1 K or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 1.29. PermRock financial statements analysis is a perfect complement when working with PermRock Royalty Valuation or Volatility modules.
  
Check out the analysis of PermRock Royalty Correlation against competitors.

Latest PermRock Royalty's Accounts Payable Growth Pattern

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

PermRock Accounts Payable Regression Statistics

Arithmetic Mean3,589,932
Geometric Mean3,458,769
Coefficient Of Variation27.72
Mean Deviation931,939
Median3,874,122
Standard Deviation995,178
Sample Variance990.4B
Range2.5M
R-Value0.84
Mean Square Error321.8B
R-Squared0.70
Significance0.0001
Slope185,954
Total Sum of Squares13.9T

PermRock Accounts Payable History

20243.9 M
20235.1 M
20174.5 M

About PermRock Royalty Financial Statements

PermRock Royalty shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although PermRock Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in PermRock Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on PermRock Royalty'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 Payable5.1 M3.9 M

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Additional Tools for PermRock Stock Analysis

When running PermRock Royalty's price analysis, check to measure PermRock Royalty'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 PermRock Royalty is operating at the current time. Most of PermRock Royalty's value examination focuses on studying past and present price action to predict the probability of PermRock Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PermRock Royalty's price. Additionally, you may evaluate how the addition of PermRock Royalty to your portfolios can decrease your overall portfolio volatility.