SBFG Accounts Payable from 2010 to 2024

SBFG Stock  USD 21.79  1.04  5.01%   
SB Financial's Accounts Payable is decreasing over the last several years with stable swings. Accounts Payable is predicted to flatten to about 1.3 M. Accounts Payable is the amount SB Financial Group owes to suppliers or vendors for products or services received but not yet paid for. It represents SB Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
2.9 M
Current Value
3.4 M
Quarterly Volatility
122.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SB Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 9.7 M or Selling General Administrative of 19.2 M, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0221 or PTB Ratio of 1.09. SBFG financial statements analysis is a perfect complement when working with SB Financial Valuation or Volatility modules.
  
Check out the analysis of SB Financial Correlation against competitors.

Latest SB Financial's Accounts Payable Growth Pattern

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

SBFG Accounts Payable Regression Statistics

Arithmetic Mean1,017,953
Geometric Mean704,900
Coefficient Of Variation88.78
Mean Deviation704,205
Median639,000
Standard Deviation903,759
Sample Variance816.8B
Range2.8M
R-Value(0.11)
Mean Square Error868.5B
R-Squared0.01
Significance0.69
Slope(22,753)
Total Sum of Squares11.4T

SBFG Accounts Payable History

20241.3 M
20232.4 M
2022769 K
2021299 K
2020616 K
20191.2 M
2018909 K

About SB Financial Financial Statements

SB Financial stakeholders use historical fundamental indicators, such as SB Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although SB Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in SB Financial's assets and liabilities are reflected in the revenues and expenses on SB 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 SB Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.4 M1.3 M

Currently Active Assets on Macroaxis

When determining whether SB Financial Group is a strong investment it is important to analyze SB 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 SB Financial's future performance. For an informed investment choice regarding SBFG Stock, refer to the following important reports:
Check out the analysis of SB Financial Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Regional Banks 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 SB Financial. If investors know SBFG 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 SB 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
(0.10)
Dividend Share
0.55
Earnings Share
1.74
Revenue Per Share
8.433
Quarterly Revenue Growth
0.024
The market value of SB Financial Group is measured differently than its book value, which is the value of SBFG that is recorded on the company's balance sheet. Investors also form their own opinion of SB Financial's value that differs from its market value or its book value, called intrinsic value, which is SB 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 SB Financial's market value can be influenced by many factors that don't directly affect SB 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 SB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if SB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SB 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.