Sable Accounts Payable from 2010 to 2024
| SOC Stock | 23.02 0.92 4.16% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 3.4 M | Current Value 3.5 M | Quarterly Volatility 1.3 M |
Check Sable Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sable Offshore's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 K, Other Operating Expenses of 3.5 M or Total Operating Expenses of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 25.59. Sable financial statements analysis is a perfect complement when working with Sable Offshore Valuation or Volatility modules.
Sable | Accounts Payable |
Latest Sable Offshore's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Sable Offshore Corp over the last few years. An accounting item on the balance sheet that represents Sable Offshore 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 Sable Offshore 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. Sable Offshore's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sable Offshore's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Sable Accounts Payable Regression Statistics
| Arithmetic Mean | 940,567 | |
| Geometric Mean | 460,679 | |
| Coefficient Of Variation | 134.27 | |
| Mean Deviation | 1,026,427 | |
| Median | 237,254 | |
| Standard Deviation | 1,262,874 | |
| Sample Variance | 1.6T | |
| Range | 3.3M | |
| R-Value | 0.77 | |
| Mean Square Error | 697.3B | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | 217,637 | |
| Total Sum of Squares | 22.3T |
Sable Accounts Payable History
About Sable Offshore Financial Statements
Sable Offshore stakeholders use historical fundamental indicators, such as Sable Offshore's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Sable Offshore investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sable Offshore's assets and liabilities are reflected in the revenues and expenses on Sable Offshore'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 Sable Offshore Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 3.4 M | 3.5 M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sable Offshore Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sable Offshore'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 Sable Offshore Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sable Offshore Corp Stock:Check out the analysis of Sable Offshore Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Oil & Gas Exploration & Production 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 Sable Offshore. If investors know Sable 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 Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Return On Assets (0.09) | Return On Equity (6.46) |
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore'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 Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore'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 Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore'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.