Trident Accounts Payable from 2010 to 2024

TDTH Stock   2.18  0.07  3.11%   
Trident Digital's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 173.2 K. Accounts Payable is the amount Trident Digital Tech owes to suppliers or vendors for products or services received but not yet paid for. It represents Trident Digital's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
202.3 K
Current Value
173.2 K
Quarterly Volatility
61.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trident Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trident Digital's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Expense of 48.9 K or Selling General Administrative of 4.7 M, as well as many indicators such as . Trident financial statements analysis is a perfect complement when working with Trident Digital Valuation or Volatility modules.
  
Check out the analysis of Trident Digital Correlation against competitors.

Latest Trident Digital's Accounts Payable Growth Pattern

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

Trident Accounts Payable Regression Statistics

Arithmetic Mean81,075
Geometric Mean67,734
Coefficient Of Variation75.34
Mean Deviation46,733
Median51,867
Standard Deviation61,079
Sample Variance3.7B
Range166.4K
R-Value0.68
Mean Square Error2.2B
R-Squared0.46
Significance0.01
Slope9,227
Total Sum of Squares52.2B

Trident Accounts Payable History

2024173.2 K
2023202.3 K
2022218.2 K

About Trident Digital Financial Statements

Investors use fundamental indicators, such as Trident Digital's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Trident Digital'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 Payable202.3 K173.2 K

Currently Active Assets on Macroaxis

When determining whether Trident Digital Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trident Digital'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 Trident Digital Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trident Digital Tech Stock:
Check out the analysis of Trident Digital Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is IT Consulting & Other Services 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.026
Quarterly Revenue Growth
0.272
Return On Assets
(0.67)
Return On Equity
(8.62)
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.