MetLife Short Term Debt vs Accounts Payable Analysis

MET Stock  USD 87.34  0.75  0.87%   
MetLife financial indicator trend analysis is infinitely more than just investigating MetLife recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetLife is a good investment. Please check the relationship between MetLife Short Term Debt and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetLife Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between MetLife's Short Term Debt and Accounts Payable is 0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MetLife, assuming nothing else is changed. The correlation between historical values of MetLife's Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of MetLife are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., MetLife's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents MetLife 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 MetLife 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. 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.
Most indicators from MetLife's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetLife current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.Selling General Administrative is likely to drop to about 5.8 B in 2024. Discontinued Operations is likely to gain to about (843 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit71.1B69.9B65.9B52.8B
Total Revenue71.1B69.9B66.4B52.8B

MetLife fundamental ratios Correlations

0.760.620.850.850.750.69-0.12-0.25-0.020.39-0.50.920.750.08-0.47-0.23-0.420.510.55-0.160.420.560.090.410.66
0.760.770.50.490.820.40.510.35-0.040.7-0.20.851.00.24-0.850.15-0.30.460.280.10.730.890.620.70.17
0.620.770.440.440.540.690.290.18-0.160.16-0.040.680.780.57-0.66-0.07-0.270.0-0.030.570.660.880.430.160.19
0.850.50.441.00.430.74-0.29-0.430.140.18-0.560.810.49-0.09-0.15-0.42-0.320.480.71-0.150.330.31-0.080.190.88
0.850.490.441.00.430.74-0.29-0.430.140.18-0.570.810.49-0.09-0.14-0.42-0.320.470.71-0.150.330.3-0.080.190.88
0.750.820.540.430.430.330.260.19-0.230.61-0.580.810.790.17-0.580.14-0.60.50.25-0.190.370.670.340.610.35
0.690.40.690.740.740.33-0.31-0.54-0.16-0.2-0.430.660.40.33-0.07-0.61-0.440.040.230.30.260.41-0.17-0.190.69
-0.120.510.29-0.29-0.290.26-0.310.840.170.580.30.110.530.04-0.660.620.170.17-0.090.310.50.570.830.56-0.54
-0.250.350.18-0.43-0.430.19-0.540.840.060.550.34-0.020.360.18-0.610.70.16-0.02-0.290.190.420.470.780.52-0.61
-0.02-0.04-0.160.140.14-0.23-0.160.170.060.00.15-0.06-0.02-0.430.110.330.740.230.39-0.050.07-0.25-0.06-0.010.0
0.390.70.160.180.180.61-0.20.580.550.0-0.140.530.7-0.09-0.720.37-0.20.520.3-0.40.460.530.641.0-0.08
-0.5-0.2-0.04-0.56-0.57-0.58-0.430.30.340.15-0.14-0.59-0.150.05-0.220.310.72-0.34-0.370.430.17-0.050.3-0.14-0.81
0.920.850.680.810.810.810.660.11-0.02-0.060.53-0.590.830.14-0.55-0.16-0.550.490.5-0.120.50.720.280.530.62
0.751.00.780.490.490.790.40.530.36-0.020.7-0.150.830.24-0.870.15-0.260.440.280.130.760.890.640.70.15
0.080.240.57-0.09-0.090.170.330.040.18-0.43-0.090.050.140.24-0.23-0.32-0.31-0.72-0.750.530.170.43-0.01-0.1-0.1
-0.47-0.85-0.66-0.15-0.14-0.58-0.07-0.66-0.610.11-0.72-0.22-0.55-0.87-0.23-0.40.1-0.31-0.08-0.18-0.73-0.87-0.82-0.710.25
-0.230.15-0.07-0.42-0.420.14-0.610.620.70.330.370.31-0.160.15-0.32-0.40.390.350.05-0.080.220.160.60.36-0.52
-0.42-0.3-0.27-0.32-0.32-0.6-0.440.170.160.74-0.20.72-0.55-0.26-0.310.10.39-0.070.00.20.09-0.390.04-0.2-0.49
0.510.460.00.480.470.50.040.17-0.020.230.52-0.340.490.44-0.72-0.310.35-0.070.88-0.480.340.180.360.530.35
0.550.28-0.030.710.710.250.23-0.09-0.290.390.3-0.370.50.28-0.75-0.080.050.00.88-0.460.20.020.080.310.58
-0.160.10.57-0.15-0.15-0.190.30.310.19-0.05-0.40.43-0.120.130.53-0.18-0.080.2-0.48-0.460.290.350.2-0.42-0.26
0.420.730.660.330.330.370.260.50.420.070.460.170.50.760.17-0.730.220.090.340.20.290.690.760.45-0.02
0.560.890.880.310.30.670.410.570.47-0.250.53-0.050.720.890.43-0.870.16-0.390.180.020.350.690.710.520.01
0.090.620.43-0.08-0.080.34-0.170.830.78-0.060.640.30.280.64-0.01-0.820.60.040.360.080.20.760.710.63-0.4
0.410.70.160.190.190.61-0.190.560.52-0.011.0-0.140.530.7-0.1-0.710.36-0.20.530.31-0.420.450.520.63-0.08
0.660.170.190.880.880.350.69-0.54-0.610.0-0.08-0.810.620.15-0.10.25-0.52-0.490.350.58-0.26-0.020.01-0.4-0.08
Click cells to compare fundamentals

MetLife Account Relationship Matchups

MetLife fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding944.4M913.2M869.4M808.9M762.3M954.7M
Total Assets740.5B795.1B759.7B666.6B687.6B656.2B
Short Long Term Debt Total16.9B18.1B17.4B18.0B18.8B18.1B
Other Current Liab(235M)(522M)(525M)(3.0B)196M186.2M
Total Current Liabilities235M393M341M217M505M479.8M
Total Stockholder Equity66.1B74.6B67.5B27.0B30.0B46.4B
Net Debt253M(1.6B)(2.6B)(2.2B)(1.8B)(1.7B)
Retained Earnings33.1B36.5B41.2B42.0B40.1B24.7B
Cash16.6B19.8B20.0B20.2B20.6B12.6B
Other Assets8.6B6.1B(10.1B)357.5B60.4B85.3B
Cash And Short Term Investments348.3B378.5B367.5B301.9B302.1B188.3B
Liabilities And Stockholders Equity740.5B795.1B759.7B666.6B687.6B656.2B
Non Current Liabilities Total25.7B28.8B26.8B639.1B657.3B690.2B
Other Stockholder Equity20.0B20.0B15.4B12.2B9.1B8.6B
Total Liab674.1B720.3B692.0B639.3B657.3B609.5B
Total Current Assets368.7B396.4B384.8B297.0B302.1B286.7B
Accumulated Other Comprehensive Income13.1B18.1B10.9B(27.1B)(19.2B)(18.3B)
Short Term Debt268M235M393M341M119M113.1M
Other Liab548.5B663.5B633.0B512.5B589.3B618.8B
Accounts Payable363M129M2.2B20.8B18.7B19.7B
Non Current Assets Total363.1B392.7B385.0B12.1B325.2B320.1B
Non Currrent Assets Other(363.1B)(392.7B)(385.0B)(309.3B)(325.2B)(308.9B)
Long Term Debt4.1B4.0B17.1B17.8B18.7B13.0B
Net Receivables20.4B17.9B17.3B17.4B29.2B18.7B
Good Will9.3B10.1B9.5B9.3B9.2B7.7B
Short Term Investments331.7B358.7B347.5B281.7B287.5B190.6B
Inventory(62.4B)(59.9B)(55.4B)(104.3B)(93.9B)(89.2B)
Treasury Stock(12.7B)(13.8B)(18.2B)(21.5B)(19.3B)(18.3B)
Intangible Assets19.1B18.7B18.3B25.5B20.9B12.2B
Property Plant Equipment2.8B2.6B2.2B1.9B2.1B1.5B
Property Plant And Equipment Net354.0B381.7B375.3B1.9B(148.6B)(141.2B)
Other Current Assets62.4B59.9B55.4B54.1B69.1B100.9B
Noncontrolling Interest In Consolidated Entity238M259M267M247M284.1M303.9M
Retained Earnings Total Equity33.1B36.5B41.2B42.0B48.2B30.2B
Deferred Long Term Liab9.1B11.0B9.7B325M373.8M355.1M
Net Tangible Assets56.8B64.4B57.9B17.7B16.0B15.2B

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Additional Tools for MetLife Stock Analysis

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