Affinity Accounts Payable from 2010 to 2024

AFBI Stock  USD 21.67  0.17  0.79%   
Affinity Bancshares' Accounts Payable is decreasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 6 M. Accounts Payable is the amount Affinity Bancshares owes to suppliers or vendors for products or services received but not yet paid for. It represents Affinity Bancshares' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
6.3 M
Current Value
M
Quarterly Volatility
108.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Affinity Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Affinity Bancshares' main balance sheet or income statement drivers, such as Interest Expense of 16.3 M, Other Operating Expenses of 17.6 M or Net Income Applicable To Common Shares of 4.3 M, as well as many indicators such as Price To Sales Ratio of 5.12, Dividend Yield of 0.0 or PTB Ratio of 1.23. Affinity financial statements analysis is a perfect complement when working with Affinity Bancshares Valuation or Volatility modules.
  
Check out the analysis of Affinity Bancshares Correlation against competitors.
For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.

Latest Affinity Bancshares' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Affinity Bancshares over the last few years. An accounting item on the balance sheet that represents Affinity Bancshares 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 Affinity Bancshares 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. Affinity Bancshares' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Affinity Bancshares' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Affinity Accounts Payable Regression Statistics

Arithmetic Mean133,726,478
Geometric Mean50,006,866
Coefficient Of Variation81.01
Mean Deviation102,545,427
Median219,181,000
Standard Deviation108,335,368
Sample Variance11736.6T
Range215.2M
R-Value(0.85)
Mean Square Error3524.7T
R-Squared0.72
Significance0.000062
Slope(20,571,395)
Total Sum of Squares164311.7T

Affinity Accounts Payable History

2024M
20236.3 M
2022M
20215.3 M
20204.7 M
20193.9 M

About Affinity Bancshares Financial Statements

Investors use fundamental indicators, such as Affinity Bancshares' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Affinity Bancshares' 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 Payable6.3 MM

Currently Active Assets on Macroaxis

When determining whether Affinity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Affinity Bancshares' 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 Affinity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Affinity Bancshares Stock:
Check out the analysis of Affinity Bancshares Correlation against competitors.
For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 Affinity Bancshares. If investors know Affinity 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 Affinity Bancshares 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
0.04
Earnings Share
0.85
Revenue Per Share
4.772
Quarterly Revenue Growth
0.06
Return On Assets
0.0065
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity Bancshares' 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 Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity Bancshares' 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 Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity Bancshares' 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.