Coastal Accounts Payable from 2010 to 2024

CCB Stock  USD 76.55  0.68  0.88%   
Coastal Financial's Accounts Payable is decreasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 32.8 M. Accounts Payable is the amount Coastal Financial Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Coastal Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-12-31
Previous Quarter
35.5 M
Current Value
40.3 M
Quarterly Volatility
119.7 M
 
Covid
Check Coastal Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coastal Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 96.2 M or Selling General Administrative of 76.4 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 3.92. Coastal financial statements analysis is a perfect complement when working with Coastal Financial Valuation or Volatility modules.
  
Check out the analysis of Coastal Financial Correlation against competitors.

Latest Coastal Financial's Accounts Payable Growth Pattern

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

Coastal Accounts Payable Regression Statistics

Arithmetic Mean136,330,057
Geometric Mean9,100,232
Coefficient Of Variation137.89
Mean Deviation169,446,229
Median21,103,000
Standard Deviation187,981,247
Sample Variance35336.9T
Range471.9M
R-Value(0.77)
Mean Square Error15776.5T
R-Squared0.59
Significance0.0009
Slope(32,161,568)
Total Sum of Squares494717.3T

Coastal Accounts Payable History

202432.8 M
202334.5 M
202221.1 M
20212.2 M
2020531 K
2019308 K
2018279 K

About Coastal Financial Financial Statements

Coastal Financial stakeholders use historical fundamental indicators, such as Coastal Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Coastal Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Coastal Financial's assets and liabilities are reflected in the revenues and expenses on Coastal 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 Coastal Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable34.5 M32.8 M

Also Currently Popular

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 Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial'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 Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:
Check out the analysis of Coastal Financial Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Coastal Financial. If investors know Coastal 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 Coastal 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
0.293
Earnings Share
2.98
Revenue Per Share
21.247
Quarterly Revenue Growth
0.179
Return On Assets
0.0106
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal 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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal 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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal 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.