Greenlight Accounts Payable from 2010 to 2024

GLRE Stock  USD 14.93  0.10  0.67%   
Greenlight Capital's Accounts Payable is decreasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 65.5 M. Accounts Payable is the amount Greenlight Capital Re owes to suppliers or vendors for products or services received but not yet paid for. It represents Greenlight Capital's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2005-12-31
Previous Quarter
76.3 M
Current Value
88.2 M
Quarterly Volatility
207.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Greenlight Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenlight Capital's main balance sheet or income statement drivers, such as Interest Expense of 8.4 M, Total Revenue of 408.3 M or Gross Profit of 655.5 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 1.1. Greenlight financial statements analysis is a perfect complement when working with Greenlight Capital Valuation or Volatility modules.
  
Check out the analysis of Greenlight Capital Correlation against competitors.

Latest Greenlight Capital's Accounts Payable Growth Pattern

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

Greenlight Accounts Payable Regression Statistics

Arithmetic Mean243,184,257
Geometric Mean134,120,086
Coefficient Of Variation89.25
Mean Deviation167,957,094
Median139,218,000
Standard Deviation217,032,429
Sample Variance47103.1T
Range838.2M
R-Value(0.35)
Mean Square Error44618.3T
R-Squared0.12
Significance0.21
Slope(16,840,150)
Total Sum of Squares659443.1T

Greenlight Accounts Payable History

202465.5 M
202369 M
2022105.1 M
202191.2 M
202092.2 M
2019122.7 M
2018139.2 M

About Greenlight Capital Financial Statements

Greenlight Capital stakeholders use historical fundamental indicators, such as Greenlight Capital's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Greenlight Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greenlight Capital's assets and liabilities are reflected in the revenues and expenses on Greenlight Capital'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 Greenlight Capital Re. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable69 M65.5 M

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When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:
Check out the analysis of Greenlight Capital Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Reinsurance 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 Greenlight Capital. If investors know Greenlight 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 Greenlight Capital 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
1.59
Earnings Share
2.53
Revenue Per Share
20.548
Quarterly Revenue Growth
0.079
Return On Assets
0.033
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital'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 Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital'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 Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital'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.