Kingstone Accounts Payable from 2010 to 2024

KINS Stock  USD 15.56  0.18  1.17%   
Kingstone Companies Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount Kingstone Companies owes to suppliers or vendors for products or services received but not yet paid for. It represents Kingstone Companies' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
10.5 M
Current Value
9.9 M
Quarterly Volatility
6.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kingstone Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kingstone Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 2.4 M or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0841 or PTB Ratio of 0.63. Kingstone financial statements analysis is a perfect complement when working with Kingstone Companies Valuation or Volatility modules.
  
Check out the analysis of Kingstone Companies Correlation against competitors.
For more information on how to buy Kingstone Stock please use our How to Invest in Kingstone Companies guide.

Latest Kingstone Companies' Accounts Payable Growth Pattern

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

Kingstone Accounts Payable Regression Statistics

Arithmetic Mean10,263,475
Geometric Mean5,817,376
Coefficient Of Variation57.97
Mean Deviation4,743,630
Median8,752,607
Standard Deviation5,949,491
Sample Variance35.4T
Range21.7M
R-Value0.77
Mean Square Error15.3T
R-Squared0.60
Significance0.0007
Slope1,029,861
Total Sum of Squares495.6T

Kingstone Accounts Payable History

202413.5 M
202312.8 M
202213.1 M
202120.7 M
202015.4 M
201921.7 M
20188.8 M

About Kingstone Companies Financial Statements

Kingstone Companies shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Kingstone Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Kingstone Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Kingstone Companies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable12.8 M13.5 M

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Additional Tools for Kingstone Stock Analysis

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