Profire Accounts Payable from 2010 to 2024

PFIE Stock  USD 2.50  0.79  46.20%   
Profire Ene's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 1.4 M. Accounts Payable is the amount Profire Ene owes to suppliers or vendors for products or services received but not yet paid for. It represents Profire Ene's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2005-03-31
Previous Quarter
M
Current Value
1.6 M
Quarterly Volatility
849.4 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Profire Ene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profire Ene's main balance sheet or income statement drivers, such as Depreciation And Amortization of 687.1 K, Interest Expense of 9 K or Selling General Administrative of 8.7 M, as well as many indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0 or PTB Ratio of 1.06. Profire financial statements analysis is a perfect complement when working with Profire Ene Valuation or Volatility modules.
  
Check out the analysis of Profire Ene Correlation against competitors.
For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.

Latest Profire Ene's Accounts Payable Growth Pattern

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

Profire Accounts Payable Regression Statistics

Arithmetic Mean1,527,663
Geometric Mean1,367,321
Coefficient Of Variation48.19
Mean Deviation567,174
Median1,387,791
Standard Deviation736,168
Sample Variance541.9B
Range2.4M
R-Value0.67
Mean Square Error319.7B
R-Squared0.45
Significance0.01
Slope110,702
Total Sum of Squares7.6T

Profire Accounts Payable History

20241.4 M
20232.7 M
2022M
20211.8 M
20201.2 M
20192.6 M
20181.2 M

About Profire Ene Financial Statements

Profire Ene stakeholders use historical fundamental indicators, such as Profire Ene's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Profire Ene investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profire Ene's assets and liabilities are reflected in the revenues and expenses on Profire Ene'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 Profire Ene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.7 M1.4 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 Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire Stock, refer to the following important reports:
Check out the analysis of Profire Ene Correlation against competitors.
For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Equipment & Services 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 Profire Ene. If investors know Profire 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 Profire Ene 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
(0.33)
Earnings Share
0.18
Revenue Per Share
1.223
Quarterly Revenue Growth
0.041
Return On Assets
0.0938
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.