Golden Accounts Payable from 2010 to 2024

GDEN Stock  USD 32.05  0.69  2.11%   
Golden Entertainment Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to grow to about 19.6 M this year. Accounts Payable is the amount Golden Entertainment owes to suppliers or vendors for products or services received but not yet paid for. It represents Golden Entertainment's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1999-03-31
Previous Quarter
22.2 M
Current Value
18.7 M
Quarterly Volatility
9.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden main balance sheet or income statement drivers, such as Depreciation And Amortization of 93.9 M, Interest Expense of 68.8 M or Selling General Administrative of 244.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0551 or PTB Ratio of 1.09. Golden financial statements analysis is a perfect complement when working with Golden Entertainment Valuation or Volatility modules.
  
This module can also supplement Golden Entertainment's financial leverage analysis and stock options assessment as well as various Golden Entertainment Technical models . Check out the analysis of Golden Entertainment Correlation against competitors.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.

Latest Golden Entertainment's Accounts Payable Growth Pattern

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

Golden Accounts Payable Regression Statistics

Arithmetic Mean13,492,073
Geometric Mean5,362,721
Coefficient Of Variation81.15
Mean Deviation9,637,268
Median18,702,000
Standard Deviation10,949,037
Sample Variance119.9T
Range29.8M
R-Value0.82
Mean Square Error42.5T
R-Squared0.67
Significance0.0002
Slope2,005,117
Total Sum of Squares1678.3T

Golden Accounts Payable History

202419.6 M
202318.7 M
202225.2 M
202119.1 M
202020.2 M
201930.1 M
201827.8 M

About Golden Entertainment Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Golden Entertainment income statement, its balance sheet, and the statement of cash flows. Golden Entertainment investors use historical funamental indicators, such as Golden Entertainment's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Golden Entertainment investors may use each financial statement separately, they are all related. The changes in Golden Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golden Entertainment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Golden Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Golden Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable18.7 M19.6 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Entertainment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Entertainment's short interest history, or implied volatility extrapolated from Golden Entertainment options trading.

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When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment'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 Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:
Check out the analysis of Golden Entertainment Correlation against competitors.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
Note that the Golden Entertainment information on this page should be used as a complementary analysis to other Golden Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Golden Entertainment's price analysis, check to measure Golden Entertainment's 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 Golden Entertainment is operating at the current time. Most of Golden Entertainment's value examination focuses on studying past and present price action to predict the probability of Golden Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Entertainment's price. Additionally, you may evaluate how the addition of Golden Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Golden Entertainment's industry 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 Golden Entertainment. If investors know Golden 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 Golden Entertainment 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
16.4
Earnings Share
8.31
Revenue Per Share
36.755
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0455
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment'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 Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment'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 Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.