Apple Change In Working Capital vs Capital Expenditures Analysis

0R2V Stock

233.00 2.50 1.06%

Apple financial indicator trend analysis is way more than just evaluating Apple Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple Inc is a good investment. Please check the relationship between Apple Change In Working Capital and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.

The correlation between Apple's Change In Working Capital and Capital Expenditures is -0.76. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Apple Inc, assuming nothing else is changed. The correlation between historical values of Apple's Change In Working Capital and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Apple Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., Apple's Change In Working Capital and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Capital Expenditures

Capital Expenditures are funds used by Apple Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Apple operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Apple's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apple Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 20.3 B in 2024, whereas Tax Provision is likely to drop slightly above 10 B in 2024.

	2010	2021	2023	2024 (projected)
Interest Income	198M	2.9B	2.6B	2.7B
Tax Provision	14.5B	15.7B	14.2B	10.0B

Interest Income Tax Provision

Apple fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		-0.44	0.13	0.3	-0.41	-0.77	0.07	-0.46	-0.5	0.41	0.2	-0.54	0.33	-0.43	-0.45	-0.88	0.34	0.08	-0.01	0.11	0.4	0.07	0.26
Short Long Term Debt Total	-0.44		0.42	-0.78	-0.31	0.68	0.37	1.0	-0.32	0.3	-0.78	0.29	0.38	-0.28	0.96	0.32	-0.78	0.39	0.43	0.4	-0.49	-0.4	0.56
Total Current Liabilities	0.13	0.42		-0.71	-0.95	0.4	0.99	0.38	-0.75	0.95	-0.74	-0.47	0.97	-0.95	0.55	-0.27	-0.7	0.99	0.99	1.0	-0.84	-0.97	0.78
Total Stockholder Equity	0.3	-0.78	-0.71		0.61	-0.82	-0.73	-0.75	0.67	-0.61	0.99	0.31	-0.64	0.61	-0.92	0.04	1.0	-0.73	-0.74	-0.72	0.72	0.75	-0.45
Retained Earnings	-0.41	-0.31	-0.95	0.61		-0.17	-0.92	-0.27	0.88	-1.0	0.67	0.6	-0.99	1.0	-0.43	0.52	0.59	-0.93	-0.9	-0.95	0.64	0.86	-0.79
Cash	-0.77	0.68	0.4	-0.82	-0.17		0.47	0.66	-0.15	0.17	-0.75	0.01	0.22	-0.16	0.81	0.45	-0.84	0.45	0.51	0.42	-0.72	-0.56	0.06
Other Assets	0.07	0.37	0.99	-0.73	-0.92	0.47		0.32	-0.74	0.92	-0.75	-0.54	0.94	-0.92	0.54	-0.26	-0.72	1.0	0.99	1.0	-0.87	-0.99	0.67
Long Term Debt	-0.46	1.0	0.38	-0.75	-0.27	0.66	0.32		-0.27	0.26	-0.75	0.34	0.34	-0.24	0.95	0.36	-0.75	0.35	0.39	0.36	-0.47	-0.36	0.55
Cash And Short Term Investments	-0.5	-0.32	-0.75	0.67	0.88	-0.15	-0.74	-0.27		-0.88	0.74	0.76	-0.83	0.89	-0.45	0.74	0.64	-0.74	-0.67	-0.75	0.36	0.64	-0.56
Net Receivables	0.41	0.3	0.95	-0.61	-1.0	0.17	0.92	0.26	-0.88		-0.67	-0.61	0.99	-1.0	0.43	-0.53	-0.59	0.93	0.9	0.95	-0.64	-0.86	0.78
Short Term Investments	0.2	-0.78	-0.74	0.99	0.67	-0.75	-0.75	-0.75	0.74	-0.67		0.35	-0.69	0.67	-0.91	0.13	0.99	-0.75	-0.75	-0.74	0.68	0.75	-0.52
Inventory	-0.54	0.29	-0.47	0.31	0.6	0.01	-0.54	0.34	0.76	-0.61	0.35		-0.51	0.64	0.06	0.83	0.29	-0.51	-0.44	-0.5	0.16	0.46	-0.02
Other Current Assets	0.33	0.38	0.97	-0.64	-0.99	0.22	0.94	0.34	-0.83	0.99	-0.69	-0.51		-0.99	0.49	-0.42	-0.62	0.95	0.92	0.96	-0.7	-0.89	0.84
Other Stockholder Equity	-0.43	-0.28	-0.95	0.61	1.0	-0.16	-0.92	-0.24	0.89	-1.0	0.67	0.64	-0.99		-0.41	0.56	0.59	-0.93	-0.89	-0.94	0.63	0.86	-0.76
Total Liab	-0.45	0.96	0.55	-0.92	-0.43	0.81	0.54	0.95	-0.45	0.43	-0.91	0.06	0.49	-0.41		0.22	-0.92	0.55	0.58	0.55	-0.63	-0.57	0.51
Total Current Assets	-0.88	0.32	-0.27	0.04	0.52	0.45	-0.26	0.36	0.74	-0.53	0.13	0.83	-0.42	0.56	0.22		0.01	-0.25	-0.15	-0.27	-0.24	0.13	-0.15
Short Term Debt	0.34	-0.78	-0.7	1.0	0.59	-0.84	-0.72	-0.75	0.64	-0.59	0.99	0.29	-0.62	0.59	-0.92	0.01		-0.72	-0.73	-0.71	0.73	0.74	-0.43
Common Stock	0.08	0.39	0.99	-0.73	-0.93	0.45	1.0	0.35	-0.74	0.93	-0.75	-0.51	0.95	-0.93	0.55	-0.25	-0.72		1.0	1.0	-0.87	-0.99	0.71
Property Plant Equipment	-0.01	0.43	0.99	-0.74	-0.9	0.51	0.99	0.39	-0.67	0.9	-0.75	-0.44	0.92	-0.89	0.58	-0.15	-0.73	1.0		0.99	-0.91	-1.0	0.7
Other Current Liab	0.11	0.4	1.0	-0.72	-0.95	0.42	1.0	0.36	-0.75	0.95	-0.74	-0.5	0.96	-0.94	0.55	-0.27	-0.71	1.0	0.99		-0.85	-0.98	0.74
Other Liab	0.4	-0.49	-0.84	0.72	0.64	-0.72	-0.87	-0.47	0.36	-0.64	0.68	0.16	-0.7	0.63	-0.63	-0.24	0.73	-0.87	-0.91	-0.85		0.93	-0.53
Net Tangible Assets	0.07	-0.4	-0.97	0.75	0.86	-0.56	-0.99	-0.36	0.64	-0.86	0.75	0.46	-0.89	0.86	-0.57	0.13	0.74	-0.99	-1.0	-0.98	0.93		-0.63
Accounts Payable	0.26	0.56	0.78	-0.45	-0.79	0.06	0.67	0.55	-0.56	0.78	-0.52	-0.02	0.84	-0.76	0.51	-0.15	-0.43	0.71	0.7	0.74	-0.53	-0.63

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

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Apple Change In Working Capital vs Capital Expenditures Analysis

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Working Capital

Capital Expenditures

Apple fundamental ratios Correlations

Apple Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Long Term Debt	+ 1.0	Short Long Term Debt Total
Other Current Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Retained Earnings
Common Stock	+ 1.0	Other Assets
Other Current Liab	+ 1.0	Other Assets

Net Tangible Assets	- 1.0	Property Plant Equipment
Other Stockholder Equity	- 1.0	Net Receivables
Net Receivables	- 1.0	Retained Earnings
Net Tangible Assets	- 0.99	Common Stock
Other Stockholder Equity	- 0.99	Other Current Assets
Net Tangible Assets	- 0.99	Other Assets