Apple Common Stock vs Short Long Term Debt Total Analysis

0R2V Stock   229.50  1.00  0.44%   
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 Common Stock and its Short Long Term Debt Total 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.

Common Stock vs Short Long Term Debt Total

Common Stock vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Apple's Common Stock and Short Long Term Debt Total is 0.39. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total 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 Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Apple Inc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Apple's Common Stock and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Short Long Term Debt Total

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 Income198M2.9B2.6B2.7B
Tax Provision14.5B15.7B14.2B10.0B

Apple fundamental ratios Correlations

-0.440.130.3-0.41-0.770.07-0.46-0.50.410.2-0.540.33-0.43-0.45-0.880.340.08-0.010.110.40.070.26
-0.440.42-0.78-0.310.680.371.0-0.320.3-0.780.290.38-0.280.960.32-0.780.390.430.4-0.49-0.40.56
0.130.42-0.71-0.950.40.990.38-0.750.95-0.74-0.470.97-0.950.55-0.27-0.70.990.991.0-0.84-0.970.78
0.3-0.78-0.710.61-0.82-0.73-0.750.67-0.610.990.31-0.640.61-0.920.041.0-0.73-0.74-0.720.720.75-0.45
-0.41-0.31-0.950.61-0.17-0.92-0.270.88-1.00.670.6-0.991.0-0.430.520.59-0.93-0.9-0.950.640.86-0.79
-0.770.680.4-0.82-0.170.470.66-0.150.17-0.750.010.22-0.160.810.45-0.840.450.510.42-0.72-0.560.06
0.070.370.99-0.73-0.920.470.32-0.740.92-0.75-0.540.94-0.920.54-0.26-0.721.00.991.0-0.87-0.990.67
-0.461.00.38-0.75-0.270.660.32-0.270.26-0.750.340.34-0.240.950.36-0.750.350.390.36-0.47-0.360.55
-0.5-0.32-0.750.670.88-0.15-0.74-0.27-0.880.740.76-0.830.89-0.450.740.64-0.74-0.67-0.750.360.64-0.56
0.410.30.95-0.61-1.00.170.920.26-0.88-0.67-0.610.99-1.00.43-0.53-0.590.930.90.95-0.64-0.860.78
0.2-0.78-0.740.990.67-0.75-0.75-0.750.74-0.670.35-0.690.67-0.910.130.99-0.75-0.75-0.740.680.75-0.52
-0.540.29-0.470.310.60.01-0.540.340.76-0.610.35-0.510.640.060.830.29-0.51-0.44-0.50.160.46-0.02
0.330.380.97-0.64-0.990.220.940.34-0.830.99-0.69-0.51-0.990.49-0.42-0.620.950.920.96-0.7-0.890.84
-0.43-0.28-0.950.611.0-0.16-0.92-0.240.89-1.00.670.64-0.99-0.410.560.59-0.93-0.89-0.940.630.86-0.76
-0.450.960.55-0.92-0.430.810.540.95-0.450.43-0.910.060.49-0.410.22-0.920.550.580.55-0.63-0.570.51
-0.880.32-0.270.040.520.45-0.260.360.74-0.530.130.83-0.420.560.220.01-0.25-0.15-0.27-0.240.13-0.15
0.34-0.78-0.71.00.59-0.84-0.72-0.750.64-0.590.990.29-0.620.59-0.920.01-0.72-0.73-0.710.730.74-0.43
0.080.390.99-0.73-0.930.451.00.35-0.740.93-0.75-0.510.95-0.930.55-0.25-0.721.01.0-0.87-0.990.71
-0.010.430.99-0.74-0.90.510.990.39-0.670.9-0.75-0.440.92-0.890.58-0.15-0.731.00.99-0.91-1.00.7
0.110.41.0-0.72-0.950.421.00.36-0.750.95-0.74-0.50.96-0.940.55-0.27-0.711.00.99-0.85-0.980.74
0.4-0.49-0.840.720.64-0.72-0.87-0.470.36-0.640.680.16-0.70.63-0.63-0.240.73-0.87-0.91-0.850.93-0.53
0.07-0.4-0.970.750.86-0.56-0.99-0.360.64-0.860.750.46-0.890.86-0.570.130.74-0.99-1.0-0.980.93-0.63
0.260.560.78-0.45-0.790.060.670.55-0.560.78-0.52-0.020.84-0.760.51-0.15-0.430.710.70.74-0.53-0.63
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Apple Account Relationship Matchups

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