Apple Retained Earnings vs Long Term Debt 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 Retained Earnings and its Long Term Debt 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.
Retained Earnings vs Long Term Debt
Retained Earnings vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Apple's Retained Earnings and Long Term Debt is -0.27. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt 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 Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Apple Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Apple's Retained Earnings and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Long Term Debt
Long-term debt is a debt that Apple Inc has held for over one year. Long-term debt appears on Apple Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Apple Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 |
Apple fundamental ratios Correlations
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Apple Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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