APT Net Invested Capital vs Inventory Analysis

688617 Stock

362.62 10.47 2.97%

APT Medical financial indicator trend analysis is way more than just evaluating APT Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APT Medical is a good investment. Please check the relationship between APT Medical Net Invested Capital and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APT Medical. 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.

Net Invested Capital vs Inventory

Net Invested Capital vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APT Medical Net Invested Capital account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between APT Medical's Net Invested Capital and Inventory is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Inventory in the same time period over historical financial statements of APT Medical, assuming nothing else is changed. The correlation between historical values of APT Medical's Net Invested Capital and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of APT Medical are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Invested Capital i.e., APT Medical's Net Invested Capital and Inventory go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Inventory

Most indicators from APT Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APT Medical 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 APT Medical. 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.

The current year's Selling General Administrative is expected to grow to about 346.8 M, whereas Tax Provision is forecasted to decline to about 41 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.6M	1.5M	3.7M	3.9M
Depreciation And Amortization	22.7M	63.1M	72.5M	76.1M

Interest Expense Depreciation And Amortization

APT Medical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Net Receivables	Net Invested Capital
Total Assets		0.5	0.54	0.84	0.99	0.97	-0.76	0.83	0.96	0.68	0.98	0.56	0.93	0.98	0.23	0.98	-0.83	0.94	0.84	1.0	0.86	0.62	0.96	-0.89	-0.61	0.98
Short Long Term Debt Total	0.5		0.3	0.48	0.46	0.54	0.09	0.43	0.49	0.35	0.6	0.22	0.42	0.42	0.95	0.62	-0.88	0.45	0.59	0.46	0.76	0.96	0.69	-0.45	-0.32	0.42
Other Current Liab	0.54	0.3		0.25	0.57	0.41	-0.45	0.19	0.56	-0.12	0.5	0.55	0.41	0.53	0.16	0.61	-0.52	0.43	0.27	0.55	0.39	0.2	0.52	-0.5	-0.05	0.51
Total Current Liabilities	0.84	0.48	0.25		0.81	0.88	-0.6	1.0	0.87	0.93	0.88	0.17	0.92	0.87	0.25	0.85	-0.71	0.88	0.99	0.82	0.92	0.62	0.81	-0.86	-0.65	0.86
Total Stockholder Equity	0.99	0.46	0.57	0.81		0.95	-0.81	0.8	0.94	0.65	0.95	0.63	0.94	0.98	0.19	0.97	-0.81	0.95	0.81	1.0	0.83	0.56	0.94	-0.9	-0.65	0.99
Property Plant And Equipment Net	0.97	0.54	0.41	0.88	0.95		-0.66	0.87	0.96	0.76	0.99	0.39	0.89	0.92	0.27	0.96	-0.8	0.88	0.89	0.95	0.88	0.69	0.95	-0.88	-0.56	0.93
Net Debt	-0.76	0.09	-0.45	-0.6	-0.81	-0.66		-0.62	-0.66	-0.51	-0.63	-0.68	-0.82	-0.83	0.33	-0.67	0.38	-0.83	-0.53	-0.8	-0.47	0.0	-0.61	0.76	0.68	-0.83
Retained Earnings	0.83	0.43	0.19	1.0	0.8	0.87	-0.62		0.84	0.95	0.86	0.17	0.92	0.86	0.2	0.82	-0.67	0.88	0.98	0.81	0.9	0.58	0.79	-0.86	-0.68	0.85
Accounts Payable	0.96	0.49	0.56	0.87	0.94	0.96	-0.66	0.84		0.68	0.98	0.36	0.88	0.93	0.21	0.95	-0.78	0.85	0.87	0.94	0.86	0.62	0.9	-0.83	-0.43	0.93
Cash	0.68	0.35	-0.12	0.93	0.65	0.76	-0.51	0.95	0.68		0.72	0.04	0.81	0.72	0.15	0.65	-0.52	0.77	0.91	0.66	0.79	0.53	0.65	-0.72	-0.7	0.72
Non Current Assets Total	0.98	0.6	0.5	0.88	0.95	0.99	-0.63	0.86	0.98	0.72		0.41	0.89	0.93	0.34	0.98	-0.85	0.88	0.89	0.96	0.91	0.73	0.96	-0.88	-0.53	0.94
Non Currrent Assets Other	0.56	0.22	0.55	0.17	0.63	0.39	-0.68	0.17	0.36	0.04	0.41		0.54	0.59	0.12	0.52	-0.54	0.62	0.19	0.62	0.32	0.15	0.54	-0.5	-0.61	0.6
Cash And Short Term Investments	0.93	0.42	0.41	0.92	0.94	0.89	-0.82	0.92	0.88	0.81	0.89	0.54		0.98	0.17	0.9	-0.76	0.99	0.9	0.94	0.88	0.52	0.87	-0.91	-0.79	0.97
Common Stock Shares Outstanding	0.98	0.42	0.53	0.87	0.98	0.92	-0.83	0.86	0.93	0.72	0.93	0.59	0.98		0.16	0.94	-0.78	0.98	0.86	0.98	0.85	0.52	0.9	-0.89	-0.69	1.0
Non Current Liabilities Total	0.23	0.95	0.16	0.25	0.19	0.27	0.33	0.2	0.21	0.15	0.34	0.12	0.17	0.16		0.37	-0.73	0.21	0.37	0.19	0.56	0.86	0.45	-0.2	-0.2	0.15
Inventory	0.98	0.62	0.61	0.85	0.97	0.96	-0.67	0.82	0.95	0.65	0.98	0.52	0.9	0.94	0.37		-0.89	0.91	0.86	0.96	0.92	0.7	0.98	-0.92	-0.58	0.94
Other Current Assets	-0.83	-0.88	-0.52	-0.71	-0.81	-0.8	0.38	-0.67	-0.78	-0.52	-0.85	-0.54	-0.76	-0.78	-0.73	-0.89		-0.79	-0.77	-0.81	-0.91	-0.88	-0.91	0.73	0.56	-0.78
Other Stockholder Equity	0.94	0.45	0.43	0.88	0.95	0.88	-0.83	0.88	0.85	0.77	0.88	0.62	0.99	0.98	0.21	0.91	-0.79		0.87	0.95	0.87	0.53	0.88	-0.91	-0.82	0.97
Total Liab	0.84	0.59	0.27	0.99	0.81	0.89	-0.53	0.98	0.87	0.91	0.89	0.19	0.9	0.86	0.37	0.86	-0.77	0.87		0.82	0.96	0.71	0.84	-0.85	-0.65	0.85
Total Current Assets	1.0	0.46	0.55	0.82	1.0	0.95	-0.8	0.81	0.94	0.66	0.96	0.62	0.94	0.98	0.19	0.96	-0.81	0.95	0.82		0.83	0.57	0.94	-0.89	-0.64	0.99
Short Term Debt	0.86	0.76	0.39	0.92	0.83	0.88	-0.47	0.9	0.86	0.79	0.91	0.32	0.88	0.85	0.56	0.92	-0.91	0.87	0.96	0.83		0.82	0.91	-0.85	-0.64	0.84
Intangible Assets	0.62	0.96	0.2	0.62	0.56	0.69	0.0	0.58	0.62	0.53	0.73	0.15	0.52	0.52	0.86	0.7	-0.88	0.53	0.71	0.57	0.82		0.78	-0.54	-0.37	0.53
Common Stock	0.96	0.69	0.52	0.81	0.94	0.95	-0.61	0.79	0.9	0.65	0.96	0.54	0.87	0.9	0.45	0.98	-0.91	0.88	0.84	0.94	0.91	0.78		-0.91	-0.63	0.91
Long Term Debt	-0.89	-0.45	-0.5	-0.86	-0.9	-0.88	0.76	-0.86	-0.83	-0.72	-0.88	-0.5	-0.91	-0.89	-0.2	-0.92	0.73	-0.91	-0.85	-0.89	-0.85	-0.54	-0.91		0.74	-0.89
Net Receivables	-0.61	-0.32	-0.05	-0.65	-0.65	-0.56	0.68	-0.68	-0.43	-0.7	-0.53	-0.61	-0.79	-0.69	-0.2	-0.58	0.56	-0.82	-0.65	-0.64	-0.64	-0.37	-0.63	0.74		-0.68
Net Invested Capital	0.98	0.42	0.51	0.86	0.99	0.93	-0.83	0.85	0.93	0.72	0.94	0.6	0.97	1.0	0.15	0.94	-0.78	0.97	0.85	0.99	0.84	0.53	0.91	-0.89	-0.68

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APT Medical Account Relationship Matchups

APT Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	561.0M	588.7M	2.0B	2.2B	2.6B	1.3B
Short Long Term Debt Total	137.9M	39.1M	46.6M	52.6M	60.5M	52.7M
Other Current Liab	56.6M	85.5M	143.8M	327.1M	4.8M	4.6M
Total Current Liabilities	101.5M	109.4M	194.5M	411.9M	588.2M	617.6M
Total Stockholder Equity	349.6M	460.4M	1.8B	1.8B	1.9B	1.1B
Property Plant And Equipment Net	133.4M	155.1M	258.7M	319.9M	464.5M	236.0M
Net Debt	64.4M	(81.3M)	(263.1M)	(198.3M)	(178.5M)	(169.5M)
Retained Earnings	139.7M	238.9M	405.3M	686.1M	1.1B	1.2B
Accounts Payable	11.0M	8.4M	21.1M	41.2M	42.7M	21.6M
Cash	73.5M	120.3M	309.7M	250.9M	1.3B	1.3B
Non Current Assets Total	286.7M	238.5M	459.9M	668.5M	816.9M	421.5M
Non Currrent Assets Other	48.2M	49.3M	951.4M	297.0M	44.8M	42.6M
Cash And Short Term Investments	73.5M	120.3M	1.2B	1.1B	1.3B	1.4B
Common Stock Shares Outstanding	50.0M	49.9M	65.6M	66.7M	66.9M	62.7M
Liabilities And Stockholders Equity	561.0M	588.7M	2.0B	2.2B	2.6B	2.7B
Non Current Liabilities Total	113.7M	29.2M	27.5M	23.0M	22.8M	35.7M
Inventory	142.8M	145.3M	263.2M	337.9M	328.0M	210.8M
Other Current Assets	1.1M	28.1M	4.4M	5.5M	7.3M	13.6M
Other Stockholder Equity	159.9M	171.4M	1.3B	1.0B	1.2B	1.2B
Total Liab	215.1M	138.6M	222.0M	434.9M	611.0M	641.5M
Total Current Assets	274.3M	350.3M	1.6B	1.6B	1.8B	920.6M
Short Term Debt	33.8M	15.5M	29.6M	43.5M	50.1M	52.6M
Intangible Assets	103.8M	32.5M	32.4M	38.9M	83.0M	46.0M

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Other Information on Investing in APT Stock

Balance Sheet is a snapshot of the financial position of APT Medical at a specified time, usually calculated after every quarter, six months, or one year. APT Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of APT Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which APT currently owns. An asset can also be divided into two categories, current and non-current.

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APT Net Invested Capital vs Inventory Analysis

Net Invested Capital vs Inventory

Net Invested Capital vs Inventory Correlation Analysis

Correlation Coefficient

Net Invested Capital

Inventory

APT Medical fundamental ratios Correlations

APT Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

APT Medical fundamental ratios Accounts

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Other Information on Investing in APT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities

Long Term Debt	- 0.92	Inventory
Long Term Debt	- 0.91	Common Stock
Long Term Debt	- 0.91	Other Stockholder Equity
Common Stock	- 0.91	Other Current Assets
Short Term Debt	- 0.91	Other Current Assets
Long Term Debt	- 0.91	Cash And Short Term Investments