Apple Other Operating Expenses vs Ebitda Analysis
AAPL Stock | USD 229.87 1.35 0.59% |
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 Other Operating Expenses and its Ebitda 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 american community survey.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Other Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Apple's Other Operating Expenses and Ebitda is 0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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 Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Apple Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Apple's Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Apple Inc. It is also known as Apple overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Ebitda
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 american community survey. Selling General Administrative is expected to rise to about 27.4 B this year, although the value of Tax Provision will most likely fall to about 18.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9B | 3.9B | 4.5B | 4.7B | Depreciation And Amortization | 11.1B | 11.5B | 11.4B | 12.0B |
Apple fundamental ratios Correlations
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Apple Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apple fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 323.9B | 351.0B | 352.8B | 352.6B | 365.0B | 383.2B | |
Other Current Liab | 42.7B | 47.5B | 60.8B | 58.8B | 50.1B | 52.6B | |
Total Current Liabilities | 105.4B | 125.5B | 154.0B | 145.3B | 176.4B | 185.2B | |
Total Stockholder Equity | 65.3B | 63.1B | 50.7B | 62.1B | 57.0B | 40.8B | |
Property Plant And Equipment Net | 36.8B | 39.4B | 42.1B | 43.7B | 45.7B | 48.0B | |
Net Debt | 74.4B | 89.8B | 96.4B | 81.1B | 76.7B | 80.5B | |
Retained Earnings | 15.0B | 5.6B | (3.1B) | (214M) | (19.2B) | (18.2B) | |
Cash | 38.0B | 34.9B | 23.6B | 30.0B | 29.9B | 31.4B | |
Non Current Assets Total | 180.2B | 216.2B | 217.4B | 209.0B | 212.0B | 222.6B | |
Non Currrent Assets Other | 42.5B | 48.8B | 54.4B | 64.8B | 55.3B | 58.1B | |
Cash And Short Term Investments | 90.9B | 62.6B | 48.3B | 61.6B | 65.2B | 68.4B | |
Net Receivables | 16.1B | 26.3B | 28.2B | 29.5B | 66.2B | 69.6B | |
Common Stock Shares Outstanding | 17.5B | 16.9B | 16.3B | 15.8B | 15.4B | 20.9B | |
Liabilities And Stockholders Equity | 323.9B | 351.0B | 352.8B | 352.6B | 365.0B | 383.2B | |
Non Current Liabilities Total | 153.2B | 162.4B | 148.1B | 145.1B | 131.6B | 138.2B | |
Inventory | 4.1B | 6.6B | 4.9B | 6.3B | 7.3B | 7.7B | |
Other Current Assets | 11.3B | 14.1B | 21.2B | 14.7B | 14.3B | 15.0B | |
Other Stockholder Equity | (406M) | 163M | (11.1B) | (11.5B) | (10.3B) | (9.8B) | |
Total Liab | 258.5B | 287.9B | 302.1B | 290.4B | 308.0B | 323.4B | |
Total Current Assets | 143.7B | 134.8B | 135.4B | 143.6B | 153.0B | 160.6B | |
Accumulated Other Comprehensive Income | (406M) | 163M | (11.1B) | (11.5B) | (7.2B) | (6.8B) | |
Cash And Equivalents | 38.0B | 34.9B | 23.6B | 30.0B | 34.5B | 36.2B | |
Property Plant Equipment | 36.8B | 39.4B | 42.1B | 43.7B | 50.3B | 52.8B | |
Short Long Term Debt Total | 112.4B | 124.7B | 120.9B | 111.9B | 106.6B | 112.0B | |
Short Term Debt | 13.8B | 15.6B | 21.1B | 15.8B | 22.5B | 23.6B | |
Accounts Payable | 42.3B | 54.8B | 64.1B | 62.6B | 69.0B | 72.4B | |
Current Deferred Revenue | 6.6B | 7.6B | 7.9B | 8.1B | 8.2B | 4.7B | |
Short Term Investments | 52.9B | 27.7B | 24.7B | 31.6B | 35.2B | 18.3B | |
Property Plant And Equipment Gross | 103.5B | 109.7B | 114.5B | 114.6B | 119.1B | 125.1B | |
Accumulated Depreciation | 58.6B | 66.8B | 70.3B | 72.3B | 83.2B | 87.4B | |
Common Stock | 50.8B | 57.4B | 64.8B | 73.8B | 83.3B | 87.4B | |
Common Stock Total Equity | 45.2B | 50.8B | 57.4B | 64.8B | 74.6B | 78.3B | |
Other Assets | 34.0B | 38.8B | 54.4B | 54.1B | 62.2B | 65.3B | |
Long Term Debt | 98.7B | 109.1B | 99.0B | 95.3B | 85.8B | 69.4B | |
Other Liab | 50.5B | 46.1B | 43.1B | 49.1B | 56.5B | 59.3B | |
Net Tangible Assets | 90.5B | 65.3B | 63.1B | 50.7B | 58.3B | 95.6B | |
Retained Earnings Total Equity | 45.9B | 15.0B | 5.6B | (3.1B) | (2.8B) | (2.6B) |
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Is Technology Hardware, Storage & Peripherals space 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 Apple. If investors know Apple 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 Apple 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 (0.34) | Dividend Share 0.98 | Earnings Share 6.07 | Revenue Per Share 25.485 | Quarterly Revenue Growth 0.061 |
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.