Apple Total Current Assets vs Long Term Investments Analysis
APLE Stock | USD 15.74 0.37 2.41% |
Apple Hospitality financial indicator trend analysis is way more than just evaluating Apple Hospitality REIT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple Hospitality REIT is a good investment. Please check the relationship between Apple Hospitality Total Current Assets and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Current Assets vs Long Term Investments
Total Current Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Hospitality REIT Total Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Apple Hospitality's Total Current Assets and Long Term Investments is 0.18. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Apple Hospitality REIT, assuming nothing else is changed. The correlation between historical values of Apple Hospitality's Total Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Apple Hospitality REIT are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Assets i.e., Apple Hospitality's Total Current Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Long Term Investments
Long Term Investments is an item on the asset side of Apple Hospitality balance sheet that represents investments Apple Hospitality REIT intends to hold for over a year. Apple Hospitality REIT long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Apple Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apple Hospitality REIT 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 Hospitality REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Apple Hospitality's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 260.7 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 11.52.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 67.7M | 59.7M | 68.9M | 37.5M | Depreciation And Amortization | 839.7M | 1.0B | 183.2M | 267.4M |
Apple Hospitality fundamental ratios Correlations
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Apple Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apple Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 4.8B | 4.8B | 4.8B | 4.9B | 3.7B | |
Short Long Term Debt Total | 1.5B | 1.7B | 1.6B | 1.5B | 1.5B | 1.0B | |
Total Current Liabilities | 114.4M | 97.9M | 92.7M | 116.1M | 111.9M | 156.4M | |
Total Stockholder Equity | 3.3B | 3.0B | 3.1B | 3.2B | 3.3B | 2.7B | |
Property Plant And Equipment Net | 28.3M | 27.3M | 27.1M | 26.3M | 25.4M | 24.1M | |
Net Debt | 1.8B | 1.7B | 1.5B | 1.5B | 1.5B | 936.9M | |
Retained Earnings | (1.2B) | (1.4B) | (1.4B) | (1.4B) | (1.5B) | (1.4B) | |
Accounts Payable | 114.4M | 97.9M | 92.7M | 116.1M | 129.9M | 79.1M | |
Cash | (216.6M) | 5.6M | 3.3M | 4.1M | 10.3M | 9.8M | |
Non Current Assets Total | 4.9B | 4.8B | 4.7B | 4.7B | 4.8B | 3.6B | |
Non Currrent Assets Other | (102.0M) | (89.1M) | 4.7B | 4.6B | 4.8B | 5.1B | |
Other Assets | 9.3M | 4.8B | 4.8B | 48.2M | 2.3M | 2.2M | |
Cash And Short Term Investments | (216.6M) | 5.6M | 3.3M | 4.1M | 10.3M | 9.8M | |
Net Receivables | 26.9M | 22.1M | 40.1M | 43.3M | 36.9M | 26.5M | |
Common Stock Total Equity | 4.5B | 4.5B | 4.6B | 4.6B | 5.3B | 3.5B | |
Common Stock Shares Outstanding | 223.9M | 223.5M | 226.4M | 228.9M | 229.3M | 195.6M | |
Liabilities And Stockholders Equity | 4.9B | 4.8B | 4.8B | 4.8B | 4.9B | 3.7B | |
Non Current Liabilities Total | 1.5B | 1.7B | 1.6B | 1.5B | 1.5B | 893.4M | |
Other Current Assets | (62.1M) | 34.1M | 36.7M | 39.4M | 48.6M | 51.0M | |
Other Stockholder Equity | 1.2B | 1.4B | 1.4B | 1.4B | (1.0) | (0.95) | |
Total Liab | 1.7B | 1.8B | 1.6B | 1.6B | 1.6B | 1.0B | |
Total Current Assets | 73.7M | 61.8M | 80.0M | 86.8M | 95.3M | 81.6M | |
Accumulated Other Comprehensive Income | (4.7M) | (42.8M) | (15.5M) | 36.9M | 20.4M | 21.4M | |
Short Term Debt | 50.9M | 105.8M | 76M | 112.0M | 120.9M | 171.2M | |
Common Stock | 4.5B | 4.5B | 4.6B | 4.6B | 4.8B | 3.6B | |
Other Current Liab | (50.9M) | (105.8M) | 19.1M | (4.1M) | (138.9M) | (145.8M) | |
Net Tangible Assets | 3.3B | 3.0B | 3.1B | 3.2B | 3.7B | 3.0B | |
Long Term Debt | 1.3B | 1.5B | 1.4B | 1.4B | 1.4B | 1.0B | |
Retained Earnings Total Equity | (1.2B) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | (1.4B) | |
Short Term Investments | 9.7M | 14K | 79K | 36.9M | 22.7M | 15.8M | |
Long Term Debt Total | 1.3B | 1.5B | 1.4B | 1.4B | 1.6B | 1.0B | |
Inventory | 63.1M | 325.5M | 90.9M | 117.0M | 134.5M | 141.2M | |
Deferred Long Term Liab | 2.6M | 2.1M | 1M | 4.8M | 5.5M | 5.8M | |
Property Plant Equipment | 4.8B | 4.7B | 4.7B | 4.6B | 5.3B | 4.1B | |
Short Long Term Debt | 268.8M | 50.9M | 105.8M | 76M | 68.4M | 65.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Hotel & Resort REITs 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 Hospitality. 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 Hospitality 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 (0.09) | Dividend Share 0.96 | Earnings Share 0.85 | Revenue Per Share 5.909 | Quarterly Revenue Growth 0.057 |
The market value of Apple Hospitality REIT 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 Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality'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 Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality'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 Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality'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.