Apollo Interest Income vs Selling General Administrative Analysis
APO Stock | USD 167.56 2.54 1.54% |
Apollo Global financial indicator trend analysis is way more than just evaluating Apollo Global Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Global Management is a good investment. Please check the relationship between Apollo Global Interest Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. 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.
Interest Income vs Selling General Administrative
Interest Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Global Management Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apollo Global's Interest Income and Selling General Administrative is 0.63. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Apollo Global Management, assuming nothing else is changed. The correlation between historical values of Apollo Global's Interest Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Apollo Global Management are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Income i.e., Apollo Global's Interest Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Selling General Administrative
Most indicators from Apollo Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Global Management 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 Apollo Global Management. 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. At this time, Apollo Global's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 619.5 M, while Sales General And Administrative To Revenue is likely to drop 0.03.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 907M | 130.5M | 145M | 151.6M | Depreciation And Amortization | 27M | 594M | 804M | 844.2M |
Apollo Global fundamental ratios Correlations
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Apollo Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apollo Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.5B | 23.7B | 30.5B | 13.8B | 313.5B | 329.2B | |
Short Long Term Debt Total | 3.6B | 14.6B | 5.8B | 3.5B | 8.1B | 5.7B | |
Other Current Liab | 1.2B | 1.5B | 2.6B | 147.7M | (208.0B) | (197.6B) | |
Total Current Liabilities | 1.4B | 1.6B | 2.9B | 3.3B | 216.4B | 227.3B | |
Total Stockholder Equity | 1.9B | 1.4B | 3.8B | 1.8B | 14.0B | 14.7B | |
Property Plant And Equipment Net | 190.7M | 375.1M | 450.5M | 590.7M | (313.5B) | (297.8B) | |
Current Deferred Revenue | 84.6M | 30.4M | 119.7M | 172.7M | 204.7B | 214.9B | |
Net Debt | 1.3B | 12.2B | 2.7B | 2.2B | (7.8B) | (7.4B) | |
Accounts Payable | 94.4M | 120.0M | 145.1M | 3.0B | 3.3B | 3.5B | |
Cash | 1.6B | 2.4B | 917.2M | 1.3B | 15.9B | 16.7B | |
Non Current Assets Total | 6.5B | 20.6B | 28.4B | 10.7B | 297.6B | 312.4B | |
Non Currrent Assets Other | 1.6B | 462.0M | 16.0B | 1.2B | 33.3B | 35.0B | |
Cash And Short Term Investments | 1.6B | 2.4B | 917.2M | 1.3B | 15.9B | 16.7B | |
Net Receivables | 417.5M | 510.6M | 493.8M | 4.8B | 8.8B | 9.2B | |
Common Stock Shares Outstanding | 208.7M | 227.5M | 236.6M | 584.7M | 588.8M | 618.2M | |
Short Term Investments | 554.4M | 817.0M | 1.7B | 5.6B | 2.2B | 2.2B | |
Liabilities And Stockholders Equity | 8.5B | 23.7B | 30.5B | 13.8B | 313.5B | 329.2B | |
Non Current Liabilities Total | 4.1B | 15.7B | 17.4B | 6.0B | 288.2B | 302.7B | |
Other Current Assets | (2.6B) | 64.3M | (4.3B) | 1.7B | (28.7B) | (27.2B) | |
Other Stockholder Equity | (545.1M) | 877.2M | 2.1B | 15.0B | 15.2B | 16.0B | |
Total Liab | 5.5B | 17.4B | 20.3B | 9.3B | 288.2B | 302.7B | |
Property Plant And Equipment Gross | 232.7M | 375.1M | 450.5M | 590.7M | 679.3M | 713.3M | |
Total Current Assets | 2.0B | 3.0B | 2.1B | 3.1B | 176.6B | 185.4B | |
Accumulated Other Comprehensive Income | (4.6M) | (2.1M) | (5.4M) | (10.3M) | (5.6B) | (5.3B) | |
Short Term Debt | 54.5M | 40.5M | 37.7M | 35M | 31M | 29.5M | |
Retained Earnings | 1.9B | 1.4B | 1.1B | (2.3B) | 3.0B | 3.1B | |
Intangible Assets | 20.6M | 23.6M | 14.8M | 179.2M | 161.3M | 169.4M | |
Other Liab | 876.2M | 12.8B | 1.8B | 228.9B | 263.3B | 276.4B | |
Other Assets | 675.1M | 15.4B | 1.1B | 79.8B | (160.7B) | (152.6B) | |
Long Term Debt | 3.5B | 5.6B | 5.7B | 2.9B | 8.1B | 8.5B | |
Property Plant Equipment | 20.0M | 232.7M | 295.1M | 450.5M | 518.1M | 544.0M | |
Inventory | 2.7B | 3.9B | 5.0B | 18.7B | 21.5B | 22.6B | |
Common Stock | 2.2K | 2.3K | 2.5K | 5.7K | 1.4B | 1.5B |
Pair Trading with Apollo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apollo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apollo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Apollo Stock
0.78 | V | Visa Class A | PairCorr |
0.66 | DHIL | Diamond Hill Investment | PairCorr |
0.89 | DIST | Distoken Acquisition | PairCorr |
0.84 | AB | AllianceBernstein | PairCorr |
0.87 | AC | Associated Capital | PairCorr |
Moving against Apollo Stock
The ability to find closely correlated positions to Apollo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apollo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apollo Global Management to buy it.
The correlation of Apollo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Global Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apollo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. 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. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Asset Management & Custody Banks 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 Apollo Global. If investors know Apollo 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 Apollo Global 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 0.174 | Dividend Share 1.818 | Earnings Share 9.47 | Revenue Per Share 54.036 | Quarterly Revenue Growth 2.851 |
The market value of Apollo Global Management is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Global's value that differs from its market value or its book value, called intrinsic value, which is Apollo Global'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 Apollo Global's market value can be influenced by many factors that don't directly affect Apollo Global'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 Apollo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Global'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.