APTV Stock | | | USD 55.52 0.24 0.43% |
Aptiv PLC financial indicator trend analysis is way more than just evaluating Aptiv PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptiv PLC is a good investment. Please check the relationship between Aptiv PLC Other Operating Expenses and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptiv PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
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How to Invest in Aptiv PLC guide.
Other Operating Expenses vs Depreciation And Amortization
Other Operating Expenses vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aptiv PLC Other Operating Expenses account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aptiv PLC's Other Operating Expenses and Depreciation And Amortization is 0.43. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Aptiv PLC, assuming nothing else is changed. The correlation between historical values of Aptiv PLC's Other Operating Expenses and Depreciation And Amortization 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 Aptiv PLC are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Other Operating Expenses i.e., Aptiv PLC's Other Operating Expenses and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aptiv PLC. It is also known as Aptiv PLC 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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Aptiv PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptiv PLC 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 Aptiv PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Aptiv Stock please use our
How to Invest in Aptiv PLC guide.
Selling General Administrative is likely to drop to about 982.8
M in 2024.
Discontinued Operations is likely to drop to about 221.9
M in 2024
Aptiv PLC fundamental ratios Correlations
Click cells to compare fundamentals
Aptiv PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aptiv PLC fundamental ratios Accounts
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Additional Tools for Aptiv Stock Analysis
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measure Aptiv PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aptiv PLC is operating at the current time. Most of Aptiv PLC's value examination focuses on studying past and present price action to
predict the probability of Aptiv PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptiv PLC's price. Additionally, you may evaluate how the addition of Aptiv PLC to your portfolios can decrease your overall portfolio volatility.