Apple Accumulated Other Comprehensive Income vs Accounts Payable Analysis

AAPL Stock  USD 171.48  1.83  1.06%   
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 Accumulated Other Comprehensive Income and its Accounts Payable 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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Accumulated Other Comprehensive Income vs Accounts Payable

Accumulated Other Comprehensive Income vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Accumulated Other Comprehensive Income account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Apple's Accumulated Other Comprehensive Income and Accounts Payable is -0.75. Overlapping area represents the amount of variation of Accumulated Other Comprehensive Income that can explain the historical movement of Accounts Payable 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 Accumulated Other Comprehensive Income and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Other Comprehensive Income of Apple Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Accumulated Other Comprehensive Income i.e., Apple's Accumulated Other Comprehensive Income and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Accounts Payable

An accounting item on the balance sheet that represents Apple obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Apple Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Apple's Selling General Administrative is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 20.85 this year, although the value of Tax Provision will most likely fall to about 12 B.
 2021 2022 2023 2024 (projected)
Interest Expense2.9B3.9B4.5B4.7B
Depreciation And Amortization11.1B11.5B13.2B13.9B

Apple fundamental ratios Correlations

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0.910.97-0.210.980.9-0.550.750.840.90.660.99-0.340.930.950.95-0.780.980.920.750.980.920.910.990.980.96
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0.940.940.98-0.130.9-0.480.820.860.870.770.97-0.290.950.940.91-0.70.980.970.821.00.950.930.980.980.96
0.890.810.9-0.150.9-0.470.690.850.740.720.84-0.470.960.870.85-0.570.950.870.690.90.980.930.90.910.89
-0.2-0.68-0.550.91-0.48-0.47-0.41-0.05-0.8-0.17-0.550.85-0.47-0.6-0.440.65-0.51-0.38-0.41-0.48-0.47-0.33-0.47-0.62-0.68
0.780.740.75-0.10.820.69-0.410.640.710.910.75-0.290.850.750.66-0.350.820.911.00.820.820.720.730.840.83
0.970.710.840.30.860.85-0.050.640.550.70.810.050.860.770.83-0.450.870.850.640.860.850.880.880.790.74
0.680.970.9-0.530.870.74-0.80.710.550.540.91-0.520.790.910.79-0.830.860.80.710.870.780.70.860.930.94
0.810.590.660.140.770.72-0.170.910.70.540.63-0.170.840.640.58-0.220.770.90.910.770.820.750.670.750.73
0.880.970.99-0.230.970.84-0.550.750.810.910.63-0.310.890.940.93-0.810.950.910.750.970.880.870.990.960.95
-0.08-0.41-0.340.79-0.29-0.470.85-0.290.05-0.52-0.17-0.31-0.4-0.4-0.240.4-0.38-0.24-0.29-0.29-0.43-0.29-0.27-0.43-0.49
0.940.870.93-0.120.950.96-0.470.850.860.790.840.89-0.40.90.86-0.550.980.960.850.950.990.920.920.960.95
0.850.940.95-0.290.940.87-0.60.750.770.910.640.94-0.40.90.87-0.710.940.880.750.940.890.820.940.950.95
0.870.90.95-0.110.910.85-0.440.660.830.790.580.93-0.240.860.87-0.740.910.860.660.910.860.90.940.90.88
-0.52-0.84-0.780.45-0.7-0.570.65-0.35-0.45-0.83-0.22-0.810.4-0.55-0.71-0.74-0.67-0.57-0.35-0.7-0.56-0.6-0.76-0.71-0.72
0.940.930.98-0.170.980.95-0.510.820.870.860.770.95-0.380.980.940.91-0.670.960.820.980.980.930.970.990.97
0.950.870.92-0.030.970.87-0.380.910.850.80.90.91-0.240.960.880.86-0.570.960.910.970.940.910.920.950.93
0.780.740.75-0.10.820.69-0.411.00.640.710.910.75-0.290.850.750.66-0.350.820.910.820.820.720.730.840.83
0.940.940.98-0.131.00.9-0.480.820.860.870.770.97-0.290.950.940.91-0.70.980.970.820.950.930.980.980.96
0.930.850.92-0.130.950.98-0.470.820.850.780.820.88-0.430.990.890.86-0.560.980.940.820.950.940.920.950.93
0.920.80.910.00.930.93-0.330.720.880.70.750.87-0.290.920.820.9-0.60.930.910.720.930.940.920.890.85
0.930.940.99-0.130.980.9-0.470.730.880.860.670.99-0.270.920.940.94-0.760.970.920.730.980.920.920.960.94
0.890.970.98-0.280.980.91-0.620.840.790.930.750.96-0.430.960.950.9-0.710.990.950.840.980.950.890.961.0
0.850.970.96-0.360.960.89-0.680.830.740.940.730.95-0.490.950.950.88-0.720.970.930.830.960.930.850.941.0
Click cells to compare fundamentals

Apple Account Relationship Matchups

Apple fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets323.9B351.0B352.8B352.6B405.5B425.7B
Other Current Liab42.7B47.5B60.8B58.8B67.7B71.0B
Total Current Liabilities105.4B125.5B154.0B145.3B167.1B175.5B
Total Stockholder Equity65.3B63.1B50.7B62.1B71.5B40.2B
Property Plant And Equipment Net36.8B39.4B42.1B43.7B50.3B52.8B
Net Debt74.4B89.8B96.4B81.1B93.3B98.0B
Retained Earnings15.0B5.6B(3.1B)(214M)(246.1M)(233.8M)
Cash38.0B34.9B23.6B30.0B34.5B36.2B
Non Current Assets Total180.2B216.2B217.4B209.0B240.4B252.4B
Non Currrent Assets Other42.5B48.8B54.4B64.8B74.5B78.2B
Cash And Short Term Investments90.9B62.6B48.3B61.6B70.8B74.3B
Net Receivables37.4B51.5B60.9B61.0B70.1B73.6B
Common Stock Shares Outstanding17.5B16.9B16.3B15.8B18.2B21.0B
Liabilities And Stockholders Equity323.9B351.0B352.8B352.6B405.5B425.7B
Non Current Liabilities Total153.2B162.4B148.1B145.1B166.9B175.2B
Inventory4.1B6.6B4.9B6.3B7.3B7.6B
Other Current Assets11.3B14.1B21.2B14.7B16.9B17.7B
Other Stockholder Equity(406M)163M(11.1B)(11.5B)(10.3B)(9.8B)
Total Liab258.5B287.9B302.1B290.4B334.0B350.7B
Total Current Assets143.7B134.8B135.4B143.6B165.1B173.4B
Accumulated Other Comprehensive Income(406M)163M(11.1B)(11.5B)(10.3B)(9.8B)
Cash And Equivalents38.0B34.9B23.6B30.0B34.5B36.2B
Property Plant Equipment36.8B39.4B42.1B43.7B50.3B52.8B
Short Long Term Debt Total112.4B124.7B120.1B111.1B127.8B134.1B
Short Term Debt13.8B15.6B21.1B15.8B18.2B19.1B
Accounts Payable42.3B54.8B64.1B62.6B72.0B75.6B
Property Plant And Equipment Gross103.5B109.7B114.5B114.6B131.8B138.4B
Accumulated Depreciation58.6B66.8B70.3B72.3B83.2B87.4B
Common Stock Total Equity45.2B50.8B57.4B64.8B74.6B78.3B
Short Term Investments52.9B27.7B24.7B31.6B36.3B18.2B
Common Stock50.8B57.4B64.8B73.8B84.9B89.1B
Other Assets34.0B38.8B54.4B54.1B62.2B65.3B
Long Term Debt98.7B109.1B99.0B95.3B109.6B67.6B
Current Deferred Revenue6.6B7.6B7.9B8.1B9.3B5.5B
Other Liab50.5B46.1B43.1B49.1B56.5B59.3B
Net Tangible Assets90.5B65.3B63.1B50.7B58.3B95.6B
Retained Earnings Total Equity45.9B15.0B5.6B(3.1B)(2.8B)(2.6B)

Pair Trading with Apple

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 Apple 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 Apple will appreciate offsetting losses from the drop in the long position's value.

Moving against Apple Stock

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The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple 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 Apple - 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 Apple Inc to buy it.
The correlation of Apple 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 Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc 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 Apple 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.
Pair CorrelationCorrelation Matching
When determining whether Apple Inc is a strong investment it is important to analyze Apple'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'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 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is Apple's industry 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
0.16
Dividend Share
0.95
Earnings Share
6.43
Revenue Per Share
24.648
Quarterly Revenue Growth
0.021
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.