Apple Accumulated Other Comprehensive Income vs Current Assets Analysis

<div class='logoBackup' style='background:#000000;color: white;font-size:3em;;'>AAP</div>
AAPL -- USA Stock  

Buyout Trend

Apple financial indicator trend analysis is way more than just evaluating Apple prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple is a good investment. Please check the relationship between Apple Accumulated Other Comprehensive Income and its Current Assets accounts. Please continue to Trending Equities.

Accumulated Other Comprehensive Income vs Current Assets

Accounts Relationship

Accumulated Other Comprehensive Income vs Current Assets

Significance: Pay attention

Accumulated Other Comprehensive Income diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Accumulated Other Comprehensive Income account and Current Assets

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Other Comprehensive Income

A component of [Equity] representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources; net of tax effect; at period end. Includes foreign currency translation items; certain pension adjustments; unrealized gains and losses on certain investments in debt and equity securities.

Current Assets

Current assets of Apple include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Apple. The current portion of [Assets]; reported if a company operates a classified balance sheet that segments current and non-current assets.