Apple Current Liabilities vs Total Debt 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 Current Liabilities and its Total Debt accounts. Please continue to Trending Equities.

Current Liabilities vs Total Debt

Accounts Relationship

Current Liabilities vs Total Debt

Significance: Strong Relationship

Current Liabilities diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Current Liabilities account and Total Debt

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Liabilities

The current portion of [Liabilities]; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Total Debt

Total Debt of Apple is a combination of both Apple short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Apple includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of [Liabilities] representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; and convertible notes.