Apple Current Liabilities vs Trade and Non Trade Receivables 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 Trade and Non Trade Receivables accounts. Please continue to Trending Equities.

Current Liabilities vs Trade and Non Trade Receivables

Accounts Relationship

Current Liabilities vs Trade and Non Trade Receivables

Significance: Almost Identical Trend

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

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Liabilities

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

Trade and Non Trade Receivables

A component of [Assets] representing trade and non-trade receivables.