Apple Debt Non Current vs Cash and Equivalents 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 Debt Non Current and its Cash and Equivalents accounts. Please continue to Trending Equities.

Debt Non Current vs Cash and Equivalents

Accounts Relationship

Debt Non Current vs Cash and Equivalents

Significance: Fragmental Relationship

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

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Debt Non Current

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

Cash and Equivalents

A component of [Assets] representing the amount of currency on hand as well as demand deposits with banks or financial institutions.