Apple Debt Non Current vs Inventory 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 Inventory accounts. Please continue to Trending Equities.

Debt Non Current vs Inventory

Accounts Relationship

Debt Non Current vs Inventory

Significance: Almost Identical Trend

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 Inventory

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Inventory

A component of [Assets] representing the amount after valuation and reserves of inventory expected to be sold; or consumed within one year or operating cycle; if longer.