Apple Deferred Revenue vs Current Liabilities Analysis

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AAPL -- USA Stock  

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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 Deferred Revenue and its Current Liabilities accounts. Please continue to Trending Equities.

Deferred Revenue vs Current Liabilities

Accounts Relationship

Deferred Revenue vs Current Liabilities

Significance: Weak Contrarian Relationship

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

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Revenue

A component of [Liabilities] representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.

Current Liabilities

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