Apple Free Cash Flow Per Share vs Ev To Sales Analysis
AAPL Stock | USD 183.38 10.35 5.98% |
Apple financial indicator trend analysis is way more than just evaluating Apple Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple Inc is a good investment. Please check the relationship between Apple Free Cash Flow Per Share and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Free Cash Flow Per Share vs Ev To Sales
Free Cash Flow Per Share vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Free Cash Flow Per Share account and Ev To Sales. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Apple's Free Cash Flow Per Share and Ev To Sales is -0.59. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Apple Inc, assuming nothing else is changed. The correlation between historical values of Apple's Free Cash Flow Per Share and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Apple Inc are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Per Share i.e., Apple's Free Cash Flow Per Share and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Apple's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apple Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Apple's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 20.94 this year, although the value of Tax Provision will most likely fall to about 12 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9B | 3.9B | 4.5B | 4.7B | Depreciation And Amortization | 11.1B | 11.5B | 13.2B | 13.9B |
Apple fundamental ratios Correlations
Click cells to compare fundamentals
Apple Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apple fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 323.9B | 351.0B | 352.8B | 352.6B | 405.5B | 425.7B | |
Other Current Liab | 42.7B | 47.5B | 60.8B | 58.8B | 67.7B | 71.0B | |
Total Current Liabilities | 105.4B | 125.5B | 154.0B | 145.3B | 167.1B | 175.5B | |
Total Stockholder Equity | 65.3B | 63.1B | 50.7B | 62.1B | 71.5B | 40.2B | |
Property Plant And Equipment Net | 36.8B | 39.4B | 42.1B | 43.7B | 50.3B | 52.8B | |
Net Debt | 74.4B | 89.8B | 96.4B | 81.1B | 93.3B | 98.0B | |
Retained Earnings | 15.0B | 5.6B | (3.1B) | (214M) | (246.1M) | (233.8M) | |
Cash | 38.0B | 34.9B | 23.6B | 30.0B | 34.5B | 36.2B | |
Non Current Assets Total | 180.2B | 216.2B | 217.4B | 209.0B | 240.4B | 252.4B | |
Non Currrent Assets Other | 42.5B | 48.8B | 54.4B | 64.8B | 74.5B | 78.2B | |
Cash And Short Term Investments | 90.9B | 62.6B | 48.3B | 61.6B | 70.8B | 74.3B | |
Net Receivables | 37.4B | 51.5B | 60.9B | 61.0B | 70.1B | 73.6B | |
Common Stock Shares Outstanding | 17.5B | 16.9B | 16.3B | 15.8B | 18.2B | 21.0B | |
Liabilities And Stockholders Equity | 323.9B | 351.0B | 352.8B | 352.6B | 405.5B | 425.7B | |
Non Current Liabilities Total | 153.2B | 162.4B | 148.1B | 145.1B | 166.9B | 175.2B | |
Inventory | 4.1B | 6.6B | 4.9B | 6.3B | 7.3B | 7.6B | |
Other Current Assets | 11.3B | 14.1B | 21.2B | 14.7B | 16.9B | 17.7B | |
Other Stockholder Equity | (406M) | 163M | (11.1B) | (11.5B) | (10.3B) | (9.8B) | |
Total Liab | 258.5B | 287.9B | 302.1B | 290.4B | 334.0B | 350.7B | |
Total Current Assets | 143.7B | 134.8B | 135.4B | 143.6B | 165.1B | 173.4B | |
Accumulated Other Comprehensive Income | (406M) | 163M | (11.1B) | (11.5B) | (10.3B) | (9.8B) | |
Cash And Equivalents | 38.0B | 34.9B | 23.6B | 30.0B | 34.5B | 36.2B | |
Property Plant Equipment | 36.8B | 39.4B | 42.1B | 43.7B | 50.3B | 52.8B | |
Short Long Term Debt Total | 112.4B | 124.7B | 120.1B | 111.1B | 127.8B | 134.1B | |
Short Term Debt | 13.8B | 15.6B | 21.1B | 15.8B | 18.2B | 19.1B | |
Accounts Payable | 42.3B | 54.8B | 64.1B | 62.6B | 72.0B | 75.6B | |
Property Plant And Equipment Gross | 103.5B | 109.7B | 114.5B | 114.6B | 131.8B | 138.4B | |
Accumulated Depreciation | 58.6B | 66.8B | 70.3B | 72.3B | 83.2B | 87.4B | |
Common Stock Total Equity | 45.2B | 50.8B | 57.4B | 64.8B | 74.6B | 78.3B | |
Short Term Investments | 52.9B | 27.7B | 24.7B | 31.6B | 36.3B | 18.2B | |
Common Stock | 50.8B | 57.4B | 64.8B | 73.8B | 84.9B | 89.1B | |
Other Assets | 34.0B | 38.8B | 54.4B | 54.1B | 62.2B | 65.3B | |
Long Term Debt | 98.7B | 109.1B | 99.0B | 95.3B | 109.6B | 67.6B | |
Current Deferred Revenue | 6.6B | 7.6B | 7.9B | 8.1B | 9.3B | 5.5B | |
Other Liab | 50.5B | 46.1B | 43.1B | 49.1B | 56.5B | 59.3B | |
Net Tangible Assets | 90.5B | 65.3B | 63.1B | 50.7B | 58.3B | 95.6B | |
Retained Earnings Total Equity | 45.9B | 15.0B | 5.6B | (3.1B) | (2.8B) | (2.6B) |
Apple Investors Sentiment
The influence of Apple's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Apple. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Apple's public news can be used to forecast risks associated with an investment in Apple. The trend in average sentiment can be used to explain how an investor holding Apple can time the market purely based on public headlines and social activities around Apple Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Apple's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Apple's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Apple's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Apple.
Apple Implied Volatility | 96.81 |
Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apple in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apple's short interest history, or implied volatility extrapolated from Apple options trading.
Pair Trading with Apple
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.Moving together with Apple Stock
0.82 | LPL | LG Display Financial Report 20th of May 2024 | PairCorr |
Moving against Apple Stock
0.72 | GB | Global Blue Group | PairCorr |
0.6 | RCAT | Red Cat Holdings | PairCorr |
0.56 | SQ | Block Inc | PairCorr |
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Apple Stock analysis
When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.16 | Dividend Share 0.95 | Earnings Share 6.44 | Revenue Per Share 24.648 | Quarterly Revenue Growth 0.021 |
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.