Apple Goodwill and Intangible Assets vs Accumulated Other Comprehensive Income Analysis

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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 Goodwill and Intangible Assets and its Accumulated Other Comprehensive Income accounts. Please continue to Trending Equities.

Goodwill and Intangible Assets vs Accumulated Other Comprehensive Income

Accounts Relationship

Goodwill and Intangible Assets vs Accumulated Other Comprehensive Income

Significance: Strong Relationship

Goodwill and Intangible Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Goodwill and Intangible Assets account and Accumulated Other Comprehensive Income

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Goodwill and Intangible Assets

A component of [Assets] representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date; net of accumulated amortization and impairment charges.

Accumulated Other Comprehensive Income

A component of [Equity] representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources; net of tax effect; at period end. Includes foreign currency translation items; certain pension adjustments; unrealized gains and losses on certain investments in debt and equity securities.