Apple Goodwill and Intangible Assets vs Total Liabilities 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 Total Liabilities accounts. Please continue to Trending Equities.

Goodwill and Intangible Assets vs Total Liabilities

Accounts Relationship

Goodwill and Intangible Assets vs Total Liabilities

Significance: Weak 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 Total Liabilities

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Liabilities

Deferred Income Tax is recorded on Apple balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Apple books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables];[Deposits]; and [TaxLiabilities].