Apple Inventories vs Liabilities Non Current 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 Inventories and its Liabilities Non Current accounts. Please continue to Trending Equities.

Inventories vs Liabilities Non Current

Accounts Relationship

Inventories vs Liabilities Non Current

Significance: Very Strong Relationship

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

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Inventories

Liabilities Non Current

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