Apple Liabilities Non Current vs Current Assets Analysis

<div class='circular--portrait' style='background:#000000;color: white;font-size:3em;padding-top: 35px;;'>AAP</div>
AAPL -- USA Stock  

 Earnings Call  This Week

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 Liabilities Non Current and its Current Assets accounts. Please continue to Trending Equities.

Liabilities Non Current vs Current Assets

Accounts Relationship

Liabilities Non Current vs Current Assets

Significance: Almost Identical Trend

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

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Current Assets

Current assets of Apple include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Apple. The current portion of [Assets]; reported if a company operates a classified balance sheet that segments current and non-current assets.