Apple Property Plant and Equipment Net vs Assets 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 Property Plant and Equipment Net and its Assets Non Current accounts. Please continue to Trending Equities.

Property Plant and Equipment Net vs Assets Non Current

Accounts Relationship

Property Plant and Equipment Net vs Assets Non Current

Significance: Strong Relationship

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

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant and Equipment Net

A component of [Assets] representing the amount after accumulated depreciation; depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.

Assets Non Current

Amount of non-current assets; for companies that operate a classified balance sheet. Calculated as the different between Total Assets [Assets] and Current Assets [AssetsC].