Apple Shareholders Equity vs Inventories Analysis

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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 Shareholders Equity and its Inventories accounts. Please continue to Trending Equities.

Shareholders Equity vs Inventories

Accounts Relationship

Shareholders Equity vs Inventories

Significance: No Relationship

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

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Shareholders Equity

A principal component of the balance sheet; in addition to [Liabilities] and [Assets]; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Inventories