Apple Tax Assets vs Deferred Revenue 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 Tax Assets and its Deferred Revenue accounts. Please continue to Trending Equities.

Tax Assets vs Deferred Revenue

Accounts Relationship

Tax Assets vs Deferred Revenue

Significance: Strong Relationship

Tax Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Tax Assets account and Deferred Revenue

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Assets

A component of [Assets] representing tax assets and receivables.

Deferred Revenue

A component of [Liabilities] representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.