Apple Total Assets vs Investments Non Current 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 Total Assets and its Investments Non Current accounts. Please continue to Trending Equities.

Total Assets vs Investments Non Current

Accounts Relationship

Total Assets vs Investments Non Current

Significance: Strong Relationship

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

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Apple assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Apple books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are [CashnEq]; [Investments];[Intangibles]; [PPNENet];[TaxAssets] and [Receivables].

Investments Non Current

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