Apple Trade and Non Trade Payables vs Debt Non Current Analysis

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

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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 Trade and Non Trade Payables and its Debt Non Current accounts. Please continue to Trending Equities.

Trade and Non Trade Payables vs Debt Non Current

Accounts Relationship

Trade and Non Trade Payables vs Debt Non Current

Significance: Strong Relationship

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

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Trade and Non Trade Payables

A component of [Liabilities] representing trade and non-trade payables.

Debt Non Current

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