Apple Deferred Long Term Liab vs Accounts Payable Analysis

AAPL Stock  USD 226.96  0.27  0.12%   
Apple financial indicator trend analysis is way more than just evaluating Apple Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple Inc is a good investment. Please check the relationship between Apple Deferred Long Term Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Apple's Deferred Long Term Liab and Accounts Payable is 0.53. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Apple Inc, assuming nothing else is changed. The correlation between historical values of Apple's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Apple Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Apple's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Apple obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Apple Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Apple's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apple Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is expected to rise to about 27.4 B this year, although the value of Tax Provision will most likely fall to about 18.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense2.9B3.9B4.5B4.7B
Depreciation And Amortization11.1B11.5B11.4B12.0B

Apple fundamental ratios Correlations

0.730.860.20.930.88-0.180.760.970.620.810.54-0.110.920.80.86-0.470.930.940.770.910.920.920.910.640.66
0.730.97-0.420.890.71-0.730.650.610.970.520.93-0.450.730.930.8-0.840.880.820.720.920.750.830.920.240.2
0.860.97-0.260.960.83-0.60.690.770.910.620.86-0.390.840.950.88-0.790.960.90.750.980.860.930.990.370.34
0.2-0.42-0.26-0.12-0.120.92-0.070.35-0.560.16-0.510.8-0.07-0.32-0.070.48-0.17-0.02-0.12-0.16-0.1-0.06-0.140.620.4
0.930.890.96-0.120.88-0.490.80.840.840.760.75-0.350.920.920.89-0.670.980.960.830.990.930.950.980.430.52
0.880.710.83-0.120.88-0.420.660.830.660.710.51-0.490.960.810.83-0.510.930.850.670.860.970.890.870.390.59
-0.18-0.73-0.60.92-0.49-0.42-0.37-0.01-0.84-0.15-0.740.84-0.4-0.65-0.40.68-0.52-0.39-0.43-0.52-0.43-0.4-0.50.320.15
0.760.650.69-0.070.80.66-0.370.60.640.90.52-0.310.840.690.62-0.280.80.90.990.780.80.690.690.270.65
0.970.610.770.350.840.83-0.010.60.470.690.40.030.840.70.81-0.380.840.830.610.820.840.850.840.740.6
0.620.970.91-0.560.840.66-0.840.640.470.50.92-0.580.690.910.72-0.830.830.770.710.870.710.750.850.080.18
0.810.520.620.160.760.71-0.150.90.690.50.38-0.180.840.610.56-0.180.760.890.890.740.810.720.650.310.89
0.540.930.86-0.510.750.51-0.740.520.40.920.38-0.410.520.840.59-0.780.710.670.620.810.550.710.790.00.04
-0.11-0.45-0.390.8-0.35-0.490.84-0.310.03-0.58-0.18-0.41-0.42-0.46-0.270.46-0.42-0.28-0.32-0.35-0.45-0.3-0.330.31-0.08
0.920.730.84-0.070.920.96-0.40.840.840.690.840.52-0.420.820.83-0.450.960.940.830.890.990.880.870.440.67
0.80.930.95-0.320.920.81-0.650.690.70.910.610.84-0.460.820.81-0.710.920.860.750.940.840.860.940.280.32
0.860.80.88-0.070.890.83-0.40.620.810.720.560.59-0.270.830.81-0.670.890.830.640.870.840.880.910.530.38
-0.47-0.84-0.790.48-0.67-0.510.68-0.28-0.38-0.83-0.18-0.780.46-0.45-0.71-0.67-0.64-0.54-0.35-0.7-0.49-0.66-0.75-0.140.05
0.930.880.96-0.170.980.93-0.520.80.840.830.760.71-0.420.960.920.89-0.640.960.820.980.970.940.970.420.53
0.940.820.9-0.020.960.85-0.390.90.830.770.890.67-0.280.940.860.83-0.540.960.920.950.930.910.910.430.67
0.770.720.75-0.120.830.67-0.430.990.610.710.890.62-0.320.830.750.64-0.350.820.920.820.80.730.740.250.62
0.910.920.98-0.160.990.86-0.520.780.820.870.740.81-0.350.890.940.87-0.70.980.950.820.910.950.980.40.48
0.920.750.86-0.10.930.97-0.430.80.840.710.810.55-0.450.990.840.84-0.490.970.930.80.910.910.890.390.65
0.920.830.93-0.060.950.89-0.40.690.850.750.720.71-0.30.880.860.88-0.660.940.910.730.950.910.950.40.53
0.910.920.99-0.140.980.87-0.50.690.840.850.650.79-0.330.870.940.91-0.750.970.910.740.980.890.950.450.4
0.640.240.370.620.430.390.320.270.740.080.310.00.310.440.280.53-0.140.420.430.250.40.390.40.450.38
0.660.20.340.40.520.590.150.650.60.180.890.04-0.080.670.320.380.050.530.670.620.480.650.530.40.38
Click cells to compare fundamentals

Apple Account Relationship Matchups

Apple fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets323.9B351.0B352.8B352.6B365.0B383.2B
Other Current Liab42.7B47.5B60.8B58.8B78.3B82.2B
Total Current Liabilities105.4B125.5B154.0B145.3B176.4B185.2B
Total Stockholder Equity65.3B63.1B50.7B62.1B57.0B40.8B
Property Plant And Equipment Net36.8B39.4B42.1B43.7B45.7B48.0B
Net Debt74.4B89.8B96.4B81.1B76.7B80.5B
Retained Earnings15.0B5.6B(3.1B)(214M)(19.2B)(18.2B)
Cash38.0B34.9B23.6B30.0B29.9B31.4B
Non Current Assets Total180.2B216.2B217.4B209.0B212.0B222.6B
Non Currrent Assets Other42.5B48.8B54.4B64.8B74.8B78.6B
Cash And Short Term Investments90.9B62.6B48.3B61.6B65.2B68.4B
Net Receivables16.1B26.3B28.2B29.5B66.2B69.6B
Common Stock Shares Outstanding17.5B16.9B16.3B15.8B15.4B20.9B
Liabilities And Stockholders Equity323.9B351.0B352.8B352.6B365.0B383.2B
Non Current Liabilities Total153.2B162.4B148.1B145.1B131.6B138.2B
Inventory4.1B6.6B4.9B6.3B7.3B7.7B
Other Current Assets11.3B14.1B21.2B14.7B14.3B15.0B
Other Stockholder Equity(406M)163M(11.1B)(11.5B)(10.3B)(9.8B)
Total Liab258.5B287.9B302.1B290.4B308.0B323.4B
Total Current Assets143.7B134.8B135.4B143.6B153.0B160.6B
Accumulated Other Comprehensive Income(406M)163M(11.1B)(11.5B)(7.2B)(6.8B)
Cash And Equivalents38.0B34.9B23.6B30.0B34.5B36.2B
Property Plant Equipment36.8B39.4B42.1B43.7B50.3B52.8B
Short Long Term Debt Total112.4B124.7B120.9B111.9B106.6B112.0B
Short Term Debt13.8B15.6B21.1B15.8B20.9B21.9B
Accounts Payable42.3B54.8B64.1B62.6B69.0B72.4B
Current Deferred Revenue6.6B7.6B7.9B8.1B8.2B4.7B
Short Term Investments52.9B27.7B24.7B31.6B35.2B18.3B
Property Plant And Equipment Gross103.5B109.7B114.5B114.6B119.1B125.1B
Accumulated Depreciation58.6B66.8B70.3B72.3B83.2B87.4B
Common Stock50.8B57.4B64.8B73.8B83.3B87.4B
Common Stock Total Equity45.2B50.8B57.4B64.8B74.6B78.3B
Other Assets34.0B38.8B54.4B54.1B62.2B65.3B
Long Term Debt98.7B109.1B99.0B95.3B85.8B69.4B
Other Liab50.5B46.1B43.1B49.1B56.5B59.3B
Net Tangible Assets90.5B65.3B63.1B50.7B58.3B95.6B
Retained Earnings Total Equity45.9B15.0B5.6B(3.1B)(2.8B)(2.6B)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.98
Earnings Share
6.08
Revenue Per Share
25.485
Quarterly Revenue Growth
0.061
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.