Apple Invested Capital Average vs Free Cash Flow Analysis

Invested Capital Average vs Free Cash Flow

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital, and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.
Accounts Relationship
Invested Capital Average vs Free Cash Flow

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Inc Invested Capital Average account and Free Cash Flow

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong