Apple Revenue to Assets vs Calculated Tax Rate Analysis

AAPL Stock  USD 173.72  1.10  0.64%   
Trend analysis of Apple Inc balance sheet accounts such as Other Current Liab of 71 B, Total Current Liabilities of 175.5 B or Total Stockholder Equity of 40.2 B provides information on Apple's total assets, liabilities, and equity, which is the actual value of Apple Inc to its prevalent stockholders. By breaking down trends over time using Apple balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Apple Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Apple Inc at a specified time, usually calculated after every quarter, six months, or one year. Apple Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Apple and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Apple currently owns. An asset can also be divided into two categories, current and non-current.

Apple Balance Sheet Chart

Apple Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Apple Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Apple's Cash is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 252.4 B this year, although the value of Retained Earnings are projected to rise to (233.8 M).

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 Inc 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. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Apple balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Apple Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Apple's Selling General Administrative is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 20.94 this year, although the value of Tax Provision will most likely fall to about 12 B.
 2021 2022 2023 2024 (projected)
Interest Expense2.9B3.9B4.5B4.7B
Depreciation And Amortization11.1B11.5B13.2B13.9B

Apple fundamental ratios Correlations

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0.890.810.9-0.150.9-0.470.690.850.740.720.84-0.470.960.870.85-0.570.950.870.690.90.980.930.90.910.89
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-0.52-0.84-0.780.45-0.7-0.570.65-0.35-0.45-0.83-0.22-0.810.4-0.55-0.71-0.74-0.67-0.57-0.35-0.7-0.56-0.6-0.76-0.71-0.72
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0.850.970.96-0.360.960.89-0.680.830.740.940.730.95-0.490.950.950.88-0.720.970.930.830.960.930.850.941.0
Click cells to compare fundamentals

Apple Account Relationship Matchups

Apple fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets323.9B351.0B352.8B352.6B405.5B425.7B
Other Current Liab42.7B47.5B60.8B58.8B67.7B71.0B
Total Current Liabilities105.4B125.5B154.0B145.3B167.1B175.5B
Total Stockholder Equity65.3B63.1B50.7B62.1B71.5B40.2B
Property Plant And Equipment Net36.8B39.4B42.1B43.7B50.3B52.8B
Net Debt74.4B89.8B96.4B81.1B93.3B98.0B
Retained Earnings15.0B5.6B(3.1B)(214M)(246.1M)(233.8M)
Cash38.0B34.9B23.6B30.0B34.5B36.2B
Non Current Assets Total180.2B216.2B217.4B209.0B240.4B252.4B
Non Currrent Assets Other42.5B48.8B54.4B64.8B74.5B78.2B
Cash And Short Term Investments90.9B62.6B48.3B61.6B70.8B74.3B
Net Receivables37.4B51.5B60.9B61.0B70.1B73.6B
Common Stock Shares Outstanding17.5B16.9B16.3B15.8B18.2B21.0B
Liabilities And Stockholders Equity323.9B351.0B352.8B352.6B405.5B425.7B
Non Current Liabilities Total153.2B162.4B148.1B145.1B166.9B175.2B
Inventory4.1B6.6B4.9B6.3B7.3B7.6B
Other Current Assets11.3B14.1B21.2B14.7B16.9B17.7B
Other Stockholder Equity(406M)163M(11.1B)(11.5B)(10.3B)(9.8B)
Total Liab258.5B287.9B302.1B290.4B334.0B350.7B
Total Current Assets143.7B134.8B135.4B143.6B165.1B173.4B
Accumulated Other Comprehensive Income(406M)163M(11.1B)(11.5B)(10.3B)(9.8B)
Cash And Equivalents38.0B34.9B23.6B30.0B34.5B36.2B
Property Plant Equipment36.8B39.4B42.1B43.7B50.3B52.8B
Short Long Term Debt Total112.4B124.7B120.1B111.1B127.8B134.1B
Short Term Debt13.8B15.6B21.1B15.8B18.2B19.1B
Accounts Payable42.3B54.8B64.1B62.6B72.0B75.6B
Property Plant And Equipment Gross103.5B109.7B114.5B114.6B131.8B138.4B
Accumulated Depreciation58.6B66.8B70.3B72.3B83.2B87.4B
Common Stock Total Equity45.2B50.8B57.4B64.8B74.6B78.3B
Short Term Investments52.9B27.7B24.7B31.6B36.3B18.2B
Common Stock50.8B57.4B64.8B73.8B84.9B89.1B
Other Assets34.0B38.8B54.4B54.1B62.2B65.3B
Long Term Debt98.7B109.1B99.0B95.3B109.6B67.6B
Current Deferred Revenue6.6B7.6B7.9B8.1B9.3B5.5B
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)

Pair Trading with Apple

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apple Stock

  0.68KE Kimball Electronics Financial Report 2nd of May 2024 PairCorr

Moving against Apple Stock

  0.71NTNX Nutanix Report 22nd of May 2024 PairCorr
  0.66MU Micron Technology Earnings Call This WeekPairCorr
  0.66IBM International Business Fiscal Quarter End 31st of March 2024 PairCorr
  0.66MAPSW WM TechnologyPairCorr
  0.54MSFT Microsoft Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry 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
0.16
Dividend Share
0.95
Earnings Share
6.44
Revenue Per Share
24.648
Quarterly Revenue Growth
0.021
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.