Apollo Other Current Liab vs Other Current Assets Analysis

APO Stock  USD 65.25  51.30  44.02%   
Apollo Global financial indicator trend analysis is way more than just evaluating Apollo Global Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Global Management is a good investment. Please check the relationship between Apollo Global Other Current Liab and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. 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.

Other Current Liab vs Other Current Assets

Other Current Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Global Management Other Current Liab account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Apollo Global's Other Current Liab and Other Current Assets is -0.95. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Apollo Global Management, assuming nothing else is changed. The correlation between historical values of Apollo Global's Other Current Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Apollo Global Management are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Current Liab i.e., Apollo Global's Other Current Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Apollo Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Global Management 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 Apollo Global Management. 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.
As of the 4th of June 2024, Selling General Administrative is likely to grow to about 2.7 B. Also, Tax Provision is likely to grow to about 619.5 M
 2021 2022 2023 2024 (projected)
Interest Expense139.1M130.5M145M104.7M
Depreciation And Amortization27.3M594M804M844.2M

Apollo Global fundamental ratios Correlations

0.10.971.00.990.751.0-0.70.991.00.99-0.990.790.970.78-0.060.98-0.90.971.00.751.00.230.841.00.6
0.10.090.050.120.060.050.630.030.170.14-0.070.170.15-0.050.020.25-0.010.130.10.050.070.37-0.050.040.19
0.970.090.960.980.860.96-0.680.950.960.97-0.940.690.930.89-0.10.96-0.950.950.970.860.950.130.820.960.63
1.00.050.960.980.731.0-0.740.990.990.98-0.990.780.970.78-0.070.97-0.90.971.00.731.00.230.831.00.6
0.990.120.980.980.770.98-0.680.970.990.99-0.960.770.960.79-0.060.99-0.890.970.990.770.980.210.850.980.6
0.750.060.860.730.770.73-0.540.740.740.79-0.690.470.640.92-0.050.77-0.920.730.751.00.72-0.240.70.750.57
1.00.050.961.00.980.73-0.740.990.990.98-0.990.780.970.78-0.070.97-0.890.971.00.731.00.230.831.00.6
-0.70.63-0.68-0.74-0.68-0.54-0.74-0.75-0.66-0.660.73-0.49-0.65-0.640.06-0.580.7-0.67-0.71-0.54-0.720.08-0.68-0.74-0.34
0.990.030.950.990.970.740.99-0.750.980.97-0.990.780.960.78-0.060.96-0.890.970.990.730.990.250.80.990.6
1.00.170.960.990.990.740.99-0.660.980.98-0.990.80.970.77-0.060.98-0.890.971.00.730.990.260.810.990.62
0.990.140.970.980.990.790.98-0.660.970.98-0.970.720.950.79-0.140.99-0.90.950.990.780.970.170.870.980.56
-0.99-0.07-0.94-0.99-0.96-0.69-0.990.73-0.99-0.99-0.97-0.79-0.97-0.770.06-0.950.88-0.96-0.99-0.69-0.99-0.26-0.79-0.99-0.61
0.790.170.690.780.770.470.78-0.490.780.80.72-0.790.780.470.530.77-0.630.830.780.460.830.420.50.770.74
0.970.150.930.970.960.640.97-0.650.960.970.95-0.970.780.72-0.060.95-0.830.970.970.630.970.40.750.960.62
0.78-0.050.890.780.790.920.78-0.640.780.770.79-0.770.470.72-0.10.76-0.970.790.780.910.76-0.130.620.80.67
-0.060.02-0.1-0.07-0.06-0.05-0.070.06-0.06-0.06-0.140.060.53-0.06-0.1-0.060.030.05-0.07-0.060.00.2-0.3-0.070.51
0.980.250.960.970.990.770.97-0.580.960.980.99-0.950.770.950.76-0.06-0.870.960.980.770.970.240.830.970.6
-0.9-0.01-0.95-0.9-0.89-0.92-0.890.7-0.89-0.89-0.90.88-0.63-0.83-0.970.03-0.87-0.89-0.9-0.92-0.880.02-0.71-0.91-0.71
0.970.130.950.970.970.730.97-0.670.970.970.95-0.960.830.970.790.050.96-0.890.970.720.980.360.710.970.71
1.00.10.971.00.990.751.0-0.710.991.00.99-0.990.780.970.78-0.070.98-0.90.970.741.00.230.831.00.6
0.750.050.860.730.771.00.73-0.540.730.730.78-0.690.460.630.91-0.060.77-0.920.720.740.71-0.250.70.750.56
1.00.070.951.00.980.721.0-0.720.990.990.97-0.990.830.970.760.00.97-0.880.981.00.710.260.811.00.63
0.230.370.130.230.21-0.240.230.080.250.260.17-0.260.420.4-0.130.20.240.020.360.23-0.250.26-0.180.210.36
0.84-0.050.820.830.850.70.83-0.680.80.810.87-0.790.50.750.62-0.30.83-0.710.710.830.70.81-0.180.830.16
1.00.040.961.00.980.751.0-0.740.990.990.98-0.990.770.960.8-0.070.97-0.910.971.00.751.00.210.830.61
0.60.190.630.60.60.570.6-0.340.60.620.56-0.610.740.620.670.510.6-0.710.710.60.560.630.360.160.61
Click cells to compare fundamentals

Apollo Global Account Relationship Matchups

Apollo Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B23.7B30.5B13.8B313.5B329.2B
Short Long Term Debt Total2.9B14.6B3.6B3.5B8.1B5.5B
Other Current Liab1.2B1.5B2.6B2.9B7.9B8.3B
Total Current Liabilities1.4B1.6B2.9B3.3B216.4B227.3B
Total Stockholder Equity1.9B1.4B3.8B1.8B14.0B14.7B
Property Plant And Equipment Net190.7M375.1M450.5M590.7M679.3M713.3M
Current Deferred Revenue84.6M30.4M119.7M172.7M204.7B214.9B
Net Debt1.3B12.2B2.7B2.2B(9.6B)(9.1B)
Accounts Payable94.4M120.0M145.1M167.8M3.3B3.5B
Cash1.6B2.4B917.2M1.3B17.7B18.6B
Non Current Assets Total6.5B20.6B28.4B10.7B136.9B143.7B
Non Currrent Assets Other1.6B462.0M16.0B1.2B(127.4B)(121.0B)
Cash And Short Term Investments1.6B2.4B917.2M1.3B19.9B20.9B
Net Receivables417.5M510.6M493.8M726.3M8.8B9.2B
Common Stock Shares Outstanding208.7M227.5M236.6M584.7M588.8M618.3M
Short Term Investments554.4M817.0M1.7B5.6B2.2B2.2B
Liabilities And Stockholders Equity8.5B23.7B30.5B13.8B313.5B329.2B
Non Current Liabilities Total4.1B15.7B17.4B6.0B71.8B75.4B
Other Current Assets(2.6B)(3.8B)(4.3B)(17.6B)(28.7B)(27.2B)
Other Stockholder Equity1.3B877.2M2.1B3.6B13.9B14.6B
Total Liab5.5B17.4B20.3B9.3B288.2B302.7B
Property Plant And Equipment Gross232.7M375.1M450.5M590.7M679.3M713.3M
Total Current Assets2.0B3.0B2.1B3.1B176.6B185.4B
Accumulated Other Comprehensive Income(4.6M)(2.1M)(5.4M)(10.3M)(5.6B)(5.3B)
Short Term Debt54.5M40.5M37.7M50M512M537.6M
Intangible Assets20.6M23.6M14.8M179.2M161.3M169.4M
Other Liab876.2M12.8B1.8B228.9B263.3B276.4B
Other Assets675.1M15.4B1.1B79.8B312.6B328.3B
Long Term Debt3.5B5.6B5.7B2.9B8.1B8.5B
Property Plant Equipment20.0M232.7M295.1M450.5M518.1M544.0M
Inventory2.7B3.9B5.0B18.7B21.5B22.6B
Common Stock2.2K2.3K2.5K5.7K1.4B1.5B

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

Additional Information and Resources on Investing in Apollo Stock

When determining whether Apollo Global Management is a strong investment it is important to analyze Apollo Global'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 Apollo Global's future performance. For an informed investment choice regarding Apollo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Asset Management & Custody Banks 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 Apollo Global. If investors know Apollo 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 Apollo Global 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
0.373
Dividend Share
1.753
Earnings Share
8.9
Revenue Per Share
57.802
Quarterly Revenue Growth
0.326
The market value of Apollo Global Management is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Global's value that differs from its market value or its book value, called intrinsic value, which is Apollo Global'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 Apollo Global's market value can be influenced by many factors that don't directly affect Apollo Global'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 Apollo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Global'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.