Apple Other Stockholder Equity vs Short Term Investments Analysis

0R2V Stock   241.50  2.00  0.84%   
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 Other Stockholder Equity and its Short Term Investments 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 board of governors.

Other Stockholder Equity vs Short Term Investments

Other Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Other Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apple's Other Stockholder Equity and Short Term Investments is 0.67. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Investments 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 Other Stockholder Equity and Short Term Investments 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 Stockholder Equity of Apple Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Apple's Other Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Short Term Investments

Short Term Investments is an item under the current assets section of Apple balance sheet. It contains any investments Apple Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Apple Inc can easily liquidate in the marketplace.
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 board of governors.
Selling General Administrative is likely to gain to about 20.3 B in 2024, whereas Tax Provision is likely to drop slightly above 10 B in 2024.
 2010 2021 2023 2024 (projected)
Interest Income198M2.9B2.6B2.7B
Tax Provision14.5B15.7B14.2B10.0B

Apple fundamental ratios Correlations

-0.440.130.3-0.41-0.770.07-0.46-0.50.410.2-0.540.33-0.43-0.45-0.880.340.08-0.010.110.40.070.26
-0.440.42-0.78-0.310.680.371.0-0.320.3-0.780.290.38-0.280.960.32-0.780.390.430.4-0.49-0.40.56
0.130.42-0.71-0.950.40.990.38-0.750.95-0.74-0.470.97-0.950.55-0.27-0.70.990.991.0-0.84-0.970.78
0.3-0.78-0.710.61-0.82-0.73-0.750.67-0.610.990.31-0.640.61-0.920.041.0-0.73-0.74-0.720.720.75-0.45
-0.41-0.31-0.950.61-0.17-0.92-0.270.88-1.00.670.6-0.991.0-0.430.520.59-0.93-0.9-0.950.640.86-0.79
-0.770.680.4-0.82-0.170.470.66-0.150.17-0.750.010.22-0.160.810.45-0.840.450.510.42-0.72-0.560.06
0.070.370.99-0.73-0.920.470.32-0.740.92-0.75-0.540.94-0.920.54-0.26-0.721.00.991.0-0.87-0.990.67
-0.461.00.38-0.75-0.270.660.32-0.270.26-0.750.340.34-0.240.950.36-0.750.350.390.36-0.47-0.360.55
-0.5-0.32-0.750.670.88-0.15-0.74-0.27-0.880.740.76-0.830.89-0.450.740.64-0.74-0.67-0.750.360.64-0.56
0.410.30.95-0.61-1.00.170.920.26-0.88-0.67-0.610.99-1.00.43-0.53-0.590.930.90.95-0.64-0.860.78
0.2-0.78-0.740.990.67-0.75-0.75-0.750.74-0.670.35-0.690.67-0.910.130.99-0.75-0.75-0.740.680.75-0.52
-0.540.29-0.470.310.60.01-0.540.340.76-0.610.35-0.510.640.060.830.29-0.51-0.44-0.50.160.46-0.02
0.330.380.97-0.64-0.990.220.940.34-0.830.99-0.69-0.51-0.990.49-0.42-0.620.950.920.96-0.7-0.890.84
-0.43-0.28-0.950.611.0-0.16-0.92-0.240.89-1.00.670.64-0.99-0.410.560.59-0.93-0.89-0.940.630.86-0.76
-0.450.960.55-0.92-0.430.810.540.95-0.450.43-0.910.060.49-0.410.22-0.920.550.580.55-0.63-0.570.51
-0.880.32-0.270.040.520.45-0.260.360.74-0.530.130.83-0.420.560.220.01-0.25-0.15-0.27-0.240.13-0.15
0.34-0.78-0.71.00.59-0.84-0.72-0.750.64-0.590.990.29-0.620.59-0.920.01-0.72-0.73-0.710.730.74-0.43
0.080.390.99-0.73-0.930.451.00.35-0.740.93-0.75-0.510.95-0.930.55-0.25-0.721.01.0-0.87-0.990.71
-0.010.430.99-0.74-0.90.510.990.39-0.670.9-0.75-0.440.92-0.890.58-0.15-0.731.00.99-0.91-1.00.7
0.110.41.0-0.72-0.950.421.00.36-0.750.95-0.74-0.50.96-0.940.55-0.27-0.711.00.99-0.85-0.980.74
0.4-0.49-0.840.720.64-0.72-0.87-0.470.36-0.640.680.16-0.70.63-0.63-0.240.73-0.87-0.91-0.850.93-0.53
0.07-0.4-0.970.750.86-0.56-0.99-0.360.64-0.860.750.46-0.890.86-0.570.130.74-0.99-1.0-0.980.93-0.63
0.260.560.78-0.45-0.790.060.670.55-0.560.78-0.52-0.020.84-0.760.51-0.15-0.430.710.70.74-0.53-0.63
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Apple Account Relationship Matchups

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