Apple Accumulated Depreciation vs Long Term Investments Analysis

AAPL Stock  USD 237.33  2.40  1.02%   
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 Accumulated Depreciation and its Long 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 american community survey.

Accumulated Depreciation vs Long Term Investments

Accumulated Depreciation vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Inc Accumulated Depreciation account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Apple's Accumulated Depreciation and Long Term Investments is 0.15. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long 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 Accumulated Depreciation and Long 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 Accumulated Depreciation of Apple Inc are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accumulated Depreciation i.e., Apple's Accumulated Depreciation and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Apple Inc fixed asset that has been charged to Apple expense since that asset was acquired and made available for Apple use. The accumulated depreciation account is Apple Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Apple Inc.

Long Term Investments

Long Term Investments is an item on the asset side of Apple balance sheet that represents investments Apple Inc intends to hold for over a year. Apple Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.
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

0.790.860.20.930.88-0.180.760.970.640.810.54-0.110.920.80.86-0.470.930.940.770.910.920.920.910.640.66
0.790.94-0.360.930.81-0.680.730.680.950.590.76-0.50.850.90.9-0.790.930.860.760.920.850.840.930.360.31
0.860.94-0.260.960.83-0.60.690.770.880.620.86-0.390.840.950.88-0.790.960.90.750.980.860.930.990.370.34
0.2-0.36-0.26-0.12-0.120.92-0.070.35-0.550.16-0.510.8-0.07-0.32-0.070.48-0.17-0.02-0.12-0.16-0.1-0.06-0.140.620.4
0.930.930.96-0.120.88-0.490.80.840.850.760.75-0.350.920.920.89-0.670.980.960.830.990.930.950.980.430.52
0.880.810.83-0.120.88-0.420.660.830.710.710.51-0.490.960.810.83-0.510.930.850.670.860.970.890.870.390.59
-0.18-0.68-0.60.92-0.49-0.42-0.37-0.01-0.82-0.15-0.740.84-0.4-0.65-0.40.68-0.52-0.39-0.43-0.52-0.43-0.4-0.50.320.15
0.760.730.69-0.070.80.66-0.370.60.690.90.52-0.310.840.690.62-0.280.80.90.990.780.80.690.690.270.65
0.970.680.770.350.840.83-0.010.60.480.690.40.030.840.70.81-0.380.840.830.610.820.840.850.840.740.6
0.640.950.88-0.550.850.71-0.820.690.480.530.82-0.630.750.890.76-0.80.850.780.730.860.760.740.840.120.24
0.810.590.620.160.760.71-0.150.90.690.530.38-0.180.840.610.56-0.180.760.890.890.740.810.720.650.310.89
0.540.760.86-0.510.750.51-0.740.520.40.820.38-0.410.520.840.59-0.780.710.670.620.810.550.710.790.00.04
-0.11-0.5-0.390.8-0.35-0.490.84-0.310.03-0.63-0.18-0.41-0.42-0.46-0.270.46-0.42-0.28-0.32-0.35-0.45-0.3-0.330.31-0.08
0.920.850.84-0.070.920.96-0.40.840.840.750.840.52-0.420.820.83-0.450.960.940.830.890.990.880.870.440.67
0.80.90.95-0.320.920.81-0.650.690.70.890.610.84-0.460.820.81-0.710.920.860.750.940.840.860.940.280.32
0.860.90.88-0.070.890.83-0.40.620.810.760.560.59-0.270.830.81-0.670.890.830.640.870.840.880.910.530.38
-0.47-0.79-0.790.48-0.67-0.510.68-0.28-0.38-0.8-0.18-0.780.46-0.45-0.71-0.67-0.64-0.54-0.35-0.7-0.49-0.66-0.75-0.140.05
0.930.930.96-0.170.980.93-0.520.80.840.850.760.71-0.420.960.920.89-0.640.960.820.980.970.940.970.420.53
0.940.860.9-0.020.960.85-0.390.90.830.780.890.67-0.280.940.860.83-0.540.960.920.950.930.910.910.430.67
0.770.760.75-0.120.830.67-0.430.990.610.730.890.62-0.320.830.750.64-0.350.820.920.820.80.730.740.250.62
0.910.920.98-0.160.990.86-0.520.780.820.860.740.81-0.350.890.940.87-0.70.980.950.820.910.950.980.40.48
0.920.850.86-0.10.930.97-0.430.80.840.760.810.55-0.450.990.840.84-0.490.970.930.80.910.910.890.390.65
0.920.840.93-0.060.950.89-0.40.690.850.740.720.71-0.30.880.860.88-0.660.940.910.730.950.910.950.40.53
0.910.930.99-0.140.980.87-0.50.690.840.840.650.79-0.330.870.940.91-0.750.970.910.740.980.890.950.450.4
0.640.360.370.620.430.390.320.270.740.120.310.00.310.440.280.53-0.140.420.430.250.40.390.40.450.38
0.660.310.340.40.520.590.150.650.60.240.890.04-0.080.670.320.380.050.530.670.620.480.650.530.40.38
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 Liab42.7B47.5B60.8B58.8B51.7B54.3B
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 Other42.5B48.8B54.4B64.8B55.3B58.1B
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)

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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.