APA Inventory Turnover vs Free Cash Flow Per Share Analysis

APA Stock

USD 21.60 0.56 2.66%

APA financial indicator trend analysis is way more than just evaluating APA Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APA Corporation is a good investment. Please check the relationship between APA Inventory Turnover and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. 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.

Inventory Turnover vs Free Cash Flow Per Share

Inventory Turnover vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APA Corporation Inventory Turnover account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between APA's Inventory Turnover and Free Cash Flow Per Share is -0.54. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of APA Corporation, assuming nothing else is changed. The correlation between historical values of APA's Inventory Turnover and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of APA Corporation are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Inventory Turnover i.e., APA's Inventory Turnover and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from APA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APA Corporation 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 APA Corporation. 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.

At present, APA's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Selling General Administrative is forecasted to decline to about 231.5 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	620M	1.0B	524M	497.8M
Cost Of Revenue	4.4B	4.8B	2.4B	3.2B

Total Operating Expenses Cost Of Revenue

APA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.69	0.89	0.92	0.98	1.0	0.67	0.93	0.3	1.0	0.67	0.3	0.91	0.53	0.93	0.88	0.95	0.65	0.95	0.71	0.92	0.33	0.9	0.15	0.21	0.43
Short Long Term Debt Total	0.69		0.51	0.63	0.57	0.67	0.98	0.4	0.42	0.68	0.61	0.42	0.61	0.86	0.87	0.85	0.69	0.93	0.85	0.3	0.75	0.37	0.67	0.53	0.65	0.6
Other Current Liab	0.89	0.51		0.95	0.91	0.89	0.52	0.87	0.15	0.9	0.55	0.15	0.94	0.47	0.77	0.78	0.84	0.52	0.82	0.72	0.75	0.05	0.85	0.15	0.18	0.3
Total Current Liabilities	0.92	0.63	0.95		0.9	0.91	0.64	0.84	0.17	0.92	0.67	0.17	0.99	0.58	0.85	0.86	0.86	0.61	0.9	0.78	0.85	0.11	0.88	0.29	0.32	0.52
Total Stockholder Equity	0.98	0.57	0.91	0.9		0.98	0.54	0.98	0.28	0.98	0.59	0.28	0.89	0.39	0.85	0.79	0.95	0.54	0.88	0.68	0.87	0.27	0.85	0.0	0.05	0.32
Property Plant And Equipment Net	1.0	0.67	0.89	0.91	0.98		0.65	0.94	0.29	1.0	0.64	0.29	0.9	0.5	0.92	0.85	0.95	0.63	0.94	0.7	0.91	0.33	0.88	0.11	0.18	0.41
Net Debt	0.67	0.98	0.52	0.64	0.54	0.65		0.39	0.23	0.67	0.62	0.23	0.61	0.82	0.87	0.84	0.65	0.85	0.84	0.31	0.68	0.34	0.63	0.53	0.63	0.57
Retained Earnings	0.93	0.4	0.87	0.84	0.98	0.94	0.39		0.18	0.93	0.53	0.18	0.83	0.2	0.75	0.68	0.88	0.36	0.78	0.69	0.78	0.25	0.78	-0.15	-0.13	0.19
Cash	0.3	0.42	0.15	0.17	0.28	0.29	0.23	0.18		0.27	0.15	1.0	0.19	0.42	0.31	0.32	0.41	0.61	0.29	-0.03	0.54	0.24	0.39	0.18	0.27	0.33
Non Current Assets Total	1.0	0.68	0.9	0.92	0.98	1.0	0.67	0.93	0.27		0.67	0.27	0.91	0.51	0.93	0.87	0.94	0.64	0.95	0.71	0.91	0.32	0.89	0.13	0.2	0.42
Non Currrent Assets Other	0.67	0.61	0.55	0.67	0.59	0.64	0.62	0.53	0.15	0.67		0.15	0.69	0.5	0.76	0.8	0.56	0.52	0.76	0.5	0.71	0.11	0.82	0.31	0.36	0.45
Cash And Short Term Investments	0.3	0.42	0.15	0.17	0.28	0.29	0.23	0.18	1.0	0.27	0.15		0.19	0.42	0.31	0.32	0.41	0.61	0.29	-0.03	0.54	0.24	0.39	0.18	0.27	0.33
Net Receivables	0.91	0.61	0.94	0.99	0.89	0.9	0.61	0.83	0.19	0.91	0.69	0.19		0.6	0.85	0.88	0.85	0.62	0.9	0.76	0.84	0.07	0.89	0.31	0.33	0.57
Common Stock Shares Outstanding	0.53	0.86	0.47	0.58	0.39	0.5	0.82	0.2	0.42	0.51	0.5	0.42	0.6		0.71	0.75	0.52	0.94	0.7	0.31	0.65	0.18	0.64	0.78	0.89	0.69
Non Current Liabilities Total	0.93	0.87	0.77	0.85	0.85	0.92	0.87	0.75	0.31	0.93	0.76	0.31	0.85	0.71		0.95	0.87	0.8	0.99	0.59	0.92	0.43	0.88	0.35	0.44	0.59
Inventory	0.88	0.85	0.78	0.86	0.79	0.85	0.84	0.68	0.32	0.87	0.8	0.32	0.88	0.75	0.95		0.82	0.81	0.96	0.61	0.86	0.21	0.89	0.45	0.5	0.67
Other Current Assets	0.95	0.69	0.84	0.86	0.95	0.95	0.65	0.88	0.41	0.94	0.56	0.41	0.85	0.52	0.87	0.82		0.69	0.89	0.54	0.89	0.3	0.81	0.07	0.15	0.44
Other Stockholder Equity	0.65	0.93	0.52	0.61	0.54	0.63	0.85	0.36	0.61	0.64	0.52	0.61	0.62	0.94	0.8	0.81	0.69		0.78	0.26	0.76	0.26	0.7	0.59	0.72	0.65
Total Liab	0.95	0.85	0.82	0.9	0.88	0.94	0.84	0.78	0.29	0.95	0.76	0.29	0.9	0.7	0.99	0.96	0.89	0.78		0.64	0.93	0.38	0.9	0.35	0.42	0.59
Property Plant And Equipment Gross	0.71	0.3	0.72	0.78	0.68	0.7	0.31	0.69	-0.03	0.71	0.5	-0.03	0.76	0.31	0.59	0.61	0.54	0.26	0.64		0.66	0.16	0.71	0.34	0.3	0.39
Total Current Assets	0.92	0.75	0.75	0.85	0.87	0.91	0.68	0.78	0.54	0.91	0.71	0.54	0.84	0.65	0.92	0.86	0.89	0.76	0.93	0.66		0.43	0.91	0.33	0.4	0.57
Short Term Debt	0.33	0.37	0.05	0.11	0.27	0.33	0.34	0.25	0.24	0.32	0.11	0.24	0.07	0.18	0.43	0.21	0.3	0.26	0.38	0.16	0.43		0.22	0.07	0.11	0.21
Accounts Payable	0.9	0.67	0.85	0.88	0.85	0.88	0.63	0.78	0.39	0.89	0.82	0.39	0.89	0.64	0.88	0.89	0.81	0.7	0.9	0.71	0.91	0.22		0.37	0.43	0.47
Common Stock Total Equity	0.15	0.53	0.15	0.29	0.0	0.11	0.53	-0.15	0.18	0.13	0.31	0.18	0.31	0.78	0.35	0.45	0.07	0.59	0.35	0.34	0.33	0.07	0.37		0.95	0.61
Common Stock	0.21	0.65	0.18	0.32	0.05	0.18	0.63	-0.13	0.27	0.2	0.36	0.27	0.33	0.89	0.44	0.5	0.15	0.72	0.42	0.3	0.4	0.11	0.43	0.95		0.62
Other Liab	0.43	0.6	0.3	0.52	0.32	0.41	0.57	0.19	0.33	0.42	0.45	0.33	0.57	0.69	0.59	0.67	0.44	0.65	0.59	0.39	0.57	0.21	0.47	0.61	0.62

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APA Account Relationship Matchups

APA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.1B	12.7B	13.3B	13.1B	15.2B	18.2B
Short Long Term Debt Total	8.6B	8.8B	7.5B	5.5B	5.3B	4.5B
Other Current Liab	1.8B	721M	1.0B	1.9B	1.5B	985.5M
Total Current Liabilities	1.9B	1.3B	2.1B	2.9B	2.4B	1.7B
Total Stockholder Equity	3.3B	(1.6B)	(1.6B)	423M	2.7B	2.5B
Property Plant And Equipment Net	14.2B	8.8B	8.3B	9.0B	10.0B	15.3B
Net Debt	8.3B	8.5B	7.2B	5.2B	5.2B	4.1B
Retained Earnings	(5.6B)	(10.5B)	(9.5B)	(5.8B)	(3.0B)	(2.8B)
Cash	247M	262M	302M	245M	87M	82.7M
Non Current Assets Total	16.1B	10.9B	10.9B	10.4B	12.8B	16.1B
Non Currrent Assets Other	614M	526M	1.2B	803M	549M	388.3M
Cash And Short Term Investments	247M	262M	302M	245M	87M	82.7M
Net Receivables	1.1B	908M	1.4B	1.5B	1.6B	1.1B
Liabilities And Stockholders Equity	18.1B	12.7B	13.3B	13.1B	15.2B	18.2B
Non Current Liabilities Total	11.8B	12.1B	11.9B	8.9B	9.1B	8.0B
Inventory	502M	492M	473M	427M	453M	303.3M
Other Current Assets	1.7B	184M	211M	570M	312M	296.4M
Other Stockholder Equity	8.5B	8.5B	7.6B	6.0B	5.3B	5.2B
Total Liab	13.6B	13.4B	14.0B	11.8B	11.6B	9.8B
Property Plant And Equipment Gross	14.2B	8.8B	8.3B	43.6B	46.2B	48.5B
Total Current Assets	2.0B	1.8B	2.4B	2.7B	2.5B	2.1B
Short Term Debt	150M	11M	118M	314M	169M	112.1M
Accounts Payable	695M	444M	731M	771M	658M	544.3M
Common Stock Total Equity	259M	260M	261M	262M	301.3M	247.6M
Common Stock	259M	260M	261M	262M	263M	252.5M
Other Liab	2.4B	2.7B	3.7B	3.3B	3.8B	2.8B
Other Assets	730M	2.1B	4.7B	3.9B	4.5B	4.7B
Long Term Debt	8.6B	8.8B	7.3B	5.5B	5.2B	6.7B
Property Plant Equipment	14.2B	43.0B	40.5B	41.2B	47.4B	28.9B
Current Deferred Revenue	(695M)	(444M)	(731M)	626M	563.4M	591.6M
Net Tangible Assets	3.8B	(1.0B)	94M	2.3B	2.0B	1.9B
Noncontrolling Interest In Consolidated Entity	1.2B	994M	878M	984M	885.6M	841.3M
Retained Earnings Total Equity	(5.6B)	(10.5B)	(9.3B)	(5.8B)	(5.2B)	(4.9B)

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When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. 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.

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Is Oil & Gas Exploration & Production 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 APA. If investors know APA 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 APA 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

0.186

Dividend Share

Earnings Share

7.04

Revenue Per Share

26.553

Quarterly Revenue Growth

0.104

The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.

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APA Inventory Turnover vs Free Cash Flow Per Share Analysis

Inventory Turnover vs Free Cash Flow Per Share

Inventory Turnover vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Inventory Turnover

Free Cash Flow Per Share

APA fundamental ratios Correlations

APA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

APA fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Non Current Liabilities Total

Common Stock Total Equity	- 0.15	Retained Earnings
Common Stock	- 0.13	Retained Earnings
Property Plant And Equipment Gross	- 0.03	Cash And Short Term Investments
Property Plant And Equipment Gross	- 0.03	Cash
Common Stock Total Equity	- 0.0	Total Stockholder Equity