APA Inventory Turnover vs Pfcf Ratio Analysis
APA Stock | USD 20.48 0.57 2.71% |
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 Pfcf Ratio 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 Pfcf Ratio
Inventory Turnover vs Pfcf Ratio 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 Pfcf Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between APA's Inventory Turnover and Pfcf Ratio is -0.09. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Pfcf Ratio 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 Pfcf Ratio 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 Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Inventory Turnover i.e., APA's Inventory Turnover and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Pfcf Ratio
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 |
APA fundamental ratios Correlations
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APA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 1 | 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.