APL Net Receivables vs Good Will Analysis

APLAPOLLO   1,468  15.00  1.01%   
APL Apollo financial indicator trend analysis is way more than just evaluating APL Apollo Tubes prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APL Apollo Tubes is a good investment. Please check the relationship between APL Apollo Net Receivables and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APL Apollo Tubes. 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.

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APL Apollo Tubes Net Receivables account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between APL Apollo's Net Receivables and Good Will is -0.3. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will in the same time period over historical financial statements of APL Apollo Tubes, assuming nothing else is changed. The correlation between historical values of APL Apollo's Net Receivables and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of APL Apollo Tubes are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., APL Apollo's Net Receivables and Good Will go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from APL Apollo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APL Apollo Tubes 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 APL Apollo Tubes. 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.
The value of Selling General Administrative is expected to slide to about 88 M. The value of Tax Provision is estimated to slide to about 1.4 B
 2021 2022 2023 2024 (projected)
Interest Expense386.1M670.9M1.1B1.2B
Depreciation And Amortization1.1B1.4B1.8B1.8B

APL Apollo fundamental ratios Correlations

0.840.050.980.991.00.481.00.590.970.380.180.990.990.770.80.20.90.9-0.290.990.991.00.880.00.1
0.84-0.270.910.790.810.820.810.630.850.26-0.060.90.880.60.670.20.70.720.10.880.760.820.640.440.0
0.05-0.270.00.090.06-0.470.060.130.04-0.10.220.010.040.120.15-0.210.130.17-0.340.010.120.080.04-0.56-0.01
0.980.910.00.960.960.610.970.630.940.380.120.990.990.750.770.260.850.87-0.180.990.940.970.810.120.09
0.990.790.090.961.00.411.00.560.960.360.240.970.980.780.810.180.910.91-0.370.971.00.990.9-0.070.11
1.00.810.060.961.00.441.00.580.970.390.190.980.980.770.790.20.90.89-0.320.970.990.990.91-0.030.1
0.480.82-0.470.610.410.440.450.630.450.2-0.250.570.510.480.20.430.210.260.440.560.350.440.340.68-0.1
1.00.810.060.971.01.00.450.590.960.390.190.980.980.790.770.230.890.88-0.310.970.990.990.91-0.030.12
0.590.630.130.630.560.580.630.590.530.340.170.610.590.750.290.40.340.340.110.580.50.530.510.370.19
0.970.850.040.940.960.970.450.960.530.30.080.970.980.680.860.030.940.92-0.270.960.960.970.870.040.03
0.380.26-0.10.380.360.390.20.390.340.30.060.360.350.380.110.530.30.13-0.030.330.330.360.420.050.51
0.18-0.060.220.120.240.19-0.250.190.170.080.060.110.160.30.32-0.110.220.28-0.710.140.270.160.1-0.110.31
0.990.90.010.990.970.980.570.980.610.970.360.111.00.740.80.190.890.89-0.210.990.960.980.840.090.07
0.990.880.040.990.980.980.510.980.590.980.350.161.00.740.830.160.910.92-0.270.990.980.990.840.040.08
0.770.60.120.750.780.770.480.790.750.680.380.30.740.740.450.390.610.61-0.210.750.760.750.680.00.3
0.80.670.150.770.810.790.20.770.290.860.110.320.80.830.45-0.350.910.95-0.530.790.840.820.62-0.01-0.15
0.20.2-0.210.260.180.20.430.230.40.030.53-0.110.190.160.39-0.35-0.13-0.170.350.20.120.170.280.130.32
0.90.70.130.850.910.90.210.890.340.940.30.220.890.910.610.91-0.130.96-0.40.870.930.920.74-0.130.12
0.90.720.170.870.910.890.260.880.340.920.130.280.890.920.610.95-0.170.96-0.50.90.940.920.7-0.11-0.02
-0.290.1-0.34-0.18-0.37-0.320.44-0.310.11-0.27-0.03-0.71-0.21-0.27-0.21-0.530.35-0.4-0.5-0.27-0.43-0.33-0.30.44-0.04
0.990.880.010.990.970.970.560.970.580.960.330.140.990.990.750.790.20.870.9-0.270.960.980.840.060.08
0.990.760.120.941.00.990.350.990.50.960.330.270.960.980.760.840.120.930.94-0.430.960.990.87-0.110.11
1.00.820.080.970.990.990.440.990.530.970.360.160.980.990.750.820.170.920.92-0.330.980.990.87-0.050.08
0.880.640.040.810.90.910.340.910.510.870.420.10.840.840.680.620.280.740.7-0.30.840.870.87-0.090.07
0.00.44-0.560.12-0.07-0.030.68-0.030.370.040.05-0.110.090.040.0-0.010.13-0.13-0.110.440.06-0.11-0.05-0.09-0.12
0.10.0-0.010.090.110.1-0.10.120.190.030.510.310.070.080.3-0.150.320.12-0.02-0.040.080.110.080.07-0.12
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APL Apollo Account Relationship Matchups

APL Apollo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.7B34.0B44.5B58.5B71.9B75.5B
Short Long Term Debt Total8.3B5.2B5.8B8.7B11.4B12.0B
Other Current Liab62.7M364.4M442.8M763.8M682.3M716.4M
Total Current Liabilities12.2B11.8B14.3B21.8B25.0B26.2B
Total Stockholder Equity13.6B16.9B22.6B30.1B36.0B37.8B
Property Plant And Equipment Net16.3B18.2B23.1B28.2B35.4B37.2B
Net Debt7.9B5.0B4.2B7.5B8.0B5.0B
Non Current Assets Total18.2B20.0B26.3B32.9B38.5B40.4B
Common Stock Shares Outstanding247.1M250.0M277.2M277.4M277.4M250.4M
Liabilities And Stockholders Equity32.7B34.0B44.5B58.5B71.9B75.5B
Non Current Liabilities Total5.9B3.9B5.6B6.7B10.9B11.4B
Other Current Assets1.2M6.2B8.1B893.7M4.4B2.4B
Other Stockholder Equity(9.4B)4.2B4.0B4.4B4.1B4.3B
Total Liab18.1B15.7B19.9B28.5B35.8B37.6B
Total Current Assets14.5B14.0B18.3B25.6B33.4B35.1B
Accumulated Other Comprehensive Income(2.4B)571.4M576.3M370.8M372.5M391.1M
Common Stock248.7M249.8M500.6M554.7M555.1M287.7M
Non Currrent Assets Other500K1.2B(1.8M)2.0B8.2B8.6B
Other Assets960.3M1.6B2.0B2.0B1.00.95
Cash443.9M161.2M1.6B1.2B3.5B3.6B
Cash And Short Term Investments448.3M161.2M1.7B6.5B11.4B12.0B
Net Receivables6.2B1.3B3.4B1.4B1.3B1.2B
Inventory7.8B7.6B8.5B14.8B16.4B17.2B
Retained Earnings8.8B12.0B17.6B25.1B31.0B32.6B
Accounts Payable7.7B7.9B10.6B16.0B19.8B20.8B
Intangible Assets27.3M18.4M11.2M12.3M24.8M18.9M
Current Deferred Revenue231.1M345.2M1.1B572.1M323.3M572.3M
Short Term Debt4.3B3.4B2.3B4.6B3.4B3.5B
Other Liab1.8B1.9B2.0B2.1B2.4B1.5B
Net Tangible Assets9.4B12.2B15.6B21.3B24.4B25.7B
Long Term Debt4.0B1.8B3.5B4.1B7.9B8.3B
Short Long Term Debt4.3B2.6B2.3B4.6B3.4B4.2B
Property Plant Equipment15.8B17.0B22.0B28.2B32.4B34.0B
Short Term Investments4.4M3.4B50M5.3B7.9B8.3B
Long Term Debt Total4.0B1.8B3.5B4.1B4.7B2.6B
Capital Surpluse3.9B4.2B4.0B4.0B4.6B3.3B
Net Invested Capital21.9B21.4B28.4B38.8B47.3B30.2B
Non Current Liabilities Other500K755.4M754M1.2B1.3B673.5M

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Other Information on Investing in APL Stock

Balance Sheet is a snapshot of the financial position of APL Apollo Tubes at a specified time, usually calculated after every quarter, six months, or one year. APL Apollo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of APL Apollo and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which APL currently owns. An asset can also be divided into two categories, current and non-current.