APL Total Current Assets vs Retained Earnings 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 Total Current Assets and its Retained Earnings 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.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APL Apollo Tubes Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between APL Apollo's Total Current Assets and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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 Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of APL Apollo Tubes are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., APL Apollo's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	386.1M	670.9M	1.1B	1.2B
Depreciation And Amortization	1.1B	1.4B	1.8B	1.8B

Interest Expense Depreciation And Amortization

APL Apollo 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	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Other Assets	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Retained Earnings	Accounts Payable	Good Will	Intangible Assets	Current Deferred Revenue
Total Assets		0.84	0.05	0.98	0.99	1.0	0.48	1.0	0.59	0.97	0.38	0.18	0.99	0.99	0.77	0.8	0.2	0.9	0.9	-0.29	0.99	0.99	1.0	0.88	0.0	0.1
Short Long Term Debt Total	0.84		-0.27	0.91	0.79	0.81	0.82	0.81	0.63	0.85	0.26	-0.06	0.9	0.88	0.6	0.67	0.2	0.7	0.72	0.1	0.88	0.76	0.82	0.64	0.44	0.0
Other Current Liab	0.05	-0.27		0.0	0.09	0.06	-0.47	0.06	0.13	0.04	-0.1	0.22	0.01	0.04	0.12	0.15	-0.21	0.13	0.17	-0.34	0.01	0.12	0.08	0.04	-0.56	-0.01
Total Current Liabilities	0.98	0.91	0.0		0.96	0.96	0.61	0.97	0.63	0.94	0.38	0.12	0.99	0.99	0.75	0.77	0.26	0.85	0.87	-0.18	0.99	0.94	0.97	0.81	0.12	0.09
Total Stockholder Equity	0.99	0.79	0.09	0.96		1.0	0.41	1.0	0.56	0.96	0.36	0.24	0.97	0.98	0.78	0.81	0.18	0.91	0.91	-0.37	0.97	1.0	0.99	0.9	-0.07	0.11
Property Plant And Equipment Net	1.0	0.81	0.06	0.96	1.0		0.44	1.0	0.58	0.97	0.39	0.19	0.98	0.98	0.77	0.79	0.2	0.9	0.89	-0.32	0.97	0.99	0.99	0.91	-0.03	0.1
Net Debt	0.48	0.82	-0.47	0.61	0.41	0.44		0.45	0.63	0.45	0.2	-0.25	0.57	0.51	0.48	0.2	0.43	0.21	0.26	0.44	0.56	0.35	0.44	0.34	0.68	-0.1
Non Current Assets Total	1.0	0.81	0.06	0.97	1.0	1.0	0.45		0.59	0.96	0.39	0.19	0.98	0.98	0.79	0.77	0.23	0.89	0.88	-0.31	0.97	0.99	0.99	0.91	-0.03	0.12
Common Stock Shares Outstanding	0.59	0.63	0.13	0.63	0.56	0.58	0.63	0.59		0.53	0.34	0.17	0.61	0.59	0.75	0.29	0.4	0.34	0.34	0.11	0.58	0.5	0.53	0.51	0.37	0.19
Non Current Liabilities Total	0.97	0.85	0.04	0.94	0.96	0.97	0.45	0.96	0.53		0.3	0.08	0.97	0.98	0.68	0.86	0.03	0.94	0.92	-0.27	0.96	0.96	0.97	0.87	0.04	0.03
Other Current Assets	0.38	0.26	-0.1	0.38	0.36	0.39	0.2	0.39	0.34	0.3		0.06	0.36	0.35	0.38	0.11	0.53	0.3	0.13	-0.03	0.33	0.33	0.36	0.42	0.05	0.51
Other Stockholder Equity	0.18	-0.06	0.22	0.12	0.24	0.19	-0.25	0.19	0.17	0.08	0.06		0.11	0.16	0.3	0.32	-0.11	0.22	0.28	-0.71	0.14	0.27	0.16	0.1	-0.11	0.31
Total Liab	0.99	0.9	0.01	0.99	0.97	0.98	0.57	0.98	0.61	0.97	0.36	0.11		1.0	0.74	0.8	0.19	0.89	0.89	-0.21	0.99	0.96	0.98	0.84	0.09	0.07
Total Current Assets	0.99	0.88	0.04	0.99	0.98	0.98	0.51	0.98	0.59	0.98	0.35	0.16	1.0		0.74	0.83	0.16	0.91	0.92	-0.27	0.99	0.98	0.99	0.84	0.04	0.08
Common Stock	0.77	0.6	0.12	0.75	0.78	0.77	0.48	0.79	0.75	0.68	0.38	0.3	0.74	0.74		0.45	0.39	0.61	0.61	-0.21	0.75	0.76	0.75	0.68	0.0	0.3
Non Currrent Assets Other	0.8	0.67	0.15	0.77	0.81	0.79	0.2	0.77	0.29	0.86	0.11	0.32	0.8	0.83	0.45		-0.35	0.91	0.95	-0.53	0.79	0.84	0.82	0.62	-0.01	-0.15
Other Assets	0.2	0.2	-0.21	0.26	0.18	0.2	0.43	0.23	0.4	0.03	0.53	-0.11	0.19	0.16	0.39	-0.35		-0.13	-0.17	0.35	0.2	0.12	0.17	0.28	0.13	0.32
Cash	0.9	0.7	0.13	0.85	0.91	0.9	0.21	0.89	0.34	0.94	0.3	0.22	0.89	0.91	0.61	0.91	-0.13		0.96	-0.4	0.87	0.93	0.92	0.74	-0.13	0.12
Cash And Short Term Investments	0.9	0.72	0.17	0.87	0.91	0.89	0.26	0.88	0.34	0.92	0.13	0.28	0.89	0.92	0.61	0.95	-0.17	0.96		-0.5	0.9	0.94	0.92	0.7	-0.11	-0.02
Net Receivables	-0.29	0.1	-0.34	-0.18	-0.37	-0.32	0.44	-0.31	0.11	-0.27	-0.03	-0.71	-0.21	-0.27	-0.21	-0.53	0.35	-0.4	-0.5		-0.27	-0.43	-0.33	-0.3	0.44	-0.04
Inventory	0.99	0.88	0.01	0.99	0.97	0.97	0.56	0.97	0.58	0.96	0.33	0.14	0.99	0.99	0.75	0.79	0.2	0.87	0.9	-0.27		0.96	0.98	0.84	0.06	0.08
Retained Earnings	0.99	0.76	0.12	0.94	1.0	0.99	0.35	0.99	0.5	0.96	0.33	0.27	0.96	0.98	0.76	0.84	0.12	0.93	0.94	-0.43	0.96		0.99	0.87	-0.11	0.11
Accounts Payable	1.0	0.82	0.08	0.97	0.99	0.99	0.44	0.99	0.53	0.97	0.36	0.16	0.98	0.99	0.75	0.82	0.17	0.92	0.92	-0.33	0.98	0.99		0.87	-0.05	0.08
Good Will	0.88	0.64	0.04	0.81	0.9	0.91	0.34	0.91	0.51	0.87	0.42	0.1	0.84	0.84	0.68	0.62	0.28	0.74	0.7	-0.3	0.84	0.87	0.87		-0.09	0.07
Intangible Assets	0.0	0.44	-0.56	0.12	-0.07	-0.03	0.68	-0.03	0.37	0.04	0.05	-0.11	0.09	0.04	0.0	-0.01	0.13	-0.13	-0.11	0.44	0.06	-0.11	-0.05	-0.09		-0.12
Current Deferred Revenue	0.1	0.0	-0.01	0.09	0.11	0.1	-0.1	0.12	0.19	0.03	0.51	0.31	0.07	0.08	0.3	-0.15	0.32	0.12	-0.02	-0.04	0.08	0.11	0.08	0.07	-0.12

Click cells to compare fundamentals

APL Apollo Account Relationship Matchups

APL Apollo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.7B	34.0B	44.5B	58.5B	71.9B	75.5B
Short Long Term Debt Total	8.3B	5.2B	5.8B	8.7B	11.4B	12.0B
Other Current Liab	62.7M	364.4M	442.8M	763.8M	682.3M	716.4M
Total Current Liabilities	12.2B	11.8B	14.3B	21.8B	25.0B	26.2B
Total Stockholder Equity	13.6B	16.9B	22.6B	30.1B	36.0B	37.8B
Property Plant And Equipment Net	16.3B	18.2B	23.1B	28.2B	35.4B	37.2B
Net Debt	7.9B	5.0B	4.2B	7.5B	8.0B	5.0B
Non Current Assets Total	18.2B	20.0B	26.3B	32.9B	38.5B	40.4B
Common Stock Shares Outstanding	247.1M	250.0M	277.2M	277.4M	277.4M	250.4M
Liabilities And Stockholders Equity	32.7B	34.0B	44.5B	58.5B	71.9B	75.5B
Non Current Liabilities Total	5.9B	3.9B	5.6B	6.7B	10.9B	11.4B
Other Current Assets	1.2M	6.2B	8.1B	893.7M	4.4B	2.4B
Other Stockholder Equity	(9.4B)	4.2B	4.0B	4.4B	4.1B	4.3B
Total Liab	18.1B	15.7B	19.9B	28.5B	35.8B	37.6B
Total Current Assets	14.5B	14.0B	18.3B	25.6B	33.4B	35.1B
Accumulated Other Comprehensive Income	(2.4B)	571.4M	576.3M	370.8M	372.5M	391.1M
Common Stock	248.7M	249.8M	500.6M	554.7M	555.1M	287.7M
Non Currrent Assets Other	500K	1.2B	(1.8M)	2.0B	8.2B	8.6B
Other Assets	960.3M	1.6B	2.0B	2.0B	1.0	0.95
Cash	443.9M	161.2M	1.6B	1.2B	3.5B	3.6B
Cash And Short Term Investments	448.3M	161.2M	1.7B	6.5B	11.4B	12.0B
Net Receivables	6.2B	1.3B	3.4B	1.4B	1.3B	1.2B
Inventory	7.8B	7.6B	8.5B	14.8B	16.4B	17.2B
Retained Earnings	8.8B	12.0B	17.6B	25.1B	31.0B	32.6B
Accounts Payable	7.7B	7.9B	10.6B	16.0B	19.8B	20.8B
Intangible Assets	27.3M	18.4M	11.2M	12.3M	24.8M	18.9M
Current Deferred Revenue	231.1M	345.2M	1.1B	572.1M	323.3M	572.3M
Short Term Debt	4.3B	3.4B	2.3B	4.6B	3.4B	3.5B
Other Liab	1.8B	1.9B	2.0B	2.1B	2.4B	1.5B
Net Tangible Assets	9.4B	12.2B	15.6B	21.3B	24.4B	25.7B
Long Term Debt	4.0B	1.8B	3.5B	4.1B	7.9B	8.3B
Short Long Term Debt	4.3B	2.6B	2.3B	4.6B	3.4B	4.2B
Property Plant Equipment	15.8B	17.0B	22.0B	28.2B	32.4B	34.0B
Short Term Investments	4.4M	3.4B	50M	5.3B	7.9B	8.3B
Long Term Debt Total	4.0B	1.8B	3.5B	4.1B	4.7B	2.6B
Capital Surpluse	3.9B	4.2B	4.0B	4.0B	4.6B	3.3B
Net Invested Capital	21.9B	21.4B	28.4B	38.8B	47.3B	30.2B
Non Current Liabilities Other	500K	755.4M	754M	1.2B	1.3B	673.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

APL Total Current Assets vs Retained Earnings Analysis

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Current Assets

Retained Earnings

APL Apollo fundamental ratios Correlations

APL Apollo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

APL Apollo fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in APL Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Total Stockholder Equity

Net Receivables	- 0.71	Other Stockholder Equity
Intangible Assets	- 0.56	Other Current Liab
Net Receivables	- 0.53	Non Currrent Assets Other
Net Receivables	- 0.5	Cash And Short Term Investments
Net Debt	- 0.47	Other Current Liab
Retained Earnings	- 0.43	Net Receivables