Apple Net Invested Capital from 2010 to 2024
AAPL Stock | USD 173.72 1.10 0.64% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 155.9 B | Current Value 157.7 B | Quarterly Volatility 39 B |
Check Apple financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apple main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 B, Interest Expense of 4.7 B or Selling General Administrative of 30.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 3.77, Price Earnings Ratio of 15.15 or Price To Sales Ratio of 6.67. Apple financial statements analysis is a perfect complement when working with Apple Valuation or Volatility modules.
Apple | Net Invested Capital |
Latest Apple's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Apple Inc over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Apple's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apple's overall financial position and show how it may be relating to other accounts over time.
Net Invested Capital | 10 Years Trend |
|
Net Invested Capital |
Timeline |
Apple Net Invested Capital Regression Statistics
Arithmetic Mean | 212,758,342,857 | |
Geometric Mean | 209,278,076,859 | |
Coefficient Of Variation | 18.33 | |
Mean Deviation | 35,686,967,619 | |
Median | 221,630,000,000 | |
Standard Deviation | 38,996,466,048 | |
Sample Variance | 1520724364.2T | |
Range | 93.8B | |
R-Value | (0.94) | |
Mean Square Error | 201183646.8T | |
R-Squared | 0.88 | |
Slope | (8,166,734,286) | |
Total Sum of Squares | 21290141098.9T |
Apple Net Invested Capital History
About Apple Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Apple income statement, its balance sheet, and the statement of cash flows. Apple investors use historical funamental indicators, such as Apple's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although Apple investors may use each financial statement separately, they are all related. The changes in Apple's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Apple's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Apple Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Apple. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for 2024 | ||
Net Invested Capital | 155.9 B | 157.7 B |
Pair Trading with Apple
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.Moving together with Apple Stock
0.69 | KE | Kimball Electronics Financial Report 2nd of May 2024 | PairCorr |
Moving against Apple Stock
0.72 | NTNX | Nutanix Report 22nd of May 2024 | PairCorr |
0.67 | MAPSW | WM Technology | PairCorr |
0.66 | MU | Micron Technology Earnings Call Tomorrow | PairCorr |
0.66 | IBM | International Business Fiscal Quarter End 31st of March 2024 | PairCorr |
0.55 | MSFT | Microsoft Fiscal Quarter End 31st of March 2024 | PairCorr |
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Apple Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Apple Stock analysis
When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is Apple's industry 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 0.16 | Dividend Share 0.95 | Earnings Share 6.44 | Revenue Per Share 24.648 | Quarterly Revenue Growth 0.021 |
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.