Apple Average Assets vs Earnings before Tax Analysis

AAPL -- USA Stock  

USD 208.87  0.88  0.42%

Apple financial indicator trend analysis is way more than just evaluating Apple prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple is a good investment. Please check the relationship between Apple Average Assets and its Earnings before Tax accounts. Check also Trending Equities.

Average Assets vs Earnings before Tax

Accounts Relationship

Average Assets vs Earnings before Tax

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Average Assets account and Earnings before Tax

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

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