Apple Average Assets vs Enterprise Value Analysis

AAPL -- USA Stock  

USD 217.66  0.71  0.33%

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 Enterprise Value accounts. Check also Trending Equities.

Average Assets vs Enterprise Value

Accounts Relationship

Average Assets vs Enterprise Value

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Average Assets account and Enterprise Value

Correlation Coefficient

0.93
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; derived from Total Assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Apple theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Apple debt, but would also pocket its cash. Enterprise Value is more accurate representation of Apple value then its market capitalization because it takes into account all of Apple existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Did you try this?

Run Money Flow Index Now

   

Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators
All  Next Launch Money Flow Index

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com