Apple Average Equity vs Free Cash Flow Analysis

AAPL -- USA Stock  

USD 170.75  1.65  0.98%

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 Equity and its Free Cash Flow accounts. Check also Trending Equities.

Average Equity vs Free Cash Flow

Accounts Relationship

Average Equity vs Free Cash Flow

Significance: Almost Identical Trend

Average Equity diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Average Equity account and Free Cash Flow

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

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