Apple Free Cash Flow vs Average Equity Analysis

AAPL -- USA Stock  

USD 217.66  3.13  1.42%

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

Free Cash Flow vs Average Equity

Accounts Relationship

Free Cash Flow vs Average Equity

Significance: Almost Identical Trend

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

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

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

Average Equity

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

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