Apple Invested Capital vs Earnings before Tax Analysis

AAPL -- USA Stock  

USD 219.31  1.34  0.61%

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 Invested Capital and its Earnings before Tax accounts. Check also Trending Equities.

Invested Capital vs Earnings before Tax

Accounts Relationship

Invested Capital vs Earnings before Tax

Significance: Almost Identical Trend

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

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Apple. There are two different methods for calculating Apple invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Earnings before Tax

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

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