Apple Invested Capital Average vs Earnings before Tax Analysis

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 Average and its Earnings before Tax accounts. Check also Trending Equities.

Invested Capital Average vs Earnings before Tax

Accounts Relationship

Invested Capital Average 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 Average account and Earnings before Tax

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital

Earnings before Tax

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

Did you try this?

Run Correlation Analysis Now
   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Correlation Analysis

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">