Apple Other Operating Expenses vs Selling General Administrative Analysis

APLE Stock  USD 14.47  0.13  0.91%   
Apple Hospitality financial indicator trend analysis is way more than just evaluating Apple Hospitality REIT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple Hospitality REIT is a good investment. Please check the relationship between Apple Hospitality Other Operating Expenses and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Operating Expenses vs Selling General Administrative

Other Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apple Hospitality REIT Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apple Hospitality's Other Operating Expenses and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Apple Hospitality REIT, assuming nothing else is changed. The correlation between historical values of Apple Hospitality's Other Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Apple Hospitality REIT are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., Apple Hospitality's Other Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Apple Hospitality REIT. It is also known as Apple Hospitality overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Selling General Administrative

Most indicators from Apple Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apple Hospitality REIT current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Apple Hospitality's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 260.7 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 11.45.
 2021 2022 2023 2024 (projected)
Interest Expense67.7M59.7M92.7M97.3M
Depreciation And Amortization191.6M206.1M183.2M132.7M

Apple Hospitality fundamental ratios Correlations

0.960.370.990.180.96-0.880.97-0.311.00.580.34-0.310.750.990.670.91-0.31-0.440.970.570.230.10.990.220.96
0.960.280.9-0.011.0-0.910.95-0.340.960.690.45-0.340.710.940.760.97-0.46-0.471.00.450.110.010.950.130.91
0.370.280.410.550.27-0.160.380.070.37-0.29-0.140.070.20.330.210.040.09-0.070.290.170.20.820.350.670.4
0.990.90.410.290.89-0.830.94-0.270.980.490.27-0.270.740.980.60.84-0.21-0.40.910.620.30.150.990.270.95
0.18-0.010.550.29-0.040.210.140.270.18-0.52-0.540.270.020.14-0.06-0.150.270.340.00.190.160.590.160.290.21
0.961.00.270.89-0.04-0.90.94-0.430.960.690.41-0.430.70.940.740.97-0.45-0.430.990.460.11-0.010.940.140.89
-0.88-0.91-0.16-0.830.21-0.9-0.870.27-0.88-0.79-0.640.27-0.77-0.9-0.62-0.910.480.58-0.91-0.49-0.10.04-0.90.01-0.82
0.970.950.380.940.140.94-0.87-0.290.970.570.32-0.290.740.960.720.9-0.4-0.450.960.490.140.090.950.20.95
-0.31-0.340.07-0.270.27-0.430.27-0.29-0.31-0.350.111.0-0.18-0.28-0.12-0.370.19-0.1-0.34-0.240.080.22-0.3-0.1-0.2
1.00.960.370.980.180.96-0.880.97-0.310.580.34-0.310.750.990.670.91-0.34-0.430.970.570.20.10.990.210.95
0.580.69-0.290.49-0.520.69-0.790.57-0.350.580.64-0.350.460.590.510.79-0.55-0.60.680.26-0.08-0.30.59-0.440.52
0.340.45-0.140.27-0.540.41-0.640.320.110.340.640.110.290.380.340.49-0.49-0.770.430.120.02-0.240.37-0.140.34
-0.31-0.340.07-0.270.27-0.430.27-0.291.0-0.31-0.350.11-0.18-0.28-0.12-0.370.19-0.1-0.34-0.240.080.22-0.3-0.1-0.2
0.750.710.20.740.020.7-0.770.74-0.180.750.460.29-0.180.780.390.69-0.21-0.340.720.590.120.060.780.050.67
0.990.940.330.980.140.94-0.90.96-0.280.990.590.38-0.280.780.630.9-0.3-0.460.950.650.240.081.00.190.94
0.670.760.210.6-0.060.74-0.620.72-0.120.670.510.34-0.120.390.630.74-0.39-0.520.75-0.140.26-0.160.630.180.78
0.910.970.040.84-0.150.97-0.910.9-0.370.910.790.49-0.370.690.90.74-0.5-0.470.970.430.06-0.20.9-0.030.85
-0.31-0.460.09-0.210.27-0.450.48-0.40.19-0.34-0.55-0.490.19-0.21-0.3-0.39-0.50.43-0.45-0.010.680.11-0.290.29-0.29
-0.44-0.47-0.07-0.40.34-0.430.58-0.45-0.1-0.43-0.6-0.77-0.1-0.34-0.46-0.52-0.470.43-0.46-0.05-0.180.15-0.44-0.07-0.54
0.971.00.290.910.00.99-0.910.96-0.340.970.680.43-0.340.720.950.750.97-0.45-0.460.470.110.020.950.140.91
0.570.450.170.620.190.46-0.490.49-0.240.570.260.12-0.240.590.65-0.140.43-0.01-0.050.470.040.230.630.010.4
0.230.110.20.30.160.11-0.10.140.080.2-0.080.020.080.120.240.260.060.68-0.180.110.04-0.040.240.410.35
0.10.010.820.150.59-0.010.040.090.220.1-0.3-0.240.220.060.08-0.16-0.20.110.150.020.23-0.040.090.190.06
0.990.950.350.990.160.94-0.90.95-0.30.990.590.37-0.30.781.00.630.9-0.29-0.440.950.630.240.090.20.94
0.220.130.670.270.290.140.010.2-0.10.21-0.44-0.14-0.10.050.190.18-0.030.29-0.070.140.010.410.190.20.29
0.960.910.40.950.210.89-0.820.95-0.20.950.520.34-0.20.670.940.780.85-0.29-0.540.910.40.350.060.940.29
Click cells to compare fundamentals

Apple Hospitality Account Relationship Matchups

Apple Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B4.8B4.8B4.8B4.9B3.7B
Short Long Term Debt Total1.5B1.7B1.6B1.5B1.5B975.6M
Total Current Liabilities114.4M97.9M92.7M116.1M129.9M157.6M
Total Stockholder Equity3.3B3.0B3.1B3.2B3.3B2.7B
Property Plant And Equipment Net28.3M27.3M27.1M26.3M25.4M24.1M
Net Debt1.8B1.7B1.5B1.5B1.5B935.4M
Retained Earnings(1.2B)(1.4B)(1.4B)(1.4B)(1.5B)(1.4B)
Accounts Payable114.4M97.9M92.7M116.1M129.9M79.1M
Cash(216.6M)5.6M3.3M4.1M43.6M30.9M
Non Current Assets Total4.9B4.8B4.7B4.7B4.8B3.6B
Non Currrent Assets Other4.8B4.7B4.7B4.6B4.8B5.0B
Other Assets9.3M4.8B4.8B48.2M4.9B5.2B
Cash And Short Term Investments(216.6M)5.6M3.3M4.1M43.6M30.9M
Net Receivables26.9M22.1M40.1M43.3M36.9M26.5M
Common Stock Total Equity4.5B4.5B4.6B4.6B5.3B3.5B
Common Stock Shares Outstanding223.9M223.5M226.4M228.9M229.3M195.6M
Liabilities And Stockholders Equity4.9B4.8B4.8B4.8B4.9B3.7B
Non Current Liabilities Total1.5B1.7B1.6B1.5B1.5B892.2M
Other Current Assets(62.1M)(56.8M)(80.3M)39.4M(80.6M)(76.5M)
Other Stockholder Equity302K198K(1.4B)36.9M(1.5B)(1.4B)
Total Liab1.7B1.8B1.6B1.6B1.6B1.0B
Total Current Assets73.7M61.8M80.0M86.8M95.3M81.6M
Accumulated Other Comprehensive Income(4.7M)(42.8M)(15.5M)36.9M20.4M21.4M
Short Term Debt50.9M105.8M76M112.0M119.8M171.1M
Common Stock4.5B4.5B4.6B4.6B4.8B3.6B
Other Current Liab(50.9M)(105.8M)(76M)(112.0M)(119.8M)(125.8M)
Net Tangible Assets3.3B3.0B3.1B3.2B3.7B3.0B
Long Term Debt1.3B1.5B1.4B1.4B1.4B1.0B
Retained Earnings Total Equity(1.2B)(1.4B)(1.4B)(1.4B)(1.3B)(1.4B)
Short Term Investments9.7M14K79K36.9M18.1M15.4M
Long Term Debt Total1.3B1.5B1.4B1.4B1.6B1.0B
Inventory63.1M325.5M90.9M117.0M134.5M141.2M
Deferred Long Term Liab2.6M2.1M1M4.8M5.5M5.8M
Property Plant Equipment4.8B4.7B4.7B4.6B5.3B4.1B
Short Long Term Debt268.8M50.9M105.8M76M68.4M65.0M

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When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Apple Hospitality's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple Hospitality. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.554
Dividend Share
0.96
Earnings Share
0.85
Revenue Per Share
5.855
Quarterly Revenue Growth
0.058
The market value of Apple Hospitality REIT is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.