APA Financial Statements From 2010 to 2024

APA Stock  USD 33.71  0.83  2.52%   
APA financial statements provide useful quarterly and yearly information to potential APA Corporation investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on APA financial statements helps investors assess APA's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting APA's valuation are summarized below:
Gross Profit
7.6 B
Profit Margin
0.3528
Market Capitalization
9.9 B
Enterprise Value Revenue
1.8289
Revenue
8.1 B
We have found one hundred twenty available fundamental measures for APA, which can be analyzed and compared to other ratios and to its peers in the sector. All investors should make sure to validate all of APA latest market performance against the performance between 2010 and 2024 to make sure the company can sustain itself in the future.
Check APA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among APA main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 343.4 M or Selling General Administrative of 231.5 M, as well as many exotic indicators such as Short Term Coverage Ratios of 25.19, Price Earnings Ratio of 3.68 or Price To Sales Ratio of 2.65. APA financial statements analysis is a perfect complement when working with APA Valuation or Volatility modules.
  
This module can also supplement APA's financial leverage analysis and stock options assessment as well as various APA Technical models . Check out the analysis of APA Correlation against competitors.

APA Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets18.2 B15.2 B27.1 B
Slightly volatile
Short and Long Term Debt Total4.5 B5.3 B7.7 B
Pretty Stable
Other Current Liabilities321.1 M338 M1.9 B
Slightly volatile
Total Current Liabilities1.7 B2.4 B2.6 B
Slightly volatile
Property Plant And Equipment Net15.3 B10 B22.3 B
Slightly volatile
Net Debt4.1 B5.2 BB
Pretty Stable
Cash82.7 M87 M640.7 M
Pretty Stable
Non Current Assets Total16.1 B12.8 B23.8 B
Slightly volatile
Non Currrent Assets Other19.9 M21 M685.1 M
Slightly volatile
Cash And Short Term Investments82.7 M87 M640.7 M
Pretty Stable
Net Receivables1.1 B1.6 B1.6 B
Slightly volatile
Common Stock Shares Outstanding295.8 M309 M348.4 M
Pretty Stable
Liabilities And Stockholders Equity18.2 B15.2 B27.1 B
Slightly volatile
Non Current Liabilities TotalB9.1 B13.1 B
Slightly volatile
Inventory303.3 M453 M509.3 M
Slightly volatile
Other Current Assets212.8 M224 M2.3 B
Slightly volatile
Other Stockholder Equity5.2 B5.3 B7.9 B
Pretty Stable
Total Liabilities9.8 B11.6 B15.8 B
Slightly volatile
Property Plant And Equipment Gross48.5 B46.2 B29.2 B
Very volatile
Total Current Assets2.1 B2.5 B3.3 B
Slightly volatile
Short Term Debt112.1 M118 M1.5 B
Pretty Stable
Accounts Payable544.3 M658 M762.3 M
Pretty Stable
Common Stock Total Equity247.6 M301.3 M251.5 M
Slightly volatile
Common Stock252.5 M263 M249.3 M
Slightly volatile
Other Liabilities2.8 B3.8 B3.3 B
Very volatile
Other Assets4.7 B4.5 B1.8 B
Slightly volatile
Long Term Debt6.7 B5.2 B7.8 B
Pretty Stable
Property Plant Equipment28.9 B47.4 B32.7 B
Very volatile
Good Will95 M100 M329.3 M
Slightly volatile
Intangible Assets95 M100 M329.3 M
Slightly volatile
Long Term Debt Total6.6 B4.4 B7.9 B
Slightly volatile
Capital Surpluse11.5 B9.2 B10.5 B
Pretty Stable
Non Current Liabilities Other442.7 M466 MB
Slightly volatile
Short and Long Term Debt1.7 M1.8 M4.4 B
Slightly volatile
Net Invested CapitalB7.8 B12.6 B
Slightly volatile
Long Term Investments865.9 M437 M495.1 M
Slightly volatile
Capital Stock287.8 M263 M262.5 M
Slightly volatile
Warrants687.5 M818.8 M605.9 M
Slightly volatile
Capital Lease Obligations106.7 M116 M153 M
Slightly volatile

APA Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 B1.5 B1.5 B
Pretty Stable
Selling General Administrative231.5 M351 M380.7 M
Very volatile
Total Revenue6.5 B8.3 B8.9 B
Slightly volatile
Other Operating Expenses4.9 B4.9 B8.4 B
Pretty Stable
Cost Of Revenue3.2 B4.1 B6.8 B
Pretty Stable
Total Operating Expenses1.7 B851 M1.6 B
Slightly volatile
Interest Income9.7 MM10.2 M
Pretty Stable
Reconciled Depreciation1.5 B1.5 BB
Slightly volatile

APA Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow436.2 M245 M667.8 M
Very volatile
Depreciation1.6 B1.5 B1.5 B
Pretty Stable
Capital Expenditures3.3 B2.4 B4.5 B
Slightly volatile
Total Cash From Operating Activities3.5 B3.1 B4.5 B
Slightly volatile
End Period Cash Flow82.7 M87 M641.4 M
Pretty Stable
Issuance Of Capital Stock1.2 M900 K1.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios25.1926.5169210
Slightly volatile
Price To Sales Ratio2.651.33482.014
Pretty Stable
Dividend Yield0.02930.02790.0205
Slightly volatile
Operating Cycle177112180
Slightly volatile
Days Of Payables Outstanding56.3159.272148
Slightly volatile
Operating Cash Flow Per Share7.4310.159112.0203
Slightly volatile
Price To Operating Cash Flows Ratio5.393.53184.2853
Very volatile
Inventory Turnover12.338.944812.3794
Very volatile
Ebt Per Ebit0.40.42132.0293
Very volatile
Payables Turnover4.086.15819.0048
Very volatile
Long Term Debt To Capitalization0.370.66140.5936
Slightly volatile
Cash Per Share0.270.28251.7178
Slightly volatile
Total Debt To Capitalization0.370.66640.597
Slightly volatile
Quick Ratio0.70.70590.8769
Pretty Stable
Net Income Per E B T0.540.99030.8042
Very volatile
Cash Ratio0.03440.03620.2781
Pretty Stable
Operating Cash Flow Sales Ratio0.560.37790.4949
Slightly volatile
Days Of Inventory Outstanding38.7740.8058104
Slightly volatile
Days Of Sales Outstanding84.1170.980871.7888
Slightly volatile
Cash Flow Coverage Ratios0.790.58990.6197
Slightly volatile
Current Ratio0.921.02411.2649
Pretty Stable
Fixed Asset Turnover0.870.82480.5267
Slightly volatile
Price Cash Flow Ratio5.393.53184.2853
Very volatile
Debt Ratio0.250.34790.351
Slightly volatile
Cash Flow To Debt Ratio0.790.58990.6197
Slightly volatile
Price Sales Ratio2.651.33482.014
Pretty Stable
Receivables Turnover5.045.14225.3873
Slightly volatile
Asset Turnover0.30.54310.3682
Slightly volatile

APA Fundamental Market Drivers

Forward Price Earnings7.764
Cash And Short Term Investments87 M

APA Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About APA Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include APA income statement, its balance sheet, and the statement of cash flows. APA investors use historical funamental indicators, such as APA's revenue or net income, to determine how well the company is positioned to perform in the future. Although APA investors may use each financial statement separately, they are all related. The changes in APA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on APA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on APA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in APA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.2 B1.2 B
Total Revenue8.3 B6.5 B
Cost Of Revenue4.1 B3.2 B
Ebit Per Revenue 0.83  0.87 

Pair Trading with APA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if APA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in APA will appreciate offsetting losses from the drop in the long position's value.

Moving together with APA Stock

  0.71EP Empire Petroleum CorpPairCorr

Moving against APA Stock

  0.51HPKEW HighPeak EnergyPairCorr
The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back APA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling APA Corporation to buy it.
The correlation of APA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for APA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out the analysis of APA Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for APA Stock analysis

When running APA's price analysis, check to measure APA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Is APA'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 APA. If investors know APA 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 APA 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
3.272
Dividend Share
1
Earnings Share
9.25
Revenue Per Share
26.276
Quarterly Revenue Growth
(0.15)
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.