APA Price to Earnings Ratio vs Direct Expenses Analysis
APA Stock | USD 30.38 0.50 1.62% |
Trend analysis of APA Corporation balance sheet accounts such as Short Long Term Debt Total of 4.5 B, Other Current Liabilities of 321.1 M or Total Current Liabilities of 1.7 B provides information on APA's total assets, liabilities, and equity, which is the actual value of APA Corporation to its prevalent stockholders. By breaking down trends over time using APA balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
APA |
About APA Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of APA Corporation at a specified time, usually calculated after every quarter, six months, or one year. APA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of APA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which APA currently owns. An asset can also be divided into two categories, current and non-current.
APA Balance Sheet Chart
APA Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how APA Corporation uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, APA's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 15.3 B, whereas Short and Long Term Debt Total is forecasted to decline to about 4.5 B. Add Fundamental
Total Assets
Total assets refers to the total amount of APA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in APA Corporation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on APA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of APA Corporation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from APA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APA Corporation 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 APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, APA's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Selling General Administrative is forecasted to decline to about 231.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 620M | 1.0B | 851M | 1.7B | Cost Of Revenue | 4.4B | 4.8B | 4.1B | 3.2B |
APA fundamental ratios Correlations
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APA Account Relationship Matchups
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High Negative Relationship
APA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.1B | 12.7B | 13.3B | 13.1B | 15.2B | 18.2B | |
Short Long Term Debt Total | 8.6B | 8.8B | 7.5B | 5.5B | 5.3B | 4.5B | |
Other Current Liab | 1.8B | 1.3B | 1.9B | 2.1B | 338M | 321.1M | |
Total Current Liabilities | 1.9B | 1.3B | 2.1B | 2.9B | 2.4B | 1.7B | |
Total Stockholder Equity | 3.3B | (1.6B) | (1.6B) | 423M | 2.7B | 2.5B | |
Property Plant And Equipment Net | 14.2B | 8.8B | 8.3B | 9.0B | 10.0B | 15.3B | |
Net Debt | 8.3B | 8.5B | 7.2B | 5.2B | 5.2B | 4.1B | |
Retained Earnings | (5.6B) | (10.5B) | (9.5B) | (5.8B) | (3.0B) | (2.8B) | |
Cash | 247M | 262M | 302M | 245M | 87M | 82.7M | |
Non Current Assets Total | 16.1B | 10.9B | 10.9B | 10.4B | 12.8B | 16.1B | |
Non Currrent Assets Other | 614M | 526M | 1.2B | 803M | 21M | 20.0M | |
Cash And Short Term Investments | 247M | 262M | 302M | 245M | 87M | 82.7M | |
Net Receivables | 1.1B | 908M | 1.4B | 1.5B | 1.6B | 1.1B | |
Liabilities And Stockholders Equity | 18.1B | 12.7B | 13.3B | 13.1B | 15.2B | 18.2B | |
Non Current Liabilities Total | 11.8B | 12.1B | 11.9B | 8.9B | 9.1B | 8.0B | |
Inventory | 502M | 492M | 473M | 427M | 453M | 303.3M | |
Other Current Assets | 1.7B | 1.6B | 2.1B | 2.5B | 224M | 212.8M | |
Other Stockholder Equity | 8.5B | 8.4B | 7.6B | 6.0B | 5.3B | 5.2B | |
Total Liab | 13.6B | 13.4B | 14.0B | 11.8B | 11.6B | 9.8B | |
Property Plant And Equipment Gross | 14.2B | 8.8B | 8.3B | 43.6B | 46.2B | 48.5B | |
Total Current Assets | 2.0B | 1.8B | 2.4B | 2.7B | 2.5B | 2.1B | |
Short Term Debt | 150M | 11M | 2M | 215M | 118M | 112.1M | |
Accounts Payable | 695M | 444M | 731M | 771M | 658M | 544.3M | |
Common Stock Total Equity | 259M | 260M | 261M | 262M | 301.3M | 247.6M | |
Common Stock | 259M | 260M | 261M | 262M | 263M | 252.5M | |
Other Liab | 2.4B | 2.7B | 3.7B | 3.3B | 3.8B | 2.8B | |
Other Assets | 730M | 2.1B | 4.7B | 3.9B | 4.5B | 4.7B | |
Long Term Debt | 8.6B | 8.8B | 7.3B | 5.5B | 5.2B | 6.7B | |
Property Plant Equipment | 14.2B | 43.0B | 40.5B | 41.2B | 47.4B | 28.9B | |
Current Deferred Revenue | (695M) | (444M) | (731M) | 1.3B | 1.2B | 1.2B | |
Net Tangible Assets | 3.8B | (1.0B) | 94M | 2.3B | 2.0B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 1.2B | 994M | 878M | 984M | 885.6M | 841.3M | |
Retained Earnings Total Equity | (5.6B) | (10.5B) | (9.3B) | (5.8B) | (5.2B) | (4.9B) |
APA Investors Sentiment
The influence of APA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in APA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to APA's public news can be used to forecast risks associated with an investment in APA. The trend in average sentiment can be used to explain how an investor holding APA can time the market purely based on public headlines and social activities around APA Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
APA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for APA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average APA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on APA.
APA Implied Volatility | 24.5 |
APA's implied volatility exposes the market's sentiment of APA Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if APA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that APA stock will not fluctuate a lot when APA's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards APA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, APA's short interest history, or implied volatility extrapolated from APA options trading.
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
0.71 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
0.85 | SD | SandRidge Energy | PairCorr |
0.66 | SM | SM Energy | PairCorr |
Moving against APA Stock
0.47 | EP | Empire Petroleum Corp | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 (0.44) | Dividend Share 1 | Earnings Share 8.91 | Revenue Per Share 26.437 | Quarterly Revenue Growth (0.01) |
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.