APA Accounts Payable vs Total Permanent Equity Analysis

APA Stock  USD 22.65  0.13  0.58%   
APA financial indicator trend analysis is way more than just evaluating APA Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APA Corporation is a good investment. Please check the relationship between APA Accounts Payable and its Total Permanent Equity accounts. 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.

Accounts Payable vs Total Permanent Equity

Accounts Payable vs Total Permanent Equity Correlation Analysis

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

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents APA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of APA Corporation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Permanent Equity

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 closely tied 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 Expenses620M1.0B524M497.8M
Cost Of Revenue4.4B4.8B2.4B3.2B

APA fundamental ratios Correlations

0.690.890.920.981.00.670.930.31.00.670.30.910.530.930.880.950.650.950.710.920.330.90.150.210.43
0.690.510.630.570.670.980.40.420.680.610.420.610.860.870.850.690.930.850.30.750.370.670.530.650.6
0.890.510.950.910.890.520.870.150.90.550.150.940.470.770.780.840.520.820.720.750.050.850.150.180.3
0.920.630.950.90.910.640.840.170.920.670.170.990.580.850.860.860.610.90.780.850.110.880.290.320.52
0.980.570.910.90.980.540.980.280.980.590.280.890.390.850.790.950.540.880.680.870.270.850.00.050.32
1.00.670.890.910.980.650.940.291.00.640.290.90.50.920.850.950.630.940.70.910.330.880.110.180.41
0.670.980.520.640.540.650.390.230.670.620.230.610.820.870.840.650.850.840.310.680.340.630.530.630.57
0.930.40.870.840.980.940.390.180.930.530.180.830.20.750.680.880.360.780.690.780.250.78-0.15-0.130.19
0.30.420.150.170.280.290.230.180.270.151.00.190.420.310.320.410.610.29-0.030.540.240.390.180.270.33
1.00.680.90.920.981.00.670.930.270.670.270.910.510.930.870.940.640.950.710.910.320.890.130.20.42
0.670.610.550.670.590.640.620.530.150.670.150.690.50.760.80.560.520.760.50.710.110.820.310.360.45
0.30.420.150.170.280.290.230.181.00.270.150.190.420.310.320.410.610.29-0.030.540.240.390.180.270.33
0.910.610.940.990.890.90.610.830.190.910.690.190.60.850.880.850.620.90.760.840.070.890.310.330.57
0.530.860.470.580.390.50.820.20.420.510.50.420.60.710.750.520.940.70.310.650.180.640.780.890.69
0.930.870.770.850.850.920.870.750.310.930.760.310.850.710.950.870.80.990.590.920.430.880.350.440.59
0.880.850.780.860.790.850.840.680.320.870.80.320.880.750.950.820.810.960.610.860.210.890.450.50.67
0.950.690.840.860.950.950.650.880.410.940.560.410.850.520.870.820.690.890.540.890.30.810.070.150.44
0.650.930.520.610.540.630.850.360.610.640.520.610.620.940.80.810.690.780.260.760.260.70.590.720.65
0.950.850.820.90.880.940.840.780.290.950.760.290.90.70.990.960.890.780.640.930.380.90.350.420.59
0.710.30.720.780.680.70.310.69-0.030.710.5-0.030.760.310.590.610.540.260.640.660.160.710.340.30.39
0.920.750.750.850.870.910.680.780.540.910.710.540.840.650.920.860.890.760.930.660.430.910.330.40.57
0.330.370.050.110.270.330.340.250.240.320.110.240.070.180.430.210.30.260.380.160.430.220.070.110.21
0.90.670.850.880.850.880.630.780.390.890.820.390.890.640.880.890.810.70.90.710.910.220.370.430.47
0.150.530.150.290.00.110.53-0.150.180.130.310.180.310.780.350.450.070.590.350.340.330.070.370.950.61
0.210.650.180.320.050.180.63-0.130.270.20.360.270.330.890.440.50.150.720.420.30.40.110.430.950.62
0.430.60.30.520.320.410.570.190.330.420.450.330.570.690.590.670.440.650.590.390.570.210.470.610.62
Click cells to compare fundamentals

APA Account Relationship Matchups

APA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B12.7B13.3B13.1B15.2B18.2B
Short Long Term Debt Total8.6B8.8B7.5B5.5B5.3B4.5B
Other Current Liab1.8B721M1.0B1.9B1.5B985.5M
Total Current Liabilities1.9B1.3B2.1B2.9B2.4B1.7B
Total Stockholder Equity3.3B(1.6B)(1.6B)423M2.7B2.5B
Property Plant And Equipment Net14.2B8.8B8.3B9.0B10.0B15.3B
Net Debt8.3B8.5B7.2B5.2B5.2B4.1B
Retained Earnings(5.6B)(10.5B)(9.5B)(5.8B)(3.0B)(2.8B)
Cash247M262M302M245M87M82.7M
Non Current Assets Total16.1B10.9B10.9B10.4B12.8B16.1B
Non Currrent Assets Other614M526M1.2B803M549M388.3M
Cash And Short Term Investments247M262M302M245M87M82.7M
Net Receivables1.1B908M1.4B1.5B1.6B1.1B
Liabilities And Stockholders Equity18.1B12.7B13.3B13.1B15.2B18.2B
Non Current Liabilities Total11.8B12.1B11.9B8.9B9.1B8.0B
Inventory502M492M473M427M453M303.3M
Other Current Assets1.7B184M211M570M312M296.4M
Other Stockholder Equity8.5B8.5B7.6B6.0B5.3B5.2B
Total Liab13.6B13.4B14.0B11.8B11.6B9.8B
Property Plant And Equipment Gross14.2B8.8B8.3B43.6B46.2B48.5B
Total Current Assets2.0B1.8B2.4B2.7B2.5B2.1B
Short Term Debt150M11M118M314M169M112.1M
Accounts Payable695M444M731M771M658M544.3M
Common Stock Total Equity259M260M261M262M301.3M247.6M
Common Stock259M260M261M262M263M252.5M
Other Liab2.4B2.7B3.7B3.3B3.8B2.8B
Other Assets730M2.1B4.7B3.9B4.5B4.7B
Long Term Debt8.6B8.8B7.3B5.5B5.2B6.7B
Property Plant Equipment14.2B43.0B40.5B41.2B47.4B28.9B
Current Deferred Revenue(695M)(444M)(731M)626M563.4M591.6M
Net Tangible Assets3.8B(1.0B)94M2.3B2.0B1.9B
Noncontrolling Interest In Consolidated Entity1.2B994M878M984M885.6M841.3M
Retained Earnings Total Equity(5.6B)(10.5B)(9.3B)(5.8B)(5.2B)(4.9B)

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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 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Exploration & Production space 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
0.186
Dividend Share
1
Earnings Share
7.04
Revenue Per Share
26.553
Quarterly Revenue Growth
0.104
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.