APA Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of APA Corporation Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between APA's Total Assets and Net Working Capital is 0.52. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of APA Corporation are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., APA's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Working Capital

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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.