Apple Balance Sheet Health

Financial Health criteria checks 3/6

Apple has a total shareholder equity of $57.0B and total debt of $106.6B, which brings its debt-to-equity ratio to 187.2%. Its total assets and total liabilities are $365.0B and $308.0B respectively. Apple's EBIT is $123.2B making its interest coverage ratio 673.3. It has cash and short-term investments of $65.2B.

Key information

187.2%

Debt to equity ratio

US$106.63b

Debt

Interest coverage ratio673.3x
CashUS$65.17b
EquityUS$56.95b
Total liabilitiesUS$308.03b
Total assetsUS$364.98b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AAPL's short term assets ($153.0B) do not cover its short term liabilities ($176.4B).

Long Term Liabilities: AAPL's short term assets ($153.0B) exceed its long term liabilities ($131.6B).


Debt to Equity History and Analysis

Debt Level: AAPL's net debt to equity ratio (72.8%) is considered high.

Reducing Debt: AAPL's debt to equity ratio has increased from 119.4% to 187.2% over the past 5 years.

Debt Coverage: AAPL's debt is well covered by operating cash flow (110.9%).

Interest Coverage: AAPL's interest payments on its debt are well covered by EBIT (673.3x coverage).


Balance Sheet


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