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 ratio | 673.3x |
| Cash | US$65.17b |
| Equity | US$56.95b |
| Total liabilities | US$308.03b |
| Total assets | US$364.98b |
Recent financial health updates
Recent updates
Apple: Insourcing Can Structurally Lift Gross Margins
Dec 19Apple Moves Ahead In AI With New Broadcom Deal
Dec 12Why Apple Doesn't Need Nvidia
Dec 06Apple: Steady EPS Compounder, But The Past Will Not Repeat
Nov 27Buffett Keeps Selling Apple -- Should You, Too?
Nov 20Investors Can Find Comfort In Apple's (NASDAQ:AAPL) Earnings Quality
Nov 14
Apple's Q4 And FY 2024: A Superb Business Trading At A Real Overvaluation
Nov 14Apple: Time To Exit As Buffett Sells (Again) Amid China Woes
Nov 06Analysts Are Updating Their Apple Inc. (NASDAQ:AAPL) Estimates After Its Full-Year Results
Nov 02Apple: Looking At Arguments For A Strong Earnings Report
Oct 31Apple: Sluggish Growth Numbers Can Change The Narrative
Oct 24Calculating The Fair Value Of Apple Inc. (NASDAQ:AAPL)
Oct 23Can Apple's Services Segment Offset iPhone Weakness? (Rating Upgrade)
Oct 17Apple: High Valuation Does Not Account For The Risks
Oct 11When Should You Buy Apple Inc. (NASDAQ:AAPL)?
Oct 10Apple Might Be Tempting Ahead Of Q4, But A Correction Is Coming
Oct 04Apple Likely To Gain In The Holiday Quarter
Sep 28Apple: Risk From Trifold Smartphone Market
Sep 22Apple: Not Ready To Glow Up
Sep 16Wall Street Brunch: 'It's Glowtime' For Apple
Sep 08Why I Believe Apple's Stock Deserves Substantial Upside
Aug 25These 4 Measures Indicate That Apple (NASDAQ:AAPL) Is Using Debt Safely
Aug 22Apple: Red Flags Are Piling Up (Rating Downgrade)
Aug 19Apple: Apple Intelligence Taking The Center Stage
Aug 12Apple: Don't Blindly Follow Buffett's Dump
Aug 05Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Apple Inc. is covered by 98 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Per Anders Lindberg | ABG Sundal Collier |
| Mark Rosen | Accountability Research Corporation |
| Edward Zabitsky | ACI Research |