What is Apple current ratio?
Apple has a strong current ratio, which evaluates its current assets in relation to its current liabilities, of 1.07.
What is Apple’s current ratio 2020?
Apple’s current ratio hit its five-year low in September 2021 of 1.1x. Apple’s current ratio decreased in 2017 (1.3x, -5.7%), 2018 (1.1x, -11.2%), 2020 (1.4x, -11.5%) and 2021 (1.1x, -21.2%) and increased in 2019 (1.5x, +35.9%).
Why is Apple’s current ratio so low?
You’ll notice that Apple’s quick ratio is only slightly lower than its current ratio. The reason is that Apple has relatively little inventory. While that may be surprising for a company that sells consumer products, it’s a testament to Apple’s incredible supply chain efficiency.
Is Apple highly leveraged?
Apple reported in its 2021 10-K statement that it possessed $172.6 billion spread between cash, cash equivalents, and unrestricted marketable securities. 3 Apple’s highly leveraged capital structure should still not pose a threat to the company’s solvency for the foreseeable future.
What is Apple’s debt to equity ratio?
The debt/equity ratio can be defined as a measure of a company’s financial leverage calculated by dividing its long-term debt by stockholders’ equity. Apple debt/equity for the three months ending March 31, 2022 was 1.53.
What is Apple’s current ratio 2019?
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| Apple Current Ratio Historical Data | ||
|---|---|---|
| Date | Current Assets | Current Ratio |
| 2019-09-30 | $162.82B | 1.54 |
| 2019-06-30 | $134.97B | 1.51 |
| 2019-03-31 | $123.35B | 1.32 |
What is Apple’s debt to value ratio?
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| Apple Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Debt to Equity Ratio |
| 2020-03-31 | $241.98B | 3.09 |
| 2019-12-31 | $251.09B | 2.80 |
| 2019-09-30 | $248.03B | 2.74 |
What is Apple debt to assets ratio?
Considering Apple’s $351.00 billion in total assets, the debt-ratio is at 0.36. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets.
What is Apple’s WACC?
Apple WACC – Weighted Average Cost of Capital The WACC of Apple Inc (AAPL) is 7.5%. The Cost of Equity of Apple Inc (AAPL) is 7.75%.
Does Apple have a lot of debt?
According to the Apple’s most recent balance sheet as reported on October 29, 2021, total debt is at $124.72 billion, with $109.11 billion in long-term debt and $15.61 billion in current debt. Adjusting for $34.94 billion in cash-equivalents, the company has a net debt of $89.78 billion.
What is apples debt?
Apple long term debt for 2020 was $98.667B, a 7.47% increase from 2019. Apple long term debt for 2019 was $91.807B, a 2.06% decline from 2018.
Does Apple have high debt?