Apple Balance Sheet Health
Financial Health criteria checks 3/6
Apple has a total shareholder equity of $74.2B and total debt of $104.6B, which brings its debt-to-equity ratio to 141%. Its total assets and total liabilities are $337.4B and $263.2B respectively. Apple's EBIT is $118.2B making its interest coverage ratio 646.1. It has cash and short-term investments of $67.2B.
Key information
141.0%
Debt to equity ratio
US$104.59b
Debt
| Interest coverage ratio | 646.1x |
| Cash | US$67.15b |
| Equity | US$74.19b |
| Total liabilities | US$263.22b |
| Total assets | US$337.41b |
Recent financial health updates
Recent updates
Despite Its Great Products, Apple Has Lost Its Mojo - Yet The Stock Is A Trading Buy
Jul 08At US$211, Is Apple Inc. (NASDAQ:AAPL) Worth Looking At Closely?
Jul 01
Apple: Upgrading To Buy On New Catalyst And Adjusted Smartphone Expectations
Jul 01Apple Has Won The Generative AI War: Here Comes The Supercycle
Jun 24Apple: Don't Bet Against The iPhone (Rating Downgrade)
Jun 16Wall Street Brunch: Who Holds Sway? Powell Or Cook?
Jun 09Apple: Relatively Immune From AI Disruption
May 29Apple May Have 'Jumped The Shark' In Q2 - Here's A Put Option Opportunity
May 17Apple: According To My Estimates, 72.3M iPhones Will Need To Be Replaced This Year
May 08Here's What Analysts Are Forecasting For Apple Inc. (NASDAQ:AAPL) After Its Second-Quarter Results
May 07Sell Apple Before Earnings? Why The Best Days Could Be Over
May 02A Look At The Fair Value Of Apple Inc. (NASDAQ:AAPL)
Apr 30High-Quality Dividend Growth Near 52-Week Lows: Apple Is Attractive
Apr 21We Think Apple (NASDAQ:AAPL) Can Manage Its Debt With Ease
Apr 16Apple's Technical Climb To $240 By Year-End
Apr 15Apple: Don't Worry About Short-Term Concerns
Apr 09Risks To Shareholder Returns Are Elevated At These Prices For Apple Inc. (NASDAQ:AAPL)
Apr 02Apple: Issues Are Overblown But Outlook Is Uncertain
Apr 01Apple Stock: Cupertino, We Have A Problem
Mar 25Here's Why Apple (NASDAQ:AAPL) Has Caught The Eye Of Investors
Mar 20Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half
Mar 19Apple: The Stock May Be Broken
Mar 13Wall Street Lunch: EU Fines Apple Over Music Streaming Rules
Mar 04Apple: Uninspiring Growth Outlook
Feb 27Here's Why Shareholders May Want To Be Cautious With Increasing Apple Inc.'s (NASDAQ:AAPL) CEO Pay Packet
Feb 22Apple Still Has A China Problem
Feb 18Apple: Hitting The Mark, Time For A Breather (Technical Analysis, Downgrade)
Feb 08Apple Inc. (NASDAQ:AAPL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Feb 06Apple Still Spinning Its Wheels
Feb 01Apple Problem: It's Underperforming The Index (Technical Analysis, Downgrade)
Jan 26Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)
Jan 21Apple: Time To Face The Harsh Reality (Downgrade)
Jan 18Amazon And Apple Look To New Findings To Expand Competitive Streaming Advantages In 2024
Jan 12Financial Position Analysis
Short Term Liabilities: AAPL's short term assets ($128.4B) exceed its short term liabilities ($123.8B).
Long Term Liabilities: AAPL's short term assets ($128.4B) do not cover its long term liabilities ($139.4B).
Debt to Equity History and Analysis
Debt Level: AAPL's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: AAPL's debt to equity ratio has increased from 106.4% to 141% over the past 5 years.
Debt Coverage: AAPL's debt is well covered by operating cash flow (105.7%).
Interest Coverage: AAPL's interest payments on its debt are well covered by EBIT (646.1x coverage).