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    Debt To Assets

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    sue
    Apple has a total debt of $121 billion and total assets of $352.8 billion, giving it a debt to assets ratio of 0.34. This ratio is higher than some competitors like Cisco (0.10) and Super Micro Computer (0.19) but lower than Enphase Energy (0.42). Within its sector and industry, Apple's debt to assets ratio of 0.34 is close to the average of 0.29 for technology hardware and equipment firms and 0.26 for information technology companies overall.

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    Debt To Assets

    Uploaded by

    sue
    10 views2 pages
    Apple has a total debt of $121 billion and total assets of $352.8 billion, giving it a debt to assets ratio of 0.34. This ratio is higher than some competitors like Cisco (0.10) and Super Micro Computer (0.19) but lower than Enphase Energy (0.42). Within its sector and industry, Apple's debt to assets ratio of 0.34 is close to the average of 0.29 for technology hardware and equipment firms and 0.26 for information technology companies overall.

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    Debt-to-Assets

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    Apple has a total debt of $121 billion and total assets of $352.8 billion, giving it a debt to assets ratio of 0.34. This ratio is higher than some competitors like Cisco (0.10) and Super Micro Computer (0.19) but lower than Enphase Energy (0.42). Within its sector and industry, Apple's debt to assets ratio of 0.34 is close to the average of 0.29 for technology hardware and equipment firms and 0.26 for information technology companies overall.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    10 views2 pages

    Debt To Assets

    Uploaded by

    sue
    Apple has a total debt of $121 billion and total assets of $352.8 billion, giving it a debt to assets ratio of 0.34. This ratio is higher than some competitors like Cisco (0.10) and Super Micro Computer (0.19) but lower than Enphase Energy (0.42). Within its sector and industry, Apple's debt to assets ratio of 0.34 is close to the average of 0.29 for technology hardware and equipment firms and 0.26 for information technology companies overall.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Apple Inc.

    Debt to Assets
    Sep 24, 2022

    Selected Financial Data (US$ in millions)


    Current portion of finance leases 129
    Commercial paper 9,982
    Current portion of term debt 11,128
    Non-current portion of term debt 98,959
    Non-current portion of finance leases 812
    Total debt 121,010

    Total assets 352,755

    Solvency Ratio
    Debt to assets 0.34

    Benchmarks

    Debt to Assets, Competitors


    Arista Networks Inc. —
    Cisco Systems Inc. 0.10
    Enphase Energy Inc. 0.42
    Super Micro Computer, Inc. 0.19
    Debt to Assets, Sector
    Technology Hardware & Equipment 0.29
    Debt to Assets, Industry
    Information Technology 0.26
    Source: https://www.stock-analysis-on.net/NASDAQ/Company/Apple-Inc/Ratios/Long-term-Debt-and-Solvency
    Sep 25, 2021 Sep 26, 2020 Sep 28, 2019 Sep 29, 2018 Sep 30, 2017

    79 24 — — —
    6,000 4,996 5,980 11,964 11,977
    9,613 8,773 10,260 8,784 6,496
    109,106 98,667 91,807 93,735 97,207
    769 637 — — —
    125,567 113,097 108,047 114,483 115,680

    351,002 323,888 338,516 365,725 375,319

    0.36 0.35 0.32 0.31 0.31

    — — — 0.01 —
    0.12 0.15 0.25 0.24 —
    0.50 0.28 0.15 0.32 —
    0.04 0.02 0.01 0.07 —

    0.30 0.30 0.30 0.29 —

    0.28 0.30 0.31 0.30 —

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