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 ratio646.1x
CashUS$67.15b
EquityUS$74.19b
Total liabilitiesUS$263.22b
Total assetsUS$337.41b

Recent financial health updates

Recent updates

Apple: Don't Bet Against The iPhone (Rating Downgrade)

Jun 16

Wall Street Brunch: Who Holds Sway? Powell Or Cook?

Jun 09

Apple: Relatively Immune From AI Disruption

May 29

Apple May Have 'Jumped The Shark' In Q2 - Here's A Put Option Opportunity

May 17

Apple: According To My Estimates, 72.3M iPhones Will Need To Be Replaced This Year

May 08

Here's What Analysts Are Forecasting For Apple Inc. (NASDAQ:AAPL) After Its Second-Quarter Results

May 07
Here's What Analysts Are Forecasting For Apple Inc. (NASDAQ:AAPL) After Its Second-Quarter Results

Sell Apple Before Earnings? Why The Best Days Could Be Over

May 02

A Look At The Fair Value Of Apple Inc. (NASDAQ:AAPL)

Apr 30
A Look At The Fair Value Of Apple Inc. (NASDAQ:AAPL)

High-Quality Dividend Growth Near 52-Week Lows: Apple Is Attractive

Apr 21

We Think Apple (NASDAQ:AAPL) Can Manage Its Debt With Ease

Apr 16
We Think Apple (NASDAQ:AAPL) Can Manage Its Debt With Ease

Apple's Technical Climb To $240 By Year-End

Apr 15

Apple: Don't Worry About Short-Term Concerns

Apr 09

Risks To Shareholder Returns Are Elevated At These Prices For Apple Inc. (NASDAQ:AAPL)

Apr 02
Risks To Shareholder Returns Are Elevated At These Prices For Apple Inc. (NASDAQ:AAPL)

Apple: Issues Are Overblown But Outlook Is Uncertain

Apr 01

Apple Stock: Cupertino, We Have A Problem

Mar 25

Here's Why Apple (NASDAQ:AAPL) Has Caught The Eye Of Investors

Mar 20
Here's Why Apple (NASDAQ:AAPL) Has Caught The Eye Of Investors

Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half

Mar 19

Apple: The Stock May Be Broken

Mar 13

Wall Street Lunch: EU Fines Apple Over Music Streaming Rules

Mar 04

Apple: Uninspiring Growth Outlook

Feb 27

Here's Why Shareholders May Want To Be Cautious With Increasing Apple Inc.'s (NASDAQ:AAPL) CEO Pay Packet

Feb 22
Here's Why Shareholders May Want To Be Cautious With Increasing Apple Inc.'s (NASDAQ:AAPL) CEO Pay Packet

Apple Still Has A China Problem

Feb 18

Apple: Hitting The Mark, Time For A Breather (Technical Analysis, Downgrade)

Feb 08

Apple Inc. (NASDAQ:AAPL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Feb 06
Apple Inc. (NASDAQ:AAPL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Apple Still Spinning Its Wheels

Feb 01

Apple Problem: It's Underperforming The Index (Technical Analysis, Downgrade)

Jan 26

Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)

Jan 21
Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)

Apple: Time To Face The Harsh Reality (Downgrade)

Jan 18

Amazon And Apple Look To New Findings To Expand Competitive Streaming Advantages In 2024

Jan 12

Is It Time To Consider Buying Apple Inc. (NASDAQ:AAPL)?

Jan 05
Is It Time To Consider Buying Apple Inc. (NASDAQ:AAPL)?

Apple Inc.'s (NASDAQ:AAPL) Shareholders Might Be Looking For Exit

Dec 21
Apple Inc.'s (NASDAQ:AAPL) Shareholders Might Be Looking For Exit

Financial 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).


Balance Sheet


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