Switch to:
GuruFocus has detected 7 Warning Signs with Apple Inc \$AAPL.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Apple Inc (NAS:AAPL)
Total Equity
\$128,249 Mil (As of Sep. 2016)

Apple Inc's total equity for the quarter that ended in Sep. 2016 was \$128,249 Mil.

Total equity is used to calculate book value per share. Apple Inc's book value per share for the quarter that ended in Sep. 2016 was \$24.03. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Apple Inc's debt to equity ratio for the quarter that ended in Sep. 2016 was 0.68.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Apple Inc's Total Equity for the fiscal year that ended in Sep. 2016 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 321686 - 193437 = 128,249

Apple Inc's Total Equity for the quarter that ended in Sep. 2016 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 321686 - 193437 = 128,249

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Apple Inc's Book Value Per Share for the quarter that ended in Sep. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (128249 - 0) / 5336.17 = 24.03

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Apple Inc's Debt to Equity Ratio for the quarter that ended in Sep. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (11605 + 75427) / 128249 = 0.68

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Apple Inc Annual Data

 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Total Equity 14,532 22,297 31,640 47,791 76,615 118,210 123,549 111,547 119,355 128,249

Apple Inc Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Equity 120,940 111,547 123,328 129,006 125,677 119,355 128,267 130,457 126,541 128,249
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)