Market Cap : 2.25 T | Enterprise Value : 2.32 T | PE Ratio : 22.55 | PB Ratio : 33.41 |
---|
NAS:AAPL has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:AAPL has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Apple's quarterly cash and cash equivalents increased from Sep. 2021 ($34,940.00 Mil) to Dec. 2021 ($37,119.00 Mil) but then stayed the same from Dec. 2021 ($37,119.00 Mil) to Mar. 2022 ($28,098.00 Mil).
Apple's annual cash and cash equivalents declined from Sep. 2019 ($48,844.00 Mil) to Sep. 2020 ($38,016.00 Mil) and declined from Sep. 2020 ($38,016.00 Mil) to Sep. 2021 ($34,940.00 Mil).
The historical data trend for Apple's Cash And Cash Equivalents can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.
A high number means either:
1) The company has competitive advantage generating lots of cash
2) Just sold a business or bonds (not necessarily good)
A low stockpile of cash usually means poor to mediocre economics.
There are 3 ways to create large cash reserve.
1) Sell new bonds or equity to public
2) Sell business or asset
3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)
When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.
Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.
Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.
Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.
Thank you for viewing the detailed overview of Apple's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
Kondo Chris | officer: Principal Accounting Officer | 1 INFINITE LOOP CUPERTINO CA 95014 |
Maestri Luca | officer: Senior Vice President, CFO | 1 INFINITE LOOP CUPERTINO CA 95014 |
Adams Katherine L. | officer: SVP, GC and Secretary | APPLE INC. 1 INFINITE LOOP CUPERTINO CA 95014 |
Williams Jeffrey E | officer: COO | ONE INFINITE LOOP CUPERTINO CA 95014 |
Cook Timothy D | director, officer: Chief Executive Officer | C/O APPLE INC ONE INFINITE LOOP CUPERTINO CA 95014 |
Jung Andrea | director | C/O APPLE INC ONE APPLE PARK WAY CUPERTINO CA 95014 |
Wagner Susan | director | C/O BLACKROCK, INC. 40 EAST 52ND STREET NEW YORK NY 10022 |
Bell James A | director | C/O THE DOW CHEMICAL COMPANY 2211 H.H. DOW WAY MIDLAND MI 48674 |
Levinson Arthur D | director | C/O GENENTECH INC 1 DNA WAY MS 49 SOUTH SAN FRANCISCO CA 94080-4990 |
Sugar Ronald D | director | 10877 WILSHIRE BLVD. SUITE 1650 LOS ANGELES CA 900274 |
Gore Albert Jr | director | C/O APPLE INC 1 INFINITE LOOP CUPERTINO CA 95014 |
Iger Robert A | director | C/O WALT DISNEY CO 500 S BUENA VISTA STREET BURBANK CA 91521-1062 |
Ahrendts Angela J | officer: Senior Vice President | 1 INFINITE LOOP CUPERTINO CA 95014 |
Srouji Johny | officer: Senior Vice President | 1 INFINITE LOOP CUPERTINO CA 95014 |
Federighi Craig | officer: Senior Vice President | 807 11TH AVENUE SUNNYVALE CA 94089 |
Other Sources
By Zacks 2022-04-01
By Fool 2022-04-02
By Zacks 2022-04-05
By Zacks 2022-04-04
By Zacks 2022-04-05
By Fool 2022-04-05
By tipranks.com 2022-03-31
By Fool 2022-04-01
By Zacks 2022-04-04
By Zacks 2022-04-01
By Fool 2022-04-05
By tipranks.com 2022-04-04
By Zacks 2022-04-01
By Fool 2022-04-03
By Zacks 2022-04-04