Market Cap : 2.25 T | Enterprise Value : 2.32 T | PE Ratio : 22.55 | PB Ratio : 33.41 |
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Apple's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $2,764 Mil. Apple's average total debt for the quarter that ended in Mar. 2022 was $121,390 Mil. Therefore, Apple's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 2.28%.
The historical data trend for Apple's Effective Interest Rate on Debt % 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.
For the Consumer Electronics subindustry, Apple's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Apple's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Apple's Effective Interest Rate on Debt % falls into.
Apple's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2021 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Sep. 2020 ) | + | Total Debt (A: Sep. 2021 )) | / count ) |
= | -1 * -2645 | / | ( (112436 | + | 124719) | / 2 ) |
= | -1 * -2645 | / | 118577.5 | |||
= | 2.23 % |
where
Total Debt (A: Sep. 2020 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 98667 | + | 13769 |
= | 112436 |
Total Debt (A: Sep. 2021 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 109106 | + | 15613 |
= | 124719 |
Apple's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Dec. 2021 ) | + | Total Debt (Q: Mar. 2022 )) | / count ) |
= | -1 * -2764 | / | ( (122798 | + | 119981) | / 2 ) |
= | -1 * -2764 | / | 121389.5 | |||
= | 2.28 % |
where
Total Debt (Q: Dec. 2021 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 106629 | + | 16169 |
= | 122798 |
Total Debt (Q: Mar. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 103323 | + | 16658 |
= | 119981 |
* 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.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Apple's Effective Interest Rate on Debt % 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 |
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