Apple (WBO:AAPL) Scaled Net Operating Assets

: 0.30 (As of Dec. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Apple's operating assets for the quarter that ended in Dec. 2023 was €257,140 Mil. Apple's operating liabilities for the quarter that ended in Dec. 2023 was €157,150 Mil. Apple's Total Assets for the quarter that ended in Sep. 2023 was €330,370 Mil. Therefore, Apple's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.30.

Apple Scaled Net Operating Assets Historical Data

The historical data trend for Apple's Scaled Net Operating Assets 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.

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Apple Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Scaled Net Operating Assets

0.28

0.24

0.39

0.41

0.29

Apple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets																0.31	0.33	0.32	0.34	0.30

Competitive Comparison

For the Consumer Electronics subindustry, Apple's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Apple Scaled Net Operating Assets Distribution

For the Hardware industry and Technology sector, Apple's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Apple's Scaled Net Operating Assets falls into.

Apple Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Apple's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Sep. 2023 )
=	(Operating Assets (A: Sep. 2023 )	-	Operating Liabilities (A: Sep. 2023 ))	/	Total Assets (A: Sep. 2022 )
=	(272693.236	-	168050.013)	/	356282.55
=	0.29

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	330370.271	-	57677.035
=	272693.236

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	272139.469	-	89278.297	-	14811.159
=	168050.013

Apple's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(257139.638	-	157149.958)	/	330370.271
=	0.30

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	324172.338	-	67032.7
=	257139.638

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	256222.638	-	87195.696	-	11876.984
=	157149.958

Apple Scaled Net Operating Assets Related Terms

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Apple (WBO:AAPL) Business Description

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Address

One Apple Park Way, Cupertino, CA, USA, 95014

Website

https://www.apple.com

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.