Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Apple's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.43.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Apple couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.
The historical rank and industry rank for Apple's Cash-to-Debt or its related term are showing as below:
AAPL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 6.05 Max: No Debt
Current: 0.43
During the past 13 years, Apple's highest Cash to Debt Ratio was No Debt. The lowest was 0.43. And the median was 6.05.
Apple Cash-to-Debt Historical Data
The historical data trend for Apple's Cash-to-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.
|
Apple Annual Data
|
|
Trend |
Sep12 |
Sep13 |
Sep14 |
Sep15 |
Sep16 |
Sep17 |
Sep18 |
Sep19 |
Sep20 |
Sep21 |
| Cash-to-Debt |
|
|
|
|
|
|
0.64 |
0.58 |
0.93 |
0.81 |
0.50 |
|
Apple Quarterly Data
|
|
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.57 |
0.51 |
0.50 |
0.52 |
0.43 |
Competitive Comparison
For the Consumer Electronics subindustry, Apple's Cash-to-Debt, along with its competitors' market caps and Cash-to-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.
Apple Cash-to-Debt Distribution
For the Hardware industry and Technology sector, Apple's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Apple's Cash-to-Debt falls into.
Apple Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Apple's Cash to Debt Ratio for the fiscal year that ended in Sep. 2021 is calculated as:
Apple's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:
* 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.
Apple Business Description
Traded in Other Exchanges
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.
Executives
| 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 |
Apple Headlines
By tipranks.com 2022-04-04
By tipranks.com 2022-04-04
By tipranks.com 2022-03-31
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