GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (NAS:AAPL) » Definitions » Debt-to-Asset

Apple (AAPL) Debt-to-Asset : 0.31 (As of Mar. 2024)


View and export this data going back to 1980. Start your Free Trial

What is Apple Debt-to-Asset?

Apple's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12,759 Mil. Apple's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $91,831 Mil. Apple's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $337,411 Mil. Apple's debt to asset for the quarter that ended in Mar. 2024 was 0.31.


Apple Debt-to-Asset Historical Data

The historical data trend for Apple's Debt-to-Asset 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.

* Premium members only.

Apple Debt-to-Asset Chart

Apple Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.35 0.36 0.34 0.32

Apple Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.33 0.32 0.31 0.31

Competitive Comparison of Apple's Debt-to-Asset

For the Consumer Electronics subindustry, Apple's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apple's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Apple's Debt-to-Asset falls into.



Apple Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Apple's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Apple's Debt-to-Asset for the quarter that ended in Mar. 2024 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  (NAS:AAPL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Apple Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Apple's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Apple (AAPL) Business Description

Address
One Apple Park Way, Cupertino, CA, USA, 95014
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.
Executives
Chris Kondo officer: Principal Accounting Officer 1 INFINITE LOOP, CUPERTINO CA 95014
Katherine L. Adams officer: SVP, General Counsel APPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014
Luca Maestri officer: Senior Vice President, CFO 1 INFINITE LOOP, CUPERTINO CA 95014
Jeffrey E Williams officer: COO ONE INFINITE LOOP, CUPERTINO CA 95014
Deirdre O'brien officer: Senior Vice President ONE APPLE PARK WAY, CUPERTINO CA 95014
Timothy D Cook director, officer: Chief Executive Officer C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Arthur D Levinson director C/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990
Alex Gorsky director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Monica C Lozano director
Angela J Ahrendts officer: Senior Vice President 1 INFINITE LOOP, CUPERTINO CA 95014
Johny Srouji officer: Senior Vice President 1 INFINITE LOOP, CUPERTINO CA 95014
Craig Federighi officer: Senior Vice President 807 11TH AVENUE, SUNNYVALE CA 94089
Daniel J. Riccio officer: Senior Vice President 1 INFINITE LOOP, CUPERTINO CA 95014
Philip W Schiller officer: Senior Vice President C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Susan Wagner director C/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022

Apple (AAPL) Headlines

From GuruFocus

Q2 2020 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Apple Inc Special Event Transcript

By GuruFocus Research 01-22-2024