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Apple (BSP:AAPL34) Debt-to-Asset : 0.29 (As of Sep. 2024)


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What is Apple Debt-to-Asset?

Apple's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$115,624 Mil. Apple's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$474,866 Mil. Apple's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was R$2,021,186 Mil. Apple's debt to asset for the quarter that ended in Sep. 2024 was 0.29.

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 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.39 0.38 0.32 0.29

Apple Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.32 0.31 0.31 0.31 0.29

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. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(115623.726 + 474866.35) / 2021186.244
=0.29

Apple's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(115623.726 + 474866.35) / 2021186.244
=0.29

* 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  (BSP:AAPL34) 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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (BSP:AAPL34) » Definitions » Debt-to-Asset
Comparable Companies
VZIO SONO HEAR GPRO VOXX UEIC VUZI KOSS FOXX ZEPP XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 SHSE:688036 XKRX:066570 SZSE:002241 BOM:540699 SHSE:603296 XKRX:003550
Traded in Other Exchanges
AAPL:USA AAPL:Peru AAPL:Mexico AAPL_KZ:Kazakhstan 1AAPL:Italy APCd:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada APC:Bulgaria AAPL:Austria AAPL:Argentina
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.

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