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AppleCHIX:APCD 91 Equity-to-Asset is 0.29 as of Mar. 2026, which is 32% above its 10-year median of 0.22. GuruFocus rates CHIX:APCD with a GF Score™ of 91/100 and a GF Value™ of €230.07 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,499 Hardware companies, Apple ranks worse than 85.83% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apple's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €92,115 Mil. Apple's Total Assets for the quarter that ended in Mar. 2026 was €320,986 Mil.
Therefore, Apple's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.29.
The historical rank and industry rank for Apple's Equity-to-Asset or its related term are showing as below:
CHIX:APCd'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.22 Max: 0.41
Current: 0.29
During the past 13 years, the highest Equity to Asset Ratio of Apple was 0.41. The lowest was 0.14. And the median was 0.22.
CHIX:APCd's Equity-to-Asset is ranked worse than 85.83% of 2499
companies
in the Hardware industry
Industry Median: 0.57
vs CHIX:APCd: 0.29
Apple (CHIX:APCd) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Apple Equity-to-Asset Related Terms
Apple Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Apple's Equity-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.
CHIX:APCD vs SONO, TBCH, VUZI: Equity-to-Asset Comparison
For the Consumer Electronics subindustry, Apple's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Apple's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Apple's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Apple's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 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 (CHIX:APCD) has a Equity-to-Asset of 0.29 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Apple and its competitors. This is 32% above median its historical median of 0.22. Over the past decade, Apple's Equity-to-Asset has ranged from 0.14 to 0.41. According to the industry distribution chart, Apple ranks #2145 out of 2499 companies in the Hardware industry, placing it in the top 85.8%.
Is Apple's Equity-to-Asset too high?
Apple's current Equity-to-Asset of 0.29 is 32% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.41. The Hardware industry median Equity-to-Asset is 0.57. Apple's value of 0.29 is 49.1% below this industry median. Based on the distribution chart, Apple ranks #2145 out of 2499 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Apple has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Equity-to-Asset compare to SONO and TBCH?
According to the Hardware industry distribution chart, Apple ranks #2145 out of 2499 companies for Equity-to-Asset. This places Apple in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Apple's value of 0.29 is 49.1% below this benchmark. Historically, Apple's own Equity-to-Asset has ranged from 0.14 to 0.41 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.57, Apple has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apple's current Equity-to-Asset of 0.29 is 49.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Apple and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Equity-to-Asset is 0.29, which is 32% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (CHIX:APCD) is currently considered Modestly Overvalued. The stock's GF Value™ is €230.07, compared to a current price of €284.65 — trading 23.7% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 32% above median its 10-year median of 0.22 and 49.1% below the Hardware industry median of 0.57. Apple's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Apple (CHIX:APCD), the current Equity-to-Asset is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apple (CHIX:APCD) Overvalued in 2026?
Based on GuruFocus' analysis, Apple stock appears to be overvalued.
The current stock price of €284.65 is trading 23.7% above its estimated GF Value™ of €230.07.
GuruFocus considers Apple to be Modestly Overvalued.
Key valuation signals for CHIX:APCD:
Equity-to-Asset: 0.29 (32% above median its 10-year median of 0.22)
GF Value™: €230.07 vs. price of €284.65 (23.7% above fair value)
Industry Position: 49.1% below the Hardware median (#2145 of 2499)
No single metric tells the full story. See the CHIX:APCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 accounts for the majority of the firm's sales, and Apple's other products, such as the 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, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
91GF Score
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