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Apple Inc  (NAS:AAPL) Equity-to-Asset: 0.29 (As of Sep. 2018)

Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Apple Inc's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $107,147 Mil. 's Total Assets for the quarter that ended in Sep. 2018 was $365,725 Mil. Therefore, Apple Inc's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.29.

NAS:AAPL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Max: 0.67
Current: 0.29

0.28
0.67

During the past 13 years, the highest Equity to Asset Ratio of Apple Inc was 0.67. The lowest was 0.28. And the median was 0.56.

NAS:AAPL's Equity-to-Asset is ranked lower than
83% of the 2191 Companies
in the Global industry.

( Industry Median: 0.57 vs. NAS:AAPL: 0.29 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Inc Annual Data

Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.41 0.40 0.36 0.29

Apple Inc Quarterly Data

Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.36 0.35 0.35 0.33 0.29

Competitive Comparison
* 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.


Apple Inc Distribution

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



Calculation

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 shareholder's tangible equity divided by its total asset.

Apple Inc's Equity to Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

Equity to Asset (A: Sep. 2018 )=Total Stockholders Equity/Total Assets
=107147/365725
=0.29

Apple Inc's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=107147/365725
=0.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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%.


Related Terms


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