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. 2022 was $67,399 Mil. Apple's Total Assets for the quarter that ended in Mar. 2022 was $350,662 Mil.
Therefore, Apple's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.19.
The historical rank and industry rank for Apple's Equity-to-Asset or its related term are showing as below:
AAPL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.54 Max: 0.7
Current: 0.19
During the past 13 years, the highest Equity to Asset Ratio of Apple was 0.70. The lowest was 0.18. And the median was 0.54.
AAPL's Equity-to-Asset is ranked worse than 92.71% of 2387
companies
in the Hardware industry
Industry Median: 0.55
vs AAPL: 0.19
Apple Equity-to-Asset Historical Data
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.
* Premium members only.
Apple Annual Data
Trend
Sep12
Sep13
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Equity-to-Asset
0.36
0.29
0.27
0.20
0.18
Apple Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Equity-to-Asset
0.21
0.20
0.18
0.19
0.19
Competitive 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 Distribution
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.
Apple Equity-to-Asset 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 total stockholders equity by total asset.
Apple's Equity to Asset Ratio for the fiscal year that ended in Sep. 2021 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) 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
Thank you for viewing the detailed overview of Apple's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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