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Apple LT-Debt-to-Total-Asset

: 0.28 (As of Dec. 2020)
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LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Apple's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.28.

Apple's long-term debt to total assets ratio increased from Dec. 2019 (0.27) to Dec. 2020 (0.28). It may suggest that Apple is progressively becoming more dependent on debt to grow their business.

Apple LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Annual Data
Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.26 0.26 0.27 0.31

Apple Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
LT-Debt-to-Total-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 0.27 0.28 0.30 0.31 0.28

Apple LT-Debt-to-Total-Asset Calculation

Apple's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (A: Sep. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2020 )/Total Assets (A: Sep. 2020 )
=98667/323888
=0.30

Apple's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )/Total Assets (Q: Dec. 2020 )
=99281/354054
=0.28

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Apple  (NAS:AAPL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Apple LT-Debt-to-Total-Asset Related Terms

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