Apple LT-Debt-to-Total-Asset

: 0.30 (As of Mar. 2022)

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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 Mar. 2022 was 0.30.

Apple's long-term debt to total assets ratio declined from Mar. 2021 (0.32) to Mar. 2022 (0.30). It may suggest that Apple is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Apple's LT-Debt-to-Total-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

LT-Debt-to-Total-Asset

0.26

0.27

0.31

Apple Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
LT-Debt-to-Total-Asset																0.32	0.32	0.31	0.28	0.30

Apple LT-Debt-to-Total-Asset Calculation

Apple's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (A: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2021 )	/	Total Assets (A: Sep. 2021 )
	=	109106	/	351002
	=	0.31

Apple's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (Q: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2022 )	/	Total Assets (Q: Mar. 2022 )
	=	103323	/	350662
	=	0.29

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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Apple Business Description

Industry

Technology » Hardware NAICS : 334220 SIC : 3571

Comparable Companies

XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 TSE:6971 XKRX:066570 SZSE:002241 XKRX:003550 XKRX:034220 TSE:6753

Traded in Other Exchanges

AAPL:Ukraine AAPL:Peru AAPL:Mexico AAPL_KZ:Kazakhstan AAPL:Italy 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil AAPL:Austria AAPL:Argentina

Address

One Apple Park Way, Cupertino, CA, USA, 95014

Website

https://www.apple.com

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.

Executives

Kondo Chris	officer: Principal Accounting Officer	1 INFINITE LOOP CUPERTINO CA 95014
Maestri Luca	officer: Senior Vice President, CFO	1 INFINITE LOOP CUPERTINO CA 95014
Adams Katherine L.	officer: SVP, GC and Secretary	APPLE INC. 1 INFINITE LOOP CUPERTINO CA 95014
Williams Jeffrey E	officer: COO	ONE INFINITE LOOP CUPERTINO CA 95014
Cook Timothy D	director, officer: Chief Executive Officer	C/O APPLE INC ONE INFINITE LOOP CUPERTINO CA 95014
Jung Andrea	director	C/O APPLE INC ONE APPLE PARK WAY CUPERTINO CA 95014
Wagner Susan	director	C/O BLACKROCK, INC. 40 EAST 52ND STREET NEW YORK NY 10022
Bell James A	director	C/O THE DOW CHEMICAL COMPANY 2211 H.H. DOW WAY MIDLAND MI 48674
Levinson Arthur D	director	C/O GENENTECH INC 1 DNA WAY MS 49 SOUTH SAN FRANCISCO CA 94080-4990
Sugar Ronald D	director	10877 WILSHIRE BLVD. SUITE 1650 LOS ANGELES CA 900274
Gore Albert Jr	director	C/O APPLE INC 1 INFINITE LOOP CUPERTINO CA 95014
Iger Robert A	director	C/O WALT DISNEY CO 500 S BUENA VISTA STREET BURBANK CA 91521-1062
Ahrendts Angela J	officer: Senior Vice President	1 INFINITE LOOP CUPERTINO CA 95014
Srouji Johny	officer: Senior Vice President	1 INFINITE LOOP CUPERTINO CA 95014
Federighi Craig	officer: Senior Vice President	807 11TH AVENUE SUNNYVALE CA 94089

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Apple LT-Debt-to-Total-Asset

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

Apple LT-Debt-to-Total-Asset Calculation

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

Apple Business Description

Apple Headlines

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