What is the debt-to-equity ratio of Apple?
31, 2023.
Why is Apple's debt ratio so high?
Apple has a strong current ratio, which evaluates its current assets in relation to its current liabilities, of 1.07. Apple's debt-to-equity ratio has been increasing over the past five years as it takes on more debt to finance share buybacks, increase dividends, and grow.
What is a good ratio for debt-to-equity?
Generally, a good debt ratio is around 1 to 1.5. However, the ideal debt ratio will vary depending on the industry, as some industries use more debt financing than others. Capital-intensive industries like the financial and manufacturing industries often have higher ratios that can be greater than 2.
What is the debt coverage ratio for Apple?
Apple's operated at median short term debt coverage ratio of 5.4x from fiscal years ending September 2019 to 2023. Looking back at the last 5 years, Apple's short term debt coverage ratio peaked in December 2023 at 9.0x.
How much is Apple in debt?
Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.
How risky is Apple's debt?
Apple has a low net debt to EBITDA ratio of only 0.27. And its EBIT covers its interest expense a whopping 648 times over. So we're pretty relaxed about its super-conservative use of debt. The good news is that Apple has increased its EBIT by 4.1% over twelve months, which should ease any concerns about debt repayment.
Does Apple have bad debt?
Apple has a low net debt to EBITDA ratio of only 0.38. And its EBIT covers its interest expense a whopping 470 times over. So we're pretty relaxed about its super-conservative use of debt.
Is 0 a good debt-to-equity ratio?
While this may sound like an attractive financial position, it's not necessarily always good. On the positive side, a zero debt-to-equity ratio can mean that a company has a strong financial position, is not burdened with debt payments, and has greater flexibility in its financial management.
What's a bad debt-to-equity ratio?
The maximum acceptable debt-to-equity ratio for more companies is between 1.5-2 or less. Large companies having a value higher than 2 of the debt-to-equity ratio is acceptable. 3. A debt-to-equity ratio indicates that a company may not be able to generate enough cash to satisfy its debt obligations.
Does Disney have debt?
Total debt on the balance sheet as of December 2023 : $47.69 B. According to Walt Disney's latest financial reports the company's total debt is $47.69 B. A company's total debt is the sum of all current and non-current debts.
Is Apple debt-to-equity ratio good?
Debt to Equity History and Analysis
Debt Level: AAPL's net debt to equity ratio (47.2%) is considered high.
Is Apple financially healthy?
The Profitability Rank shows Apple Inc's impressive standing among its peers in generating profit. Apple Inc Operating Margin has increased (16.83%) over the past five years, as shown by the following data: 2019: 24.57; 2020: 24.15; 2021: 29.78; 2022: 30.29; 2023: 31.19; .
Why does Apple have low debt?
Apple has significant cash and short-term investments, making its debt less of a concern. Apple's healthy balance sheets have made it a considerably attractive investment.
What is Amazon's Debt to Equity Ratio?
Amazon.com Debt to Equity Ratio: 0.2889 for Dec.
What is Tesla's Debt to Equity Ratio?
Tesla, Inc. (TSLA) had Debt to Equity Ratio of 0.08 for the most recently reported fiscal year, ending 2023-12-31.
Is Apple a zero debt company?
Apple's total debt for fiscal years ending September 2019 to 2023 averaged 124.7 billion. Apple's operated at median total debt of 123.9 billion from fiscal years ending September 2019 to 2023. Looking back at the last 5 years, Apple's total debt peaked in September 2021 at 136.5 billion.
Is Tesla in debt?
Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.
Is it risky to invest in Apple?
The risks lie in the company's future ability to keep those consumers while drawing in new ones in more markets. New technology makes consumers fickle. They want the newest and best, and brand loyalty will be sacrificed to own the next greatest gadget.
Why is Apple a bad stock?
The latest blow came Tuesday, when Counterpoint Research released a report estimating that Apple sold 24% fewer iPhones in China, the world's second-biggest economy, in the first six weeks of 2024 than in 2023. Overall smartphone sales declined 7% in the period, the report said.
How much cash Apple has?
Apple now has $162.1 billion in cash on hand, according to the company's fiscal fourth-quarter earnings report released Thursday. The figure is below the company's cash pile from its fiscal third quarter of 2023, when it reported $166.5 billion.
Does Apple have more debt than cash?
As you can see below, Apple had US$111.1b of debt at September 2023, down from US$120.1b a year prior. However, it does have US$61.6b in cash offsetting this, leading to net debt of about US$49.5b.
How much equity does Apple have?
Apple Shareholders Equity (Quarterly): 74.10B for Dec. 31, 2023.
What is a 1.5 debt-to-equity ratio?
A debt-to-equity ratio of 1.5 would indicate that the company in question has $1.50 of debt for every $1 of equity. To illustrate, suppose the company had assets of $2 million and liabilities of $1.2 million. Since equity is equal to assets minus liabilities, the company's equity would be $800,000.
Is 1.4 a good debt-to-equity ratio?
The D/E ratio can vary as per the industry and various other factors that influence the company's performance. However, it is generally agreed that a debt-to-equity ratio between 1.5 to 2.5 indicates a financially stable company with a low risk profile.
How much debt is OK for a small business?
How much debt should a small business have? As a general rule, you shouldn't have more than 30% of your business capital in credit debt; exceeding this percentage tells lenders you may be not profitable or responsible with your money.
