How much is Apple in debt? (2024)

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.

What is the current debt of Apple?

Apple has a total shareholder equity of $74.1B and total debt of $108.0B, which brings its debt-to-equity ratio to 145.8%. Its total assets and total liabilities are $353.5B and $279.4B respectively. Apple's EBIT is $118.7B making its interest coverage ratio 648.4. It has cash and short-term investments of $73.1B.

Is Apple in a lot of debt?

How Much Debt Does Apple Carry? The image below, which you can click on for greater detail, shows that Apple had debt of US$111.1b at the end of December 2022, a reduction from US$122.8b over a year. However, it also had US$51.4b in cash, and so its net debt is US$59.8b.

What is the cost of debt of Apple?

The Cost of Equity of Apple Inc (AAPL) is 9.2%. The Cost of Debt of Apple Inc (AAPL) is 4.45%.

What is Apple's net debt in 2023?

What Is Apple's Net Debt? 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 debt is Tesla in?

Tesla's total debt hit its 5-year low in December 2022 of 5.748 billion. Tesla's total debt decreased in 2020 (13.337 billion, -8.5%), 2021 (8.873 billion, -33.5%), and 2022 (5.748 billion, -35.2%) and increased in 2019 (14.576 billion, +5.4%) and 2023 (9.573 billion, +66.5%).

How much is Disney in debt?

What Is Walt Disney's Net Debt? As you can see below, Walt Disney had US$46.4b of debt at September 2023, down from US$48.4b a year prior. On the flip side, it has US$14.2b in cash leading to net debt of about US$32.2b.

Is Apple debt free?

Analysis. 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 Netflix in debt?

Total debt on the balance sheet as of September 2023 : $14.30 B. According to Netflix's latest financial reports the company's total debt is $14.30 B. A company's total debt is the sum of all current and non-current debts.

Is Apple financially healthy?

Apple has a cash-to-debt ratio of 0.57, ranking worse than 70.31% of 2243 companies in the Hardware industry. Based on this, GuruFocus ranks Apple's financial strength as 7 out of 10, suggesting a fair balance sheet.

How much is Google in debt?

Alphabet's operated at median total debt of 28.508 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Alphabet's total debt peaked in December 2022 at 29.977 billion.

What is the debt of Walmart?

How Much Debt Does Walmart Carry? You can click the graphic below for the historical numbers, but it shows that as of October 2023 Walmart had US$51.3b of debt, an increase on US$48.8b, over one year. On the flip side, it has US$12.2b in cash leading to net debt of about US$39.2b.

How much liquid cash does Apple have?

Cash on Hand as of December 2023 : $73.10 B

According to Apple's latest financial reports the company has $73.10 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Who owns Apple?

Apple (AAPL) Ownership Overview

The ownership structure of Apple (AAPL) stock is a mix of institutional, retail and individual investors. Approximately 48.87% of the company's stock is owned by Institutional Investors, 0.11% is owned by Insiders and 51.02% is owned by Public Companies and Individual Investors.

What is Apple long term debt?

Apple annual net long-term debt for 2023 was $-5.923B, a 45.24% increase from 2022. Apple annual net long-term debt for 2022 was $-4.078B, a 135.03% decline from 2021. Apple annual net long-term debt for 2021 was $11.643B, a 236.31% increase from 2020.

How much cash does Apple have on hand?

Apple cash on hand for 2023 was $61.555B, a 27.43% increase from 2022. Apple cash on hand for 2022 was $48.304B, a 22.89% decline from 2021. Apple cash on hand for 2021 was $62.639B, a 31.12% decline from 2020.

How much debt Amazon has?

Amazon.com's operated at median total debt of 139.8 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Amazon.com's total debt peaked in December 2022 at 169.9 billion. Amazon.com's total debt hit its 5-year low in December 2019 of 77.533 billion.

How far in debt is Elon Musk?

The “world's richest man,” Elon Musk, purchased Twitter (since renamed X) for $44 billion in 2022. It's estimated he holds $13 billion of that amount as debt from bank and other loans, a sum the average working class person would obviously face severe repercussions for.

How much is Microsoft in debt?

Total debt on the balance sheet as of September 2023 : $84.98 B. According to Microsoft's latest financial reports the company's total debt is $84.98 B.

How much is McDonald's debt?

Total debt on the balance sheet as of September 2023 : $49.74 B. According to McDonald's latest financial reports the company's total debt is $49.74 B. A company's total debt is the sum of all current and non-current debts.

What is Netflix debt for 2023?

Long term debt can be defined as the sum of all long term debt fields. Netflix long term debt for the quarter ending December 31, 2023 was $14.143B, a 1.46% decline year-over-year. Netflix long term debt for 2023 was $14.143B, a 1.46% decline from 2022.

Is Disney losing profits?

How much money is Disney losing every day from this pandemic? They're losing about one and a half billion dollars in park revenue per month, so about forty million per day. Other parts of the company are still profitable, though, which helps offset that, and their expenses are down.

Is Mcdonalds debt free?

Definition of Total Debt

McDonald's reported total debt of 49.836 B for the latest quarter ending September 30, 2023 on its balance sheet.

Why does Apple still borrow money?

Apple and Microsoft have additional millions to invest in their operations while using the interest payments as a tax write-off, which save the organizations' millions of dollars of taxes as opposed to moving the money back to the U.S. and paying taxes on it.

Is it smart to be debt free?

Being debt-free is a financial milestone we often hear about people striving for. Without debt, you can focus on building more savings, investing those extra funds and just simply having more peace of mind about your finances.

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