Apple Current Ratio

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Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Apple 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.35 times

Distress Driver Correlations

 Apple Current Ratio 
      Timeline 

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare to competition

Apple Current Ratio Assessment

Margin

Apple Margin Growth Rates

Operating Margin

EBITDA Margin

Gross Margin

In accordance with recently published financial statements Apple Inc has Current Ratio of 1.35 times. This is much higher than that of the IT sector, and significantly higher than that of Computers Phones And Devices industry, The Current Ratio for all stocks is over 1000% lower than the firm.

Peer Comparison

Apple Current Ratio Comparison
  Current Ratio 
      Apple Comparables 
Apple is rated fourth in current ratio category among related companies.

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Return On Equity8.70 %
Return On Asset0.12 %
Profit Margin0.21 %
Operating Margin27.84 %
Current Valuation674.03 B
Shares Outstanding5.21 B
Shares Owned by Insiders0.03 %
Shares Owned by Institutions60.20 %
Number of Shares Shorted58.95 M
Price to Earning18.02 times
Price to Book5.92 times
Price to Sales3.63 times
Revenue215.64 B
Gross Profit84.26 B
EBITDA69.72 B
Net Income45.69 B
Cash and Equivalents20.48 B
Cash per Share12.73 times
Total Debt87.03 B
Debt to Equity0.68 times
Current Ratio1.35 times
Book Value Per Share25.76 times
Cash Flow from Operations65.82 B
Short Ratio2.33 times
Earnings Per Share8.52 times
Price to Earnings To Growth1.54 times
Number of Employees116 K
Beta1.44
Market Capitalization800.9 B
Total Asset321.69 B
Retained Earnings96.36 B
Working Capital27.86 B
Current Asset106.87 B
Current Liabilities79.01 B
Z Score5.4
Last Dividend Paid2.52