Apple Current Ratio

AAPL -- USA Stock  

USD 186.50  0.81  0.44%

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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 
 = 
1.46 times

Distress Driver Correlations

Current Ratio Over Time Pattern

 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

Income

Apple Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Apple has Current Ratio of 1.46 times. This is 42.06% lower than that of the Technology sector, and significantly higher than that of Computers Phones And Devices industry, The Current Ratio for all stocks is 55.76% higher than the company.

Peer Comparison

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

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