Apple Financial Statements Trends

This module enables investors to look at Apple various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 45.7 B, Cost of Revenue of 131.4 B or Earning Before Interest and Taxes EBIT of 61.4 B, but also many exotic indicators such as Long Term Debt to Equity of 0.5881, Calculated Tax Rate of 25.5573 or PPandE Turnover of 8.74. This module is a perfect complement to use when analyzing Apple Valuation or Volatility. It can also complement various Apple Technical models. Check also analysis of Apple Correlation with competitors.

Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Accumulated Other Comprehensive Income634 M634 M259.2 M
Increasing
Slightly volatile
Total Assets321.7 B321.7 B179.3 B
Increasing
Slightly volatile
Current Assets106.9 B106.9 B63.6 B
Increasing
Slightly volatile
Assets Non Current214.8 B214.8 B115.7 B
Increasing
Slightly volatile
Cash and Equivalents67.3 B20.5 B17.4 B
Increasing
Slightly volatile
Cash and Equivalents USD20.5 B20.5 B13.5 B
Increasing
Slightly volatile
Total Debt98.9 B87 B39.6 B
Increasing
Slightly volatile
Debt Current11.6 B11.6 B7.5 B
Increasing
Slightly volatile
Debt Non Current75.4 B75.4 B34.2 B
Increasing
Slightly volatile
Total Debt USD87 B87 B38.6 B
Increasing
Slightly volatile
Deferred Revenue11 B11 B7.9 B
Increasing
Slightly volatile
Shareholders Equity128.2 B128.2 B86.6 B
Increasing
Slightly volatile
Shareholders Equity USD128.2 B128.2 B86.6 B
Increasing
Slightly volatile
Goodwill and Intangible Assets8.6 B8.6 B5.1 B
Increasing
Slightly volatile
Inventory2.1 B2.1 B1.4 B
Increasing
Slightly volatile
Investments217.1 B217.1 B114.6 B
Increasing
Slightly volatile
Investments Current46.7 B46.7 B23.1 B
Increasing
Slightly volatile
Investments Non Current170.4 B170.4 B92.2 B
Increasing
Slightly volatile
Total Liabilities193.4 B193.4 B92.7 B
Increasing
Slightly volatile
Current Liabilities79 B79 B44.7 B
Increasing
Slightly volatile
Liabilities Non Current114.4 B114.4 B48 B
Increasing
Slightly volatile
Trade and Non Trade Payables37.3 B37.3 B21.6 B
Increasing
Slightly volatile
Property Plant and Equipment Net27 B27 B14.6 B
Increasing
Slightly volatile
Trade and Non Trade Receivables29.3 B29.3 B17.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit96.4 B96.4 B67.9 B
Increasing
Slightly volatile
Tax Assets4.3 B4.3 B2.8 B
Increasing
Slightly volatile
Tax Liabilities235 M235 M237.6 M
Decreasing
Slightly volatile

Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Consolidated Income45.7 B45.7 B30.2 B
Increasing
Slightly volatile
Cost of Revenue131.4 B131.4 B83.3 B
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT61.4 B61.4 B40.8 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD61.4 B61.4 B40.8 B
Increasing
Slightly volatile
Gross Profit84.3 B84.3 B54.3 B
Increasing
Slightly volatile
Net Income45.7 B45.7 B30.3 B
Increasing
Slightly volatile
Net Income Common Stock45.7 B45.7 B30.2 B
Increasing
Slightly volatile
Net Income Common Stock USD45.7 B45.7 B30.2 B
Increasing
Slightly volatile
Operating Expenses24.2 B24.2 B14.3 B
Increasing
Slightly volatile
Operating Income60 B60 B40 B
Increasing
Slightly volatile
Revenues220.5 B215.6 B137.9 B
Increasing
Slightly volatile
Revenues USD215.6 B215.6 B137.5 B
Increasing
Slightly volatile
Research and Development Expense10 B10 B4.9 B
Increasing
Slightly volatile
Selling General and Administrative Expense14.2 B14.2 B9.3 B
Increasing
Slightly volatile
Weighted Average Shares5.2 B5.5 B5.9 B
Decreasing
Stable
Weighted Average Shares Diluted5.5 B5.5 B6 B
Decreasing
Stable
Income Tax Expense15.7 B15.7 B10.6 B
Increasing
Slightly volatile

Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(12.7 B)(12.7 B)(7 B)
Decreasing
Slightly volatile
Depreciation Amortization and Accretion10.5 B10.5 B5.4 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(636 M)(636 M)914.9 M
Increasing
Very volatile
Net Cash Flow Business Acquisitions and Disposals(1.1 B)(1.1 B)(1.3 B)
Decreasing
Stable
Issuance Purchase of Equity Shares(29.2 B)(29.2 B)(15.5 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 22.1 B22.1 B17.9 B
Increasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (12.2 B)(12.2 B)(7.1 B)
Decreasing
Slightly volatile
Net Cash Flow from Financing(20.5 B)(20.5 B)(10.9 B)
Decreasing
Slightly volatile
Net Cash Flow from Investing(46 B)(46 B)(31.5 B)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(32 B)(32 B)(23.1 B)
Decreasing
Slightly volatile
Net Cash Flow from Operations66.3 B65.8 B43.3 B
Increasing
Slightly volatile
Share Based Compensation4.2 B4.2 B2.2 B
Increasing
Slightly volatile
Cash Beginning of Year21.1 B21.1 B13 B
Increasing
Slightly volatile
Cash End of Year20.5 B20.5 B14.1 B
Increasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Asset Turnover0.7040.7040.8967
Decreasing
Slightly volatile
Book Value per Share23.89623.89614.8183
Increasing
Slightly volatile
Current Ratio1.391.3531.8208
Decreasing
Slightly volatile
Debt to Equity Ratio73.71.5086.9285
Increasing
Slightly volatile
Share Dilution Ratio1.00631.00631.0112
Decreasing
Slightly volatile
Dividend Yield0.0190.0190.0117
Increasing
Slightly volatile
Dividends per Basic Common Share2.182.181.1867
Increasing
Slightly volatile
EBITDA Margin0.3330.3330.2998
Increasing
Slightly volatile
Earnings per Basic Share8.358.355.1192
Increasing
Slightly volatile
Earnings per Diluted Share8.528.315.0975
Increasing
Slightly volatile
EPS Diluted Growth0.27090.27090.729
Decreasing
Slightly volatile
EPS Growth0.26910.26910.7268
Decreasing
Slightly volatile
Earnings per Basic Share USD8.358.355.1192
Increasing
Slightly volatile
Enterprise Value over EBIT10.010.02.1667
Increasing
Slightly volatile
Enterprise Value over EBITDA9.3789.37814.3328
Decreasing
Slightly volatile
Free Cash Flow per Share12.99.7046.4003
Increasing
Slightly volatile
Gross Margin0.3910.3910.3798
Increasing
Slightly volatile
Financial Leverage1.01.01.0
Steady
Stable
Leverage Ratio2.2262.2261.7954
Increasing
Slightly volatile
NCFO Growth0.05990.05990.5271
Decreasing
Slightly volatile
Net Income Growth0.20850.20850.633
Decreasing
Slightly volatile
Profit Margin20.740.2121.908
Increasing
Slightly volatile
Payout Ratio0.2610.2610.16
Increasing
Slightly volatile
Price to Book Value5.924.7364.7706
Increasing
Slightly volatile
Price to Earnings Ratio5.6613.4984.0313
Increasing
Slightly volatile
Price to Sales Ratio3.452.8593.1071
Increasing
Stable
Revenue Growth0.17610.17610.3038
Decreasing
Slightly volatile
Return on Average Assets11.590.1491.1302
Increasing
Slightly volatile
Return on Average Equity34.570.3563.1738
Increasing
Slightly volatile
Return on Invested Capital0.2170.2170.3695
Decreasing
Slightly volatile
Return on Sales0.2850.2850.2683
Increasing
Slightly volatile
Weighted Average Share Growth(0.0486)(0.0486)(0.0133)
Decreasing
Slightly volatile
Sales per Share39.41639.41623.3528
Increasing
Slightly volatile
Tax Efficiency0.73940.73940.7348
Increasing
Slightly volatile
Tangible Assets Book Value per Share58.33358.33330.2883
Increasing
Slightly volatile
Total Assets Per Share60.284160.284131.7324
Increasing
Slightly volatile
Cash Flow Per Share12.335412.33547.5613
Increasing
Slightly volatile
Return on Investment30.079830.079839.1668
Decreasing
Stable
Operating Margin26.9127.835426.9828
Increasing
Slightly volatile
Calculated Tax Rate25.557325.557326.4795
Decreasing
Slightly volatile
Receivables Turnover7.2517.2518.0941
Decreasing
Stable
Inventory Turnover58.636958.636963.7663
Increasing
Stable
PPandE Turnover8.748.7412.4457
Decreasing
Slightly volatile
Cash and Equivalents Turnover10.394710.39479.5782
Increasing
Slightly volatile
Accounts Payable Turnover5.94175.94176.8781
Decreasing
Stable
Accrued Expenses Turnover9.16089.160824.4291
Decreasing
Slightly volatile
Long Term Debt to Equity0.58810.58810.2861
Increasing
Slightly volatile
Quick Ratio1.22081.22081.3935
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets8.66168.661619.3654
Decreasing
Slightly volatile
Revenue to Assets0.67030.67030.7969
Decreasing
Slightly volatile

Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Average Assets306.5 B306.5 B168 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA69.7 B71.9 B46 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD71.9 B71.9 B46.2 B
Increasing
Slightly volatile
Earnings before Tax61.4 B61.4 B40.8 B
Increasing
Slightly volatile
Average Equity128.4 B128.4 B84.9 B
Increasing
Slightly volatile
Enterprise Value674 B674 B440.3 B
Increasing
Slightly volatile
Free Cash Flow53.1 B53.1 B36.2 B
Increasing
Slightly volatile
Invested Capital254.3 B254.3 B121.7 B
Increasing
Slightly volatile
Invested Capital Average283.3 B283.3 B136.8 B
Increasing
Slightly volatile
Market Capitalization760.5 B607.3 B435.1 B
Increasing
Slightly volatile
Tangible Asset Value313.1 B313.1 B174.2 B
Increasing
Slightly volatile
Working Capital27.9 B27.9 B18.9 B
Increasing
Slightly volatile
Revenue Per Employee1.9 M1.9 M1.6 M
Increasing
Slightly volatile
Net Income Per Employee394.9 K394.9 K349.7 K
Increasing
Slightly volatile