Apple Historical Balance Sheet Analysis

Trend analysis of Apple Inc balance sheet accounts such as Total Assets of 321.7 B, Current Assets of 106.9 B or Assets Non Current of 218.8 B provides information on Apple total assets, its liabilities, and its equity which is the actual value of Apple Inc to its prevalent stockholders. By breaking down trends over time using Apple balance sheet statements, investors will see what exactly the company owned and what it owed to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Apple Inc prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Apple Inc is a good buy for the upcoming year. Check also Trending Equities.
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Apple Inc Balance Sheet Chart

Accumulated Other Comprehensive Income    Total Assets    Current Assets    Deferred Revenue    Shareholders Equity    Total Liabilities    Tax Assets    

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Total Assets

Total assets refers to the total amount of Apple assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Apple Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents, Investments,Goodwill and Intangible Assets, Property Plant and Equipment Net,Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Apple Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Apple. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue, including sales, license fees, and royalties, but excluding interest income.

Shareholders Equity

A principal component of the balance sheet, in addition to Total Liabilities and Total Assets, that represents the total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Apple Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Apple books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt, Deferred Revenue, Trade and Non Trade Payables,Deposit Liabilities, and Tax Liabilities.

Tax Assets

A component of Total Assets representing tax assets and receivables.