Apple Financials

AAPL Stock  USD 242.84  0.20  0.08%   
Based on the measurements of operating efficiency obtained from Apple's historical financial statements, Apple Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in January. At this time, Apple's Cash is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 222.6 B this year, although the value of Retained Earnings are projected to rise to (18.2 B). Key indicators impacting Apple's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.250.2397
Sufficiently Up
Slightly volatile
Return On Assets0.280.2568
Significantly Up
Slightly volatile
Return On Equity1.561.6459
Notably Down
Slightly volatile
Debt Equity Ratio1.791.8723
Sufficiently Down
Slightly volatile
Operating Income129.4 B123.2 B
Sufficiently Up
Slightly volatile
Current Ratio0.990.8673
Fairly Up
Slightly volatile
Investors should never underestimate Apple's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Apple's cash flow, debt, and profitability to make informed and accurate decisions about investing in Apple Inc.

Cash And Equivalents

36.18 Billion

  
Understanding current and past Apple Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Apple's financial statements are interrelated, with each one affecting the others. For example, an increase in Apple's assets may result in an increase in income on the income statement.

Apple Inc Earnings Geography

Apple Stock Summary

Apple competes with LG Display, Sony Corp, Sonos, Vizio Holding, and Wearable Devices. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 164000 people.
Foreign Associates
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0378331005
CUSIP037833100
LocationCalifornia; U.S.A
Business AddressOne Apple Park
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.apple.com
Phone(408) 996 1010
CurrencyUSD - US Dollar

Apple Key Financial Ratios

Apple Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets323.9B351.0B352.8B352.6B365.0B383.2B
Other Current Liab42.7B47.5B60.8B58.8B51.7B54.3B
Net Debt74.4B89.8B96.4B81.1B76.7B80.5B
Retained Earnings15.0B5.6B(3.1B)(214M)(19.2B)(18.2B)
Cash38.0B34.9B23.6B30.0B29.9B31.4B
Net Receivables16.1B26.3B28.2B29.5B66.2B69.6B
Inventory4.1B6.6B4.9B6.3B7.3B7.7B
Other Current Assets11.3B14.1B21.2B14.7B14.3B15.0B
Total Liab258.5B287.9B302.1B290.4B308.0B323.4B
Total Current Assets143.7B134.8B135.4B143.6B153.0B160.6B
Cash And Equivalents38.0B34.9B23.6B30.0B34.5B36.2B
Short Term Debt13.8B15.6B21.1B15.8B20.9B21.9B
Accounts Payable42.3B54.8B64.1B62.6B69.0B72.4B
Common Stock50.8B57.4B64.8B73.8B83.3B87.4B
Other Assets34.0B38.8B54.4B54.1B62.2B65.3B
Long Term Debt98.7B109.1B99.0B95.3B85.8B69.4B
Other Liab50.5B46.1B43.1B49.1B56.5B59.3B
Net Tangible Assets90.5B65.3B63.1B50.7B58.3B95.6B

Apple Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.9B2.6B2.9B3.9B4.5B4.7B
Total Revenue274.5B365.8B394.3B383.3B391.0B410.6B
Gross Profit105.0B152.8B170.8B169.1B180.7B189.7B
Operating Income66.3B108.9B119.4B114.3B123.2B129.4B
Ebit66.3B108.9B119.4B114.3B123.2B129.4B
Ebitda77.3B120.2B130.5B125.8B134.7B141.4B
Cost Of Revenue169.6B213.0B223.5B214.1B210.4B220.9B
Income Before Tax67.1B109.2B119.1B113.7B123.5B129.7B
Net Income57.4B94.7B99.8B97.0B93.7B98.4B
Income Tax Expense9.7B14.5B19.3B16.7B29.7B31.2B
Research Development18.8B21.9B26.3B29.9B31.4B32.9B
Tax Provision9.7B14.5B19.3B16.7B29.7B18.1B
Net Interest Income890M198M(106M)(183M)(164.7M)(156.5M)
Interest Income3.8B2.8B106M3.8B3.4B3.0B

Apple Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(127M)(2.6B)1.5B(1.6B)(1.0B)(993.7M)
Change In Cash(10.4B)(3.9B)(11.0B)5.8B(794M)(754.3M)
Free Cash Flow73.4B93.0B111.4B99.6B108.8B114.2B
Depreciation11.1B11.3B11.1B11.5B11.4B12.0B
Other Non Cash Items(97M)(147M)111M(7.4B)(2.3B)(2.2B)
Dividends Paid14.1B14.5B14.8B15.0B15.2B8.5B
Capital Expenditures7.3B11.1B10.7B11.0B9.4B9.9B
Net Income57.4B94.7B99.8B97.0B93.7B98.4B
End Period Cash Flow39.8B35.9B25.0B30.7B29.9B31.4B
Investments(4.3B)(14.5B)(9.6B)3.7B2.9B3.1B
Change Receivables8.5B(14.0B)(9.3B)(417M)(375.3M)(394.1M)
Change To Netincome5.1B6.5B3.0B10.0B9.0B9.5B
Net Borrowings(7.8B)2.5B12.7B(123M)(110.7M)(105.2M)

Apple Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Apple's current stock value. Our valuation model uses many indicators to compare Apple value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Apple competition to find correlations between indicators driving Apple's intrinsic value. More Info.
Apple Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Apple Inc is roughly  7.34 . At this time, Apple's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Apple by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Apple Inc Systematic Risk

Apple's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Apple volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Apple Inc correlated with the market. If Beta is less than 0 Apple generally moves in the opposite direction as compared to the market. If Apple Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Apple Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Apple is generally in the same direction as the market. If Beta > 1 Apple moves generally in the same direction as, but more than the movement of the benchmark.

Apple Thematic Clasifications

Apple Inc is part of several thematic ideas from Millennials Best to Corona Opportunity. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Apple Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Apple's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Apple growth as a starting point in their analysis.

Price Earnings To Growth Ratio

170.91

At this time, Apple's Price Earnings To Growth Ratio is quite stable compared to the past year.

Apple December 7, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Apple help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Apple Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Apple Inc based on widely used predictive technical indicators. In general, we focus on analyzing Apple Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Apple's daily price indicators and compare them against related drivers.
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.98
Earnings Share
6.08
Revenue Per Share
25.485
Quarterly Revenue Growth
0.061
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.