Apple Financial Statements Trends

<div class='logoBackup' style='background:#000000;color: white;font-size:3em;;'>AAP</div>
AAPL -- USA Stock  

Buyout Trend

Check Apple fundamental indicators over time to gain insight into the company future performance. Apply historical fundamental analysis to find patters among financial statement drivers such as Direct Expenses of 122.6 B, Consolidated Income of 48 B or Cost of Revenue of 136 B, as well as many exotic indicators such as Long Term Debt to Equity of 0.6252, Calculated Tax Rate of 26.635 or PPandE Turnover of 10.205. This can be a perfect complement to check Apple Valuation or Volatility. It can also complement various Apple Technical models. Please continue to analysis of Apple Correlation with competitors.
Revenues

Apple Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets321.7 B375.3 B296.1 B
Increasing
Slightly volatile
Cash and Equivalents100.6 B20.3 B32.5 B
Increasing
Slightly volatile
Investments212.1 B248.6 B180.1 B
Increasing
Slightly volatile
Investments Current45.1 B53.9 B43.3 B
Increasing
Slightly volatile
Investments Non Current167 B194.7 B136.8 B
Increasing
Slightly volatile
Deferred Revenue10.1 B10.4 B8.6 B
Increasing
Very volatile
Property Plant and Equipment Net29.9 B33.8 B27.2 B
Increasing
Slightly volatile
Inventory3.8 B4.9 B2.8 B
Increasing
Slightly volatile
Tax AssetsBBB
Decreasing
Very volatile
Trade and Non Trade Receivables33.7 B35.7 B31.4 B
Increasing
Slightly volatile
Trade and Non Trade Payables40.4 B44.2 B36.6 B
Increasing
Slightly volatile
Goodwill and Intangible Assets6.4 B6.2 B6.7 B
Decreasing
Very volatile
Total Liabilities203.7 B241.3 B186.3 B
Increasing
Slightly volatile
Shareholders Equity127.8 B134 B110.7 B
Increasing
Stable
Accumulated Retained Earnings Deficit94.9 B98.3 B78.2 B
Decreasing
Very volatile
Accumulated Other Comprehensive Income(167.6 M)(150 M)165.5 M
Decreasing
Slightly volatile
Current Assets106.9 B128.6 B112.4 B
Increasing
Slightly volatile
Assets Non Current214.5 B246.7 B183.8 B
Increasing
Slightly volatile
Current Liabilities79 B100.8 B79 B
Increasing
Slightly volatile
Liabilities Non Current114.4 B140.5 B106.5 B
Increasing
Slightly volatile
Total Debt108 B115.7 B96.4 B
Increasing
Slightly volatile
Debt Current17.9 B18.5 B13.9 B
Increasing
Slightly volatile
Debt Non Current89 B97.2 B82.5 B
Increasing
Slightly volatile
Shareholders Equity USD127.8 B134 B110.7 B
Increasing
Stable
Cash and Equivalents USD21.3 B20.3 B25.8 B
Increasing
Slightly volatile
Total Debt USD105.7 B115.7 B96.2 B
Increasing
Slightly volatile
Accounts Payable39.5 B49 B36.9 B
Increasing
Slightly volatile
Receivables30.5 B35.7 B31.1 B
Increasing
Slightly volatile
Inventories3.6 B4.9 B2.7 B
Increasing
Slightly volatile

Apple Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues260.2 B229.2 B213.7 B
Increasing
Slightly volatile
Cost of Revenue136 B141 B129 B
Increasing
Slightly volatile
Selling General and Administrative Expense14.8 B15.3 B14.2 B
Increasing
Slightly volatile
Research and Development Expense10.3 B11.6 B10.5 B
Increasing
Slightly volatile
Operating Expenses25.1 B26.8 B24.7 B
Increasing
Slightly volatile
Income Tax Expense15.2 B15.7 B13.1 B
Increasing
Stable
Consolidated Income48 B48.4 B45.2 B
Increasing
Slightly volatile
Net Income55.3 B48.4 B45.8 B
Increasing
Slightly volatile
Net Income Common Stock48 B48.4 B45.2 B
Increasing
Slightly volatile
Weighted Average Shares4.5 B5.2 B5.3 B
Decreasing
Slightly volatile
Weighted Average Shares Diluted5.2 B5.3 B5.4 B
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT63.2 B64.1 B58.3 B
Increasing
Slightly volatile
Revenues USD222.3 B229.2 B210.6 B
Increasing
Slightly volatile
Net Income Common Stock USD48 B48.4 B45.2 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD63.2 B64.1 B58.3 B
Increasing
Slightly volatile
Gross Profit98.4 B88.2 B82.6 B
Increasing
Slightly volatile
Operating Income61.1 B61.3 B56.8 B
Increasing
Slightly volatile
Direct Expenses122.6 B141 B127.9 B
Increasing
Slightly volatile

Apple Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(10.4 B)(12.5 B)(11.1 B)
Decreasing
Stable
Net Cash Flow Business Acquisitions and Disposals(625.1 M)(329 M)(399.9 M)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(25.7 B)(33.5 B)(9.2 B)
Increasing
Slightly volatile
Net Cash Flow from Financing(20.5 B)(18 B)(34.4 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 21.8 B29 B15.1 B
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(28.4 B)(32.3 B)(33.6 B)
Decreasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (11.4 B)(12.8 B)(12.6 B)
Decreasing
Slightly volatile
Net Cash Flow from Investing(38.3 B)(46.4 B)(21.5 B)
Increasing
Slightly volatile
Net Cash Flow from Operations42.9 B64.2 B60.1 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents1.9 B(195 M)5.7 B
Increasing
Slightly volatile
Share Based Compensation4.3 B4.8 B4.2 B
Increasing
Slightly volatile
Depreciation Amortization and Accretion9.4 B10.2 B9.4 B
Increasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share8.93169.278.6563
Increasing
Slightly volatile
Earnings per Diluted Share11.899.218.8523
Increasing
Slightly volatile
Earnings per Basic Share USD8.93169.278.6563
Increasing
Slightly volatile
Dividends per Basic Common Share2.42632.42.4239
Increasing
Slightly volatile
Return on Average Equity0.00410.3630.3794
Decreasing
Stable
Return on Average Assets0.1540.140.1695
Decreasing
Slightly volatile
Return on Invested Capital0.24650.1880.273
Decreasing
Slightly volatile
Gross Margin0.36870.3850.3877
Decreasing
Slightly volatile
Profit Margin0.20420.2110.2158
Decreasing
Slightly volatile
EBITDA Margin0.30870.3240.3222
Decreasing
Slightly volatile
Return on Sales0.27080.280.2806
Decreasing
Slightly volatile
Asset Turnover0.70880.6610.7748
Decreasing
Slightly volatile
Payout Ratio0.2690.2590.259
Decreasing
Stable
Enterprise Value over EBITDA12.642611.93110.9768
Increasing
Slightly volatile
Enterprise Value over EBIT14.578914.012.7982
Increasing
Slightly volatile
Price to Earnings Ratio21.6316.62615.7848
Increasing
Slightly volatile
Sales per Share41.441143.93840.412
Increasing
Slightly volatile
Price to Sales Ratio4.473.5083.4024
Increasing
Slightly volatile
Price to Book Value12.635.9397.0681
Increasing
Slightly volatile
Debt to Equity Ratio1191.811.5001
Increasing
Slightly volatile
Dividend Yield0.01740.0160.0174
Decreasing
Slightly volatile
Current Ratio1.541.2761.4514
Decreasing
Very volatile
Free Cash Flow per Share22.639.92410.7508
Increasing
Slightly volatile
Book Value per Share23.575325.69320.7456
Increasing
Slightly volatile
Tangible Assets Book Value per Share61.830571.93856.2013
Increasing
Slightly volatile
Total Assets Per Share58.218973.215858.0996
Increasing
Slightly volatile
Cash Flow Per Share11.003412.406511.9564
Increasing
Slightly volatile
Return on Investment36.702126.384134.4519
Decreasing
Slightly volatile
Operating Margin29.3926.760427.6228
Decreasing
Slightly volatile
Calculated Tax Rate26.63524.556522.9367
Decreasing
Slightly volatile
Receivables Turnover8.24866.94237.3351
Decreasing
Slightly volatile
Inventory Turnover56.897140.374454.327
Decreasing
Slightly volatile
PPandE Turnover10.2057.41959.6524
Decreasing
Slightly volatile
Cash and Equivalents Turnover12.380311.06269.7464
Decreasing
Stable
Accounts Payable Turnover6.665.2246.1012
Decreasing
Slightly volatile
Accrued Expenses Turnover20.568410.8615.5331
Decreasing
Slightly volatile
Long Term Debt to Equity0.62520.72520.7092
Increasing
Slightly volatile
Quick Ratio1.27351.08971.2762
Decreasing
Very volatile
Net Current Assets as percentage of Total Assets10.26077.415311.7363
Increasing
Very volatile
Revenue to Assets0.77770.61080.7422
Decreasing
Slightly volatile

Apple Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax63.2 B64.1 B58.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA76.5 B74.2 B68.1 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD72.6 B74.2 B67.8 B
Increasing
Slightly volatile
Market Capitalization1160 B796.1 B725.8 B
Increasing
Slightly volatile
Enterprise Value1150 B885.8 B772.6 B
Increasing
Slightly volatile
Invested Capital308.1 B369.9 B267.1 B
Increasing
Slightly volatile
Average Equity127.9 B133.2 B111.8 B
Increasing
Slightly volatile
Average Assets310.2 B346.5 B285.3 B
Increasing
Slightly volatile
Invested Capital Average287.9 B340.5 B258.1 B
Increasing
Slightly volatile
Tangible Asset Value329.2 B375.3 B292.4 B
Increasing
Slightly volatile
Free Cash Flow53 B51.8 B50.8 B
Increasing
Slightly volatile
Working Capital27.9 B27.8 B33.4 B
Increasing
Slightly volatile
Revenue Per Employee1.8 M1.8 M1.8 M
Increasing
Slightly volatile
Net Income Per Employee380.7 K386.7 K398.1 K
Decreasing
Slightly volatile

Apple Fundamental Market Drivers

Short Percent Of Float0.96%
Forward Price Earnings20.78
Shares Short Prior Month63.49M
Average Daily Volume Last 10 Day32.98M
Average Daily Volume In Three Month26.07M
Date Short InterestDecember 31, 2019
Fifty Day Average282.09
Two Hundred Day Average237.13

Apple Upcoming Events

Upcoming Quarterly Earning ReportJanuary 28, 2020
Next Earnings ReportMay 5, 2020
Next Fiscal Quarter EndDecember 31, 2019
Next Fiscal Year EndNovember 4, 2020
Last Quarter Report DateSeptember 30, 2019
Last Earning Anouncement DateDecember 31, 2018