Apple Balance Sheet - Quarterly (NASDAQ:AAPL)

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$150.58 $1.31 (0.86%) AAPL stock closing price Sep 25, 2017 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Apple, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Apple stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Apple balance sheet as at the end of 2017-Q3 indicates an asset turnover ratio of 0.53M and debt to equity ratio of 0.82M. Whereas, Apple revenue was $45.41B and Apple operating cash flow was $47.94B for the same period. View Apple quarterly results to get the balance sheet details for the latest 40 quarters data.

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Annual
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Fiscal year is Oct - Sep.2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q2
Cash18.57B15.16B16.37B20.48B18.24B21.51B16.69B21.12B15.32B14.49B
Marketable Securities58.19B51.94B44.08B46.67B43.52B33.77B21.39B20.48B19.38B18.61B
Receivables22.63B20.61B27.98B29.3B19.04B19.82B24.62B30.34B19.91B18.16B
Inventory3.15B2.91B2.71B2.13B1.83B2.28B2.45B2.35B2.04B2.4B
Raw Materials----------
Work In Progress----------
Finished Goods-2.91B2.71B2.13B1.83B-2.45B2.35B2.04B2.4B
Notes Receivable----------
Other Current Assets10.34B11.37B12.19B8.28B11.13B10.2B11.07B15.09B14.3B14.24B
Apple Total Current Assets
112.88B101.99B103.33B106.87B93.76B87.59B76.22B89.38B70.95B67.89B
Property Plant & Equipment68.98B65.12B62.76B61.25B57.99B54.05B51.34B49.26B45.54B42.46B
Accumulated Depreciation39.7B37.96B36.25B34.24B32.54B30.85B29.04B26.79B24.4B22.31B
Apple Net Property Plant & Equipment
29.29B27.16B26.51B27.01B25.45B23.2B22.3B22.47B21.15B20.15B
Investment & Advances184.76B189.74B185.64B170.43B169.76B177.65B177.67B164.07B168.15B160.44B
Other Non-Current Assets----------
Deferred Charges----------
Intangibles8.11B8.09B8.27B8.62B8.77B9.09B9.13B9.01B8.82B8.77B
Deposits & Other Assets10.15B7.55B7.39B8.76B7.86B7.75B7.97B5.56B4.08B3.94B
Apple Total Assets
345.17B334.53B331.14B321.69B305.6B305.28B293.28B290.48B273.15B261.19B
Notes Payable----------
Accounts Payable31.92B28.57B38.51B37.29B26.32B25.1B33.31B35.49B26.47B23.16B
Current Portion Long-Term Debt18.48B13.99B13.99B11.61B16B10.5B9.76B11B7B3.8B
Current Portion Capital Leases----------
Accrued Expenses23.3B23.1B23.74B22.03B20.82B23.21B24.03B25.18B22.72B22.83B
Income Taxes Payable----------
Other Current Liabilities7.61B7.68B7.89B8.08B8.35B9.46B8.99B8.94B9.09B8.94B
Apple Total Current Liabilities
81.3B73.34B84.13B79.01B71.49B68.27B76.09B80.61B65.29B58.73B
Mortgages----------
Deferred Taxes/Income2.98B3.11B3.16B2.93B3.06B3.32B3.55B3.62B3.47B3.57B
Convertible Debt----------
Long-Term Debt89.86B84.53B73.56B75.43B68.94B69.37B53.2B53.46B47.42B40.07B
Non-Current Capital Leases----------
Other Long-Term Liabilities38.6B39.47B37.9B36.07B35.57B33.86B32.18B33.43B31.3B29.82B
Apple Total Liabilities
212.75B200.45B198.75B193.44B179.06B174.82B165.02B171.12B147.47B132.19B
Minority Interest----------
Preferred Stock----------
Common Stock Net34.45B33.58B32.14B31.25B30.11B29.48B28.25B27.42B26.33B25.38B
Capital Surplus----------
Retained Earnings98.53B100.93B100B96.36B96.54B102.02B101.49B92.28B98.25B100.92B
Treasury Stock----------
Other Liabilities-545M-422M245M634M-107M-1.05B-1.48B-345M1.1B2.71B
Apple Shareholders Equity
132.43B134.08B132.39B128.25B126.54B130.46B128.27B119.36B125.68B129.01B
Apple Total Liabilities & Shareholders Equity
345.17B334.53B331.14B321.69B305.6B305.28B293.28B290.48B273.15B261.19B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Apple stock price by looking at Apple historical stock prices. One can compare PE with industry average by looking at the Apple PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Apple owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for AAPL stock as of quarter is $345.17B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. AAPL stock had total liabilities of $212.75B for quarter 2017-Q3.
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Apple Balance Sheet - Key Ratios

Current ratio
1.39
Debt to equity ratio
0.82
Asset turnover ratio
0.53
Receivables turnover
9.35
price to book ratio
6.04