Apple Balance Sheet - Quarterly (NASDAQ:AAPL)

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$186.5 $0.81 (0.44%) AAPL stock closing price Jun 20, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Apple stock analysis. Financial strength can be guaged by performing Apple stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Apple balance sheet for 2018 Q2 shows total assets of $367.5B. The company has a asset turnover ratio of 0.63. Also see: Apple revenue and Apple operating cash flow for the same quarter.

View and download Apple quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Oct - Sep2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash45.06B27.49B20.29B18.57B15.16B16.37B20.48B18.24B21.51B16.69B
Marketable Securities42.88B49.66B53.89B58.19B51.94B44.08B46.67B43.52B33.77B21.39B
Receivables22.41B50.9B35.67B22.63B20.61B27.98B29.3B19.04B19.82B24.62B
Inventory7.66B4.42B4.86B3.15B2.91B2.71B2.13B1.83B2.28B2.45B
Raw Materials----------
Work In Progress----------
Finished Goods7.66B4.42B4.86B3.15B2.91B2.71B2.13B1.83B2.28B2.45B
Notes Receivable----------
Other Current Assets12.04B11.34B13.94B10.34B11.37B12.19B8.28B11.13B10.2B11.07B
Total Current Assets
130.05B143.81B128.65B112.88B101.99B103.33B106.87B93.76B87.59B76.22B
Property Plant & Equipment80.5B77.11B75.08B68.98B65.12B62.76B61.25B57.99B54.05B51.34B
Accumulated Depreciation45.43B43.43B41.29B39.7B37.96B36.25B34.24B32.54B30.85B29.04B
Net Property Plant & Equipment
35.08B33.68B33.78B29.29B27.16B26.51B27.01B25.45B23.2B22.3B
Investment & Advances179.29B207.94B194.71B184.76B189.74B185.64B170.43B169.76B177.65B177.67B
Other Non-Current Assets----------
Deferred Charges----------
Intangibles-8.04B8.02B8.11B8.09B8.27B8.62B8.77B9.09B9.13B
Deposits & Other Assets23.09B13.32B10.16B10.15B7.55B7.39B8.76B7.86B7.75B7.97B
Total Assets
367.5B406.79B375.32B345.17B334.53B331.14B321.69B305.6B305.28B293.28B
Notes Payable----------
Accounts Payable34.31B62.99B49.05B31.92B28.57B38.51B37.29B26.32B25.1B33.31B
Current Portion Long-Term Debt20.48B18.48B18.47B18.48B13.99B13.99B11.61B16B10.5B9.76B
Current Portion Capital Leases----------
Accrued Expenses26.76B26.28B25.74B23.3B23.1B23.74B22.03B20.82B23.21B24.03B
Income Taxes Payable----------
Other Current Liabilities7.78B8.04B7.55B7.61B7.68B7.89B8.08B8.35B9.46B8.99B
Total Current Liabilities
89.32B115.79B100.81B81.3B73.34B84.13B79.01B71.49B68.27B76.09B
Mortgages----------
Deferred Taxes/Income3.09B3.13B2.84B2.98B3.11B3.16B2.93B3.06B3.32B3.55B
Convertible Debt----------
Long-Term Debt101.36B103.92B97.21B89.86B84.53B73.56B75.43B68.94B69.37B53.2B
Non-Current Capital Leases----------
Other Long-Term Liabilities46.86B43.75B40.42B38.6B39.47B37.9B36.07B35.57B33.86B32.18B
Total Liabilities
240.62B266.6B241.27B212.75B200.45B198.75B193.44B179.06B174.82B165.02B
Minority Interest----------
Preferred Stock----------
Common Stock Net38.04B36.45B35.87B34.45B33.58B32.14B31.25B30.11B29.48B28.25B
Capital Surplus----------
Retained Earnings91.9B104.59B98.33B98.53B100.93B100B96.36B96.54B102.02B101.49B
Treasury Stock----------
Other Liabilities-3.06B-841M-150M-545M-422M245M634M-107M-1.05B-1.48B
Shareholders Equity126.88B140.2B134.05B132.43B134.08B132.39B128.25B126.54B130.46B128.27B
Total Liabilities & Shareholders Equity367.5B406.79B375.32B345.17B334.53B331.14B321.69B305.6B305.28B293.28B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Apple historical stock prices and the current Apple stock price can tell you how the stock price has moved, whereas the Apple PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: AAPL total assets, which was at $367.5B for 2018 Q2 is a balance sheet item representing value of what Apple owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. AAPL stock had total liabilities of $240.62B for the quarter 2018 Q2.

Apple Balance Sheet - Key Ratios

Current ratio
1.46
Debt to equity ratio
0.96
Asset turnover ratio
0.63
Receivables turnover
8.13
Price to book ratio
7.02