Cash Ratio snapshot
Apple's cash ratio was 0.22 in FY2025, compared with 0.17 in FY2024. On a trailing-twelve-month basis it was 0.34 as of Q2 FY26. The cash ratio is cash and equivalents divided by current liabilities — the most conservative liquidity measure, counting only cash against short-term obligations.
Cash Ratio (latest FY)
0.22
Cash Ratio (TTM)
0.34
Current ratio (latest FY)
0.89
Quick ratio (latest FY)
0.86
Apple Cash Ratio
Cash & equivalents ÷ current liabilities
Cash Ratio vs. related metrics
Apple Cash Ratio — by fiscal year
| Fiscal year | Cash ratio | Current ratio | Quick ratio |
|---|---|---|---|
| FY2025 | 0.22 | 0.89 | 0.86 |
| FY2024 | 0.17 | 0.87 | 0.83 |
| FY2023 | 0.21 | 0.99 | 0.94 |
| FY2022 | 0.15 | 0.88 | 0.85 |
| FY2021 | 0.28 | 1.07 | 1.02 |
| FY2020 | 0.36 | 1.36 | 1.33 |
| FY2019 | 0.46 | 1.54 | 1.50 |
| FY2018 | 0.22 | 1.13 | 1.10 |
| FY2017 | 0.20 | 1.28 | 1.23 |
| FY2016 | 0.26 | 1.35 | 1.33 |
| FY2015 | 0.26 | 1.11 | 1.08 |
| FY2014 | 0.22 | 1.08 | 1.05 |
| FY2013 | 0.33 | 1.68 | 1.64 |
| FY2012 | 0.28 | 1.50 | 1.48 |
| FY2011 | 0.35 | 1.61 | 1.58 |
| FY2010 | 0.54 | 2.01 | 1.96 |
| FY2009 | 0.46 | 2.74 | 2.70 |
| FY2008 | 0.84 | 2.29 | 2.26 |
| FY2007 | — | — | — |
| FY2006 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Cash ratio | Current ratio | Quick ratio |
|---|---|---|---|
| Q2 FY26 | 0.34 | 1.07 | 1.02 |
| Q1 FY26 | 0.28 | 0.97 | 0.94 |
| Q4 FY25 | 0.22 | 0.89 | 0.86 |
| Q3 FY25 | 0.26 | 0.87 | 0.83 |
| Q2 FY25 | 0.19 | 0.82 | 0.78 |
| Q1 FY25 | 0.21 | 0.92 | 0.88 |
| Q4 FY24 | 0.17 | 0.87 | 0.83 |
| Q3 FY24 | 0.19 | 0.95 | 0.91 |
| Q2 FY24 | 0.26 | 1.04 | 0.99 |
| Q1 FY24 | 0.30 | 1.07 | 1.02 |
| Q4 FY23 | 0.21 | 0.99 | 0.94 |
| Q3 FY23 | 0.23 | 0.98 | 0.92 |
Figures normalized from SEC filings. See the full Apple ratios & metrics.