Apple (AAPL) Debt Metrics

Price: $229.87
Market Cap: $3.47T
Avg Volume: 47.91M
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 1.24
52W Range: $164.08-237.49
Website: Apple

How much debt does Apple have?

According to Apple's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Apple's total debt stands at $106.63B. This is broken down into:

  • Long-term debt: $96.55B
  • Short-term debt: $22.51B

The company's net debt, which accounts for cash and cash equivalents, is $76.69B. In terms of overall financial obligations, Apple's total liabilities amount to $308.03B.

Debt Ratios and Metrics

To better understand Apple's debt position, we can look at several key ratios:

  • Debt to Equity Ratio: 1.87 - this indicates the proportion of equity and debt the company uses to finance its assets.
  • Debt Ratio: 29.22% - this shows the proportion of a company's assets that are financed through debt.
  • Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
  • Long-term Debt to Capitalization: 60.09% - this shows the proportion of long-term debt in the company's capital structure.
  • Total Debt to Capitalization: 65.19% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Apple's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.

Total Debt

$106.63B

Long-term Debt

$96.55B

Short-term Debt

$22.51B

Net Debt

$76.69B

Total Liabilities

$308.03B

Interest Coverage

0.00

Debt to Equity Ratio

1.87

Debt Ratio

29.22%

Apple Historical Debt Metrics
Total Debt
Long-term Debt
Short-term Debt
Net Debt
$150.00B$150.00B$120.00B$120.00B$90.00B$90.00B$60.00B$60.00B$30.00B$30.00B$0.00$0.00Debt Metrics201620162017201720182018201920192020202020212021202220222023202320242024

Apple Historical Debt

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.

Year Total Debt Long-term Debt Short-term Debt Net Debt Total Liabilities Debt to Equity Debt Ratio Interest Coverage Long-term Debt to Capitalization Total Debt to Capitalization
2024 $106.63B $96.55B $22.51B $76.69B $308.03B 1.87 29.22% 0.00 60.09% 65.19%
2023 $111.09B $106.55B $17.38B $81.12B $290.44B 1.79 31.51% 29.06 60.52% 64.13%
2022 $132.48B $109.71B $22.77B $108.83B $302.08B 2.37 34.04% 40.75 66.14% 70.32%
2021 $136.52B $119.38B $17.14B $101.58B $287.91B 1.98 35.53% 41.19 63.36% 66.41%
2020 $122.28B $107.05B $15.23B $84.26B $258.55B 1.72 34.71% 23.07 60.16% 63.25%
2019 $108.05B $91.81B $16.24B $59.20B $248.03B 1.19 31.92% 17.88 50.36% 54.42%
2018 $114.48B $93.73B $20.75B $88.57B $258.58B 1.07 31.30% 21.88 46.66% 51.66%
2017 $115.68B $97.21B $18.47B $95.39B $241.27B 0.86 30.82% 26.41 42.03% 46.32%
2016 $87.03B $75.43B $11.61B $66.55B $193.44B 0.68 27.05% 42.97 37.03% 40.43%
2015 $64.33B $53.33B $11.00B $43.21B $170.99B 0.54 22.16% 97.18 30.88% 35.02%