Apple (AAPL) - Cash on Hand (2024)

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Apple (AAPL) - Cash on Hand? ›

Cash on Hand as of March 2024 : $67.15 B

Apple cash on hand for the quarter ending March 31, 2024 was $67.150B, a 20.19% increase year-over-year. Apple cash on hand for 2023 was $61.555B, a 27.43% increase from 2022. Apple cash on hand for 2022 was $48.304B, a 22.89% decline from 2021. Apple cash on hand for 2021 was $62.639B, a 31.12% decline from 2020.

Apple (AAPL) Cash And Cash Equivalents : $32,695 Mil (As of Mar. 2024)

Research by the professors at Kellogg School of Management found that reserves of Apple, Inc. (NASDAQ:AAPL), Alphabet, Inc. (NASDAQ:GOOG), and Microsoft Corporation (NASDAQ:MSFT) accounted for 92% of cash reserves that they could document.

Any excess cash is better used in different ways. In the case of Apple, it's investment in securities. These investments allow Apple to hedge against currency-related risks, and receive some revenue to keep up with inflation.

Warren Buffett's $189 Billion Cash Pile Isn't a Stock Market Crash Signal - Markets Insider.

The company's cash hoard reached a record high of $188.99 billion, up from $167.6 billion in the fourth quarter. That massive holding, well above a CFRA Research estimate of more than $170 billion, points to Buffett's inability to find a suitable major acquisition target — which he has lamented in recent years.

Cash on Hand as of March 2024 : $67.15 B

According to Apple's latest financial reports the company has $67.15 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Tesla cash on hand for the quarter ending March 31, 2024 was $26.863B, a 19.91% increase year-over-year. Tesla cash on hand for 2023 was $29.094B, a 31.14% increase from 2022. Tesla cash on hand for 2022 was $22.185B, a 25.29% increase from 2021. Tesla cash on hand for 2021 was $17.707B, a 8.65% decline from 2020.

Total debt on the balance sheet as of March 2024 : $104.59 B

According to Apple's latest financial reports the company's total debt is $104.59 B. A company's total debt is the sum of all current and non-current debts.

Where does Apple keep its money? ›

Apple CFO Luca Maestri said during the company's conference call with analysts on Tuesday that $230.2 billion of its cash -- 94% of it -- was being held overseas. President Trump has called for a one-time tax cut to bring back -- or repatriate -- the cash that big businesses have in foreign accounts.

As the U.S. government struggles to reach an agreement on the debt-ceiling, the U.S. Treasury's balance has fallen behind Apple Inc. The balance fell to $74 billion behind Apple's $76 billion. Apple is the second largest company in the world by market value, at nearly $362 billion.

Leverage. Due to the zero interest rate policy (ZIRP) environment, Apple began issuing its first bonds and notes in 2013, underwriting a total of $64.46 billion worth of debt. Apple made this move not because it needed the capital but because it was essentially receiving free money.

Apple's $162 billion problem

The iPhone maker has too much cash on its hands. As of March 30, 2024, Apple's cash, cash equivalents, and marketable securities totaled $162.3 billion. To put that number into perspective, it's greater than the market cap of 450 members of the S&P 500.

CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. The Company posted quarterly revenue of $90.8 billion, down 4 percent year over year, and quarterly earnings per diluted share of $1.53.

2024 was $-1,996 Mil. Its cash flow for capital expenditures for the trailing twelve months (TTM) ended in Mar. 2024 was $-8,644.00 Mil.