Apple (AAPL) - Total liabilities (2024)

FAQs

What is the total liabilities of Apple company? ›

Total liabilities on the balance sheet as of March 2024 : $263.21 B. According to Apple's latest financial reports the company's total liabilities are $263.21 B. A company's total liabilities is the sum of all current and non-current debts and obligations.

When assessing any balance sheet, including Apple's, it's important to take a look at the company's capital structure; how much equity it has versus debt. Looking at cash, cash equivalents, short-term debt, and long-term debt, will provide that information.

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.

In fact, in this case, it points to Apple's financial prowess. The tech giant started borrowing aggressively about a decade ago to take advantage of ultra-low interest rates. This has helped to fund its buybacks and dividends. Moreover, you'd struggle to find a more profitable enterprise than this one.

Total liabilities are the aggregate debt and financial obligations owed by a business to individuals and organizations at any specific period of time. Total liabilities are reported on a company's balance sheet and are a component of the general accounting equation: Assets = Liabilities + Equity.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, APPLE AND ITS EMPLOYEES AND AGENTS WILL UNDER NO CIRc*msTANCES BE LIABLE TO YOU OR ANY SUBSEQUENT OWNER OF THE COVERED EQUIPMENT FOR ANY INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING, BUT NOT LIMITED TO, THE COSTS OF RECOVERING, REPROGRAMMING, OR REPRODUCING ANY PROGRAM ...

How Strong Is Apple's Balance Sheet? The latest balance sheet data shows that Apple had liabilities of US$137.3b due within a year, and liabilities of US$152.7b falling due after that. Offsetting these obligations, it had cash of US$51.4b as well as receivables valued at US$54.2b due within 12 months.

Apple isn't just borrowing to benefit from inflation. They're strategically deploying this capital in areas that yield higher returns. One such area is stock buybacks. Over the past decade, Apple has reduced its outstanding shares from 26 billion to 16 billion, effectively boosting its stock price.

Some claim that the money is stockpiling because Apple is not able to bring it back to the United States for fear of being subjected to corporate taxes. There are, however, other more fundamental reasons, why a company basing itself on innovation chooses to save as much money as possible. Not all assets are cash.

Apple's debt ratio of 31% (comparing its debt to assets) has actually come down in recent years. And it demonstrates that there are ample assets backing the company. The business generated an incredible $114 billion in operating income in fiscal 2023. But it only made $3.9 billion in interest payments.

Is Apple a financially stable company? ›

Apple scored highest for financial strength among the latest Management Top 250 companies, followed by Microsoft MSFT 0.12%increase; green up pointing triangle and Alphabet GOOGL -0.11%decrease; red down pointing triangle .

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.

Apple now has $162.1 billion in cash on hand, according to the company's fiscal fourth-quarter earnings report released Thursday. The figure is below the company's cash pile from its fiscal third quarter of 2023, when it reported $166.5 billion.

Apple total liabilities for 2023 were $290.437B, a 3.86% decline from 2022. Apple total liabilities for 2022 were $302.083B, a 4.92% increase from 2021. Apple total liabilities for 2021 were $287.912B, a 11.36% increase from 2020.

Total liabilities are the combined debts that an individual or company owes. They are generally broken down into three categories: short-term, long-term, and other liabilities. On the balance sheet, total liabilities plus equity must equal total assets.

Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.

Apple carries over $100 billion of long-term debt on its balance sheet. But the tech titan is also able to produce massive amounts of free cash flow.