Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Does Apple have a good balance sheet? ›
A reading of Apple's balance sheet certainly suggests that it is a well-managed company. It presents its information in a reader-friendly format and does not have any significant exposure to off-the-balance-sheet items that might obfuscate its true situation.
What is the cash flow from operations for Apple? ›Apple cash flow from operating activities for the twelve months ending June 30, 2024 was $304.466B, a 1.04% decline year-over-year. Apple annual cash flow from operating activities for 2023 was $110.543B, a 9.5% decline from 2022.
What are Apple's financial statements? ›| Jun 24 | Mar 24 | |
|---|---|---|
| Total Assets | $ 331.61B | $ 337.41B |
| Total Debt | $ 101.30B | $ 104.59B |
| Net Debt | $ 39.50B | $ 37.44B |
| Total Liabilities | $ 264.90B | $ 263.22B |
Apple has a cash problem. Not that it is lacking: The $2.8 trillion company produces over $100 billion of excess cash a year. But last week's reveal that its top line shrank 4% last quarter – and an underwhelming event on Tuesday that launched upgraded iPads and a new Apple Pencil – show the company's quandary.
Why does Apple have so much cash on balance sheet? ›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.
Does Apple have goodwill on its balance sheet? ›Intangible assets with infinite life, such as goodwill, are not amortized systematically. Instead, they are included on the balance sheet, as Apple has done, and periodically reviewed for impairment.
What is AAPL free cash flow? ›Apple Free Cash Flow: 104.34B for June 30, 2024.
Does Apple use direct or indirect cash flow? ›Short Answer. (a) The method used by Apple is an indirect method.
How much cash does Apple have in 2024? ›Cash on Hand as of June 2024 : $61.80 B
According to Apple's latest financial reports the company has $61.80 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.
The company's market capitalization stands at an impressive $2.96 trillion. Despite a high price-to-earnings (P/E) ratio of 30.03, indicating a premium valuation, investor confidence remains strong. The dividend yield is modest at 0.52%, reflecting Apple's focus on reinvesting profits for growth.
What is Apple's current debt? ›
Total debt on the balance sheet as of June 2024 : $101.30 B
According to Apple's latest financial reports the company's total debt is $101.30 B. A company's total debt is the sum of all current and non-current debts.
Total assets on the balance sheet as of June 2024 : $331.61 B. According to Apple's latest financial reports the company's total assets are $331.61 B.
What is Apple's cash flow strategy? ›Apple's approach to cash allocation is strategic and diversified. The company holds a significant portion of its cash reserves in highly liquid, short-term investments. By doing so, Apple ensures it has the flexibility to meet any immediate financial needs or capitalize on sudden investment opportunities.
What is the cash flow margin for Apple? ›Apple (AAPL) FCF Margin % : 31.14% (As of Jun. 2024)
What are the financial issues with Apple? ›Apple Inc., the tech behemoth once known for its seemingly unstoppable growth, has encountered a significant hurdle. The company's revenue has taken a downward turn, falling 4 % to $90.75bn in the first three months of 2024, a stark contrast to the year before.
Is Apple's balance sheet golden and delicious? ›But for Apple (AAPL. O) , opens new tab, the sharp change in monetary conditions is golden and delicious. The iPhone maker said on Thursday that it ended the first quarter with cash and saleable investments $57 billion greater than its debts.
How much debt does Apple have on its balance sheet? ›Total debt on the balance sheet as of June 2024 : $101.30 B
According to Apple's latest financial reports the company's total debt is $101.30 B. A company's total debt is the sum of all current and non-current debts.
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2024 third quarter ended June 29, 2024. The Company posted quarterly revenue of $85.8 billion, up 5 percent year over year, and quarterly earnings per diluted share of $1.40, up 11 percent year over year.
What company has the largest balance sheet? ›As of 2021, the company with the highest balance sheet is Apple Inc. with a reported balance sheet of over $300 billion USD.