Question: What Is Apple’s Long Term Debt?

AAPL: Apple Inc.

Apple’s operated at median long-term debt of $91.807 billion from fiscal years ending September 2015 to 2019.

Looking back at the last five years, Apple’s long-term debt peaked in September 2017 at $97.207 billion.

Apple’s long-term debt hit its five-year low in September 2015 of $53.329 billion.

Does Apple have any debt?

Apple’s EV went from $600 billion at the end of 2017 to $1.12 trillion, doubling. This comes as the company’s market cap and cash have risen steadily. With that, Apple’s net debt has fallen from nearly $50 billion last year to $14 billion as of the second quarter of 2019.

What is Apple’s debt?

Total Debt for Apple Inc. Apple’s total debt hit its five-year low in September 2015 of 64.341 billion. Apple’s total debt decreased in 2018 (114.5 billion, -1.0%) and 2019 (108 billion, -5.6%) and increased in 2015 (64.341 billion, +82.3%), 2016 (87.032 billion, +35.3%) and 2017 (115.7 billion, +32.9%).

Is Apple financially stable?

The size of Apple Inc. (NASDAQ:AAPL), a US$715b large-cap, often attracts investors seeking a reliable investment in the stock market. One reason being its ‘too big to fail’ aura which gives it the appearance of a strong and stable investment. However, its financial health remains the key to continued success.

How much debt does Amazon have?

Amazon increased its U.S. government and agency securities holdings by a record $6.8 billion in 2018, ending the year with $11.7 billion worth of the debt, the most ever, according to the company’s annual report.

Why Apple is borrowing $7 billion while sitting on a $200 billion cash pile?

Apple is sitting on a $200 billion cash pile, making it one of the most cash-rich companies in the world. This means that companies looking to borrow can find lower rates for longer bond durations.

What bank does Apple use?

Apple Card

Apple Card within the Wallet app in iOS 12 on an iPhone XS
LocationUnited States
LaunchedAugust 20, 2019
TechnologyCredit card Contactless payment Apple Pay
OperatorApple Inc. (developer) Goldman Sachs (issuing bank) Mastercard (payment network)

2 more rows

Why does Apple issue debt?

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.

How much cash does Apple have 2020?

Today after the bell, Apple reported the results of the first quarter of its fiscal 2020. The company’s revenue totaled $91.8 billion, far ahead of expectations of $88.43 billion. At the same time, the company’s per-share profit of $4.99 was greater than the market-anticipated figure of $4.54 per share.

How is Netflix in debt?

Netflix finished the September quarter with $12.4 billion in long-term debt. The debt increased from $10.4 billion at the beginning of the year. Last month, the company announced a plan to borrow $2.0 billion more through bond sales in the US and Europe, which could take its debt load to over $14 billion.

How much is Apple’s 2019 debt?

Debt Capitalization

Apple’s current liabilities as of June 29, 2019, were $89.7 billion, consisting of $29.1 billion in accounts payable $13.5 billion in short-term notes and bonds.

How much cash does Apple have right now?

Apple now has $245 billion cash on hand, according to its first-quarter 2019 earnings report. That’s 3 percent more than it had on hand in the previous quarter, when it reported $237.1 billion in cash.

How much cash does Apple have 2019?

Apple now has $210.6 billion cash on hand, according to the company’s fiscal third-quarter earnings report released on Tuesday. That’s a 6.6% decline from its fiscal second quarter of 2019, when it reported a cash pile of $225.4 billion. It’s down 13.6% from the year-ago quarter.