AAPL - Apple Inc.

NASDAQ -> Technology -> Consumer Electronics
Cupertino, United States
AAPL price evolution
AAPL
Balance Sheet
(in millions $) 31 Mar 2021 31 Dec 2020 30 Sep 2020 30 Jun 2020
Current assets
Cash $38466 $36010 $38016 $33383
Short term investments $31368 $40816 $52927 $59642
Net receivables $33036 $58620 $37445 $32075
Inventory $5219 $4973 $4061 $3978
Total current assets $121465 $154106 $143713 $140065
Long term investments $134539 $118745 $100887 $100592
Property, plant & equipment $37815 $37933 $36766 $35687
Goodwill & intangible assets
Total noncurrent assets $215693 $199948 $180175 $177279
Total investments $165907 $159561 $153814 $160234
Total assets $337158 $354054 $323888 $317344
Current liabilities
Accounts payable $40127 $63846 $42296 $35325
Deferred revenue $7595 $7395 $6643 $6313
Short long term debt $13003 $12762 $13769 $18675
Total current liabilities $106385 $132507 $105392 $95318
Long term debt $108642 $99281 $98667 $94048
Total noncurrent liabilities $161595 $155323 $153157 $149744
Total debt $121645 $112043 $112436 $112723
Total liabilities $267980 $287830 $258549 $245062
Shareholders' equity
Retained earnings $15261 $14301 $14966 $24136
Other shareholder equity -$286 $179 -$406 -$550
Total shareholder equity $69178 $66224 $65339 $72282
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Current assets
Cash $38016 $48844 $25913 $20289
Short term investments $52927 $51713 $40388 $53892
Net receivables $37445 $45804 $48995 $35673
Inventory $4061 $4106 $3956 $4855
Total current assets $143713 $162819 $131339 $128645
Long term investments $100887 $105341 $170799 $194714
Property, plant & equipment $36766 $37378 $41304 $33783
Goodwill & intangible assets $8015
Total noncurrent assets $180175 $175697 $234386 $246674
Total investments $153814 $157054 $211187 $248606
Total assets $323888 $338516 $365725 $375319
Current liabilities
Accounts payable $42296 $46236 $55888 $49049
Deferred revenue $6643 $5522 $10340 $10384
Short long term debt $13769 $16240 $20748 $18473
Total current liabilities $105392 $105718 $116866 $100814
Long term debt $98667 $91807 $93735 $97207
Total noncurrent liabilities $153157 $142310 $141712 $140458
Total debt $112436 $108047 $114483 $115680
Total liabilities $258549 $248028 $258578 $241272
Shareholders' equity
Retained earnings $14966 $45898 $70400 $98330
Other shareholder equity -$406 -$584 -$3454 -$150
Total shareholder equity $65339 $90488 $107147 $134047
Income Statement
(in millions $) 31 Mar 2021 31 Dec 2020 30 Sep 2020 30 Jun 2020
Revenue
Total revenue $89584 $111439 $64698 $59685
Cost of revenue $51505 $67111 $40009 $37005
Gross Profit $38079 $44328 $24689 $22680
Operating activities
Research & development $5262 $5163 $4978 $4758
Selling, general & administrative $5314 $5631 $4936 $4831
Total operating expenses $10576 $10794 $9914 $9589
Operating income $27503 $33534 $14775 $13091
Income from continuing operations
EBIT $28011 $33579 $14901 $13137
Income tax expense $4381 $4824 $2228 $1884
Interest expense
Net income
Net income $23630 $28755 $12673 $11253
Income (for common shares) $23630 $28755 $12673 $11253
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Revenue
Total revenue $274515 $260174 $265595 $229234
Cost of revenue $169559 $161782 $163756 $141048
Gross Profit $104956 $98392 $101839 $88186
Operating activities
Research & development $18752 $16217 $14236 $11581
Selling, general & administrative $19916 $18245 $16705 $15261
Total operating expenses $38668 $34462 $30941 $26842
Operating income $66288 $63930 $70898 $61344
Income from continuing operations
EBIT $67091 $65737 $72903 $64089
Income tax expense $9680 $10481 $13372 $15738
Interest expense
Net income
Net income $57411 $55256 $59531 $48351
Income (for common shares) $57411 $55256 $59531 $48351
Cash Flow
(in millions $) 31 Mar 2021 31 Dec 2020 30 Sep 2020 30 Jun 2020
Net income $23630 $28755 $12673 $11253
Operating activities
Depreciation $2797 $2666 $2702 $2752
Business acquisitions & disposals -$9 -$51 -$339
Stock-based compensation $1981 $2020 $1724 $1698
Total cash flows from operations $23981 $38763 $20576 $16271
Investing activities
Capital expenditures -$2269 -$3500 -$1784 -$1565
Investments -$7895 -$5279 $7468 -$2998
Total cash flows from investing -$10368 -$8584 $5531 -$5165
Financing activities
Dividends paid -$3447 -$3613 -$3511 -$3656
Sale and purchase of stock -$17987 -$24775 -$16737 -$15891
Net borrowings $10423 -$978 -$703 $2168
Total cash flows from financing -$11326 -$32249 -$21357 -$19116
Effect of exchange rate
Change in cash and equivalents $2287 -$2070 $4750 -$8010
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Net income $57411 $55256 $59531 $48351
Operating activities
Depreciation $11056 $12547 $10903 $10157
Business acquisitions & disposals -$1524 -$624 -$721 -$329
Stock-based compensation $6829 $6068 $5340 $4840
Total cash flows from operations $80674 $69391 $77434 $63598
Investing activities
Capital expenditures -$7309 -$10495 -$13313 -$12795
Investments $5335 $58093 $30845 -$33542
Total cash flows from investing -$4289 $45896 $16066 -$46446
Financing activities
Dividends paid -$14081 -$14119 -$13712 -$12769
Sale and purchase of stock -$71478 -$66116 -$72069 -$32345
Net borrowings $2499 -$7819 $432 $29014
Total cash flows from financing -$86820 -$90976 -$87876 -$17347
Effect of exchange rate
Change in cash and equivalents -$10435 $24311 $5624 -$195
Fundamentals
Market cap $2.43T
Enterprise value $2.52T
Shares outstanding 16.69B
Revenue $325.41B
EBITDA $100.55B
EBIT $89.63B
Net Income $76.31B
Revenue Q/Q 53.63%
Revenue Y/Y 21.43%
P/E ratio 31.90
EV/Sales 7.74
EV/EBITDA 25.04
EV/EBIT 28.09
P/S ratio 7.48
P/B ratio 35.04
Book/Share 4.16
Cash/Share 2.31
EPS $4.57
ROA 22.91%
ROE 111.80%
Debt/Equity 3.96
Net debt/EBITDA 2.28
Current ratio 1.14
Quick ratio 1.09