AAPL - Apple Inc.

NASDAQ -> Technology -> Consumer Electronics
Cupertino, United States

AAPL price evolution
AAPL
Balance Sheet
(in millions $) 30 Jun 2021 31 Mar 2021 31 Dec 2020 30 Sep 2020
Current assets
Cash $34050 $38466 $36010 $38016
Short term investments $27646 $31368 $40816 $52927
Net receivables $33908 $33036 $58620 $37445
Inventory $5178 $5219 $4973 $4061
Total current assets $114423 $121465 $154106 $143713
Long term investments $131948 $134539 $118745 $100887
Property, plant & equipment $38615 $37815 $37933 $36766
Goodwill & intangible assets
Total noncurrent assets $215417 $215693 $199948 $180175
Total investments $159594 $165907 $159561 $153814
Total assets $329840 $337158 $354054 $323888
Current liabilities
Accounts payable $40409 $40127 $63846 $42296
Deferred revenue $7681 $7595 $7395 $6643
Short long term debt $16039 $13003 $12762 $13769
Total current liabilities $107754 $106385 $132507 $105392
Long term debt $105752 $108642 $99281 $98667
Total noncurrent liabilities $157806 $161595 $155323 $153157
Total debt $121791 $121645 $112043 $112436
Total liabilities $265560 $267980 $287830 $258549
Shareholders' equity
Retained earnings $9233 $15261 $14301 $14966
Other shareholder equity $58 -$286 $179 -$406
Total shareholder equity $64280 $69178 $66224 $65339
(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 $) 30 Jun 2021 31 Mar 2021 31 Dec 2020 30 Sep 2020
Revenue
Total revenue $81434 $89584 $111439 $64698
Cost of revenue $46179 $51505 $67111 $40009
Gross Profit $35255 $38079 $44328 $24689
Operating activities
Research & development $5717 $5262 $5163 $4978
Selling, general & administrative $5412 $5314 $5631 $4936
Total operating expenses $11129 $10576 $10794 $9914
Operating income $24126 $27503 $33534 $14775
Income from continuing operations
EBIT $24369 $28011 $33579 $14901
Income tax expense $2625 $4381 $4824 $2228
Interest expense
Net income
Net income $21744 $23630 $28755 $12673
Income (for common shares) $21744 $23630 $28755 $12673
(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 $) 30 Jun 2021 31 Mar 2021 31 Dec 2020 30 Sep 2020
Net income $21744 $23630 $28755 $12673
Operating activities
Depreciation $2832 $2797 $2666 $2702
Business acquisitions & disposals -$4 -$9 -$51
Stock-based compensation $1960 $1981 $2020 $1724
Total cash flows from operations $21094 $23981 $38763 $20576
Investing activities
Capital expenditures -$2093 -$2269 -$3500 -$1784
Investments $5747 -$7895 -$5279 $7468
Total cash flows from investing $3572 -$10368 -$8584 $5531
Financing activities
Dividends paid -$3767 -$3447 -$3613 -$3511
Sale and purchase of stock -$22900 -$17987 -$24775 -$16737
Net borrowings $10423 -$978 -$703
Total cash flows from financing -$29396 -$11326 -$32249 -$21357
Effect of exchange rate
Change in cash and equivalents -$4730 $2287 -$2070 $4750
(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 $2.51T
Shares outstanding 16.53B
Revenue $347.15B
EBITDA $111.86B
EBIT $100.86B
Net Income $86.80B
Revenue Q/Q 36.44%
Revenue Y/Y 26.77%
P/E ratio 27.96
EV/Sales 7.24
EV/EBITDA 22.48
EV/EBIT 24.93
P/S ratio 6.99
P/B ratio 37.79
Book/Share 3.89
Cash/Share 2.06
EPS $5.25
ROA 25.82%
ROE 131.01%
Debt/Equity 3.96
Net debt/EBITDA 2.07
Current ratio 1.06
Quick ratio 1.01