Apple Debt/Equity
What is the Debt/Equity of Apple?
The Debt/Equity of Apple Inc. is 5.96
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Consumer Discretionary sector on XETRA compared to Apple
What does Apple do?
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch. Further, it provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.
Companies with debt/equity similar to Apple
- Kalytera Therapeutics has Debt/Equity of 5.92
- IAA Inc has Debt/Equity of 5.93
- Ellington Credit Co has Debt/Equity of 5.94
- WPP Plc has Debt/Equity of 5.95
- ViaGold Rare Earth Resources has Debt/Equity of 5.95
- Pioneer has Debt/Equity of 5.96
- Apple has Debt/Equity of 5.96
- MAX Automation SE has Debt/Equity of 5.96
- Brookfield Asset Management Re has Debt/Equity of 5.97
- Guanajuato Silver has Debt/Equity of 5.97
- Vangold Mining Corp has Debt/Equity of 5.97
- Crestwood Equity Partners LP has Debt/Equity of 5.97
- Goosehead Insurance Inc has Debt/Equity of 5.98