Apple Financial Statements Trends

This module enables investors to look at Apple various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 53.4 B, Cost of Revenue of 140.1 B or Earning Before Interest and Taxes EBIT of 72.5 B, but also many exotic indicators such as Long Term Debt to Equity of 0.5881, Calculated Tax Rate of 25.5573 or PPandE Turnover of 8.74. This module is a perfect complement to use when analyzing Apple Valuation or Volatility. It can also complement various Apple Technical models. Check also analysis of Apple Correlation with competitors.

Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Accumulated Other Comprehensive Income(345 M)(345 M)17.2 M
Decreasing
Stable
Total Assets321.7 B321.7 B169.1 B
Increasing
Slightly volatile
Current Assets106.9 B106.9 B61.8 B
Increasing
Slightly volatile
Assets Non Current201.1 B201.1 B103.9 B
Increasing
Slightly volatile
Cash and Equivalents67.9 B21.1 B17 B
Increasing
Slightly volatile
Cash and Equivalents USD21.1 B21.1 B13.4 B
Increasing
Slightly volatile
Total Debt87 B64.5 B33.4 B
Increasing
Slightly volatile
Debt Current11 B11 B7.3 B
Increasing
Slightly volatile
Debt Non Current53.5 B53.5 B29.1 B
Increasing
Slightly volatile
Total Debt USD64.5 B64.5 B31.7 B
Increasing
Slightly volatile
Deferred Revenue12.6 B12.6 B7.8 B
Increasing
Slightly volatile
Shareholders Equity128.2 B128.2 B81.2 B
Increasing
Slightly volatile
Shareholders Equity USD119.4 B119.4 B79.1 B
Increasing
Slightly volatile
Goodwill and Intangible Assets9 B9 B4.8 B
Increasing
Slightly volatile
Inventory2.3 B2.3 B1.3 B
Increasing
Slightly volatile
Investments184.5 B184.5 B98.7 B
Increasing
Slightly volatile
Investments Current20.5 B20.5 B15.7 B
Increasing
Slightly volatile
Investments Non Current164.1 B164.1 B85.2 B
Increasing
Slightly volatile
Total Liabilities193.4 B193.4 B87.9 B
Increasing
Slightly volatile
Current Liabilities79 B79 B43.2 B
Increasing
Slightly volatile
Liabilities Non Current88.9 B88.9 B33.2 B
Increasing
Slightly volatile
Trade and Non Trade Payables35.5 B35.5 B20 B
Increasing
Slightly volatile
Property Plant and Equipment Net22.5 B22.5 B12.5 B
Increasing
Slightly volatile
Trade and Non Trade Receivables30.3 B30.3 B16.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit92.3 B92.3 B62.4 B
Increasing
Slightly volatile
Tax Assets4.3 B4.3 B2.6 B
Increasing
Slightly volatile
Tax Liabilities235 M235 M235 M
Steady
Stable

Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Consolidated Income53.4 B53.4 B30 B
Increasing
Slightly volatile
Cost of Revenue140.1 B140.1 B80.1 B
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT72.5 B72.5 B40.6 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD72.5 B72.5 B40.6 B
Increasing
Slightly volatile
Gross Profit84.3 B93.6 B52.2 B
Increasing
Slightly volatile
Net Income45.7 B45.7 B28.1 B
Increasing
Slightly volatile
Net Income Common Stock53.4 B53.4 B30 B
Increasing
Slightly volatile
Net Income Common Stock USD53.4 B53.4 B30 B
Increasing
Slightly volatile
Operating Expenses22.4 B22.4 B13 B
Increasing
Slightly volatile
Operating Income60 B60 B37 B
Increasing
Slightly volatile
Revenues215.6 B215.6 B129 B
Increasing
Slightly volatile
Revenues USD233.7 B233.7 B133.1 B
Increasing
Slightly volatile
Research and Development Expense8.1 B8.1 B4.2 B
Increasing
Slightly volatile
Selling General and Administrative Expense14.3 B14.3 B8.9 B
Increasing
Slightly volatile
Weighted Average Shares5.3 B5.5 B6 B
Decreasing
Slightly volatile
Weighted Average Shares Diluted5.5 B5.5 B6.1 B
Decreasing
Slightly volatile
Income Tax Expense19.1 B19.1 B10.7 B
Increasing
Slightly volatile

Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(11.2 B)(11.2 B)(6.2 B)
Decreasing
Slightly volatile
Depreciation Amortization and Accretion11.3 B11.3 B5.2 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents7.3 B7.3 B2.9 B
Increasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(584 M)(584 M)(1.1 B)
Decreasing
Stable
Issuance Purchase of Equity Shares(34.7 B)(34.7 B)(15.5 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 29.3 B29.3 B19.5 B
Increasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (11.6 B)(11.6 B)(6.6 B)
Decreasing
Slightly volatile
Net Cash Flow from Financing(20.5 B)(20.5 B)(9.9 B)
Decreasing
Slightly volatile
Net Cash Flow from Investing(46 B)(46 B)(29.4 B)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(44.4 B)(44.4 B)(24.4 B)
Decreasing
Slightly volatile
Net Cash Flow from Operations65.8 B65.8 B40.5 B
Increasing
Slightly volatile
Share Based Compensation3.6 B3.6 B1.9 B
Increasing
Slightly volatile
Cash Beginning of Year21.1 B21.1 B12.3 B
Increasing
Slightly volatile
Cash End of Year20.5 B20.5 B13.5 B
Increasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Asset Turnover0.70640.70640.9375
Decreasing
Slightly volatile
Book Value per Share21.13621.13613.2275
Increasing
Slightly volatile
Current Ratio1.351.35271.6911
Decreasing
Slightly volatile
Debt to Equity Ratio0.680.67860.3071
Increasing
Slightly volatile
Share Dilution Ratio1.00631.00631.0126
Decreasing
Slightly volatile
Dividend Yield0.0170.0170.0106
Increasing
Slightly volatile
Dividends per Basic Common Share1.981.981.0785
Increasing
Slightly volatile
EBITDA Margin0.278432.152826.2032
Increasing
Stable
Earnings per Basic Share8.358.354.7488
Increasing
Slightly volatile
Earnings per Diluted Share8.318.314.7119
Increasing
Slightly volatile
EPS Diluted Growth0.27090.27090.7099
Decreasing
Slightly volatile
EPS Growth0.26910.26910.7066
Decreasing
Slightly volatile
Earnings per Basic Share USD9.289.284.9862
Increasing
Slightly volatile
Enterprise Value over EBIT9.09.014.1538
Decreasing
Slightly volatile
Enterprise Value over EBITDA8.2768.27611.7411
Decreasing
Slightly volatile
Free Cash Flow per Share12.739.73095.9802
Increasing
Slightly volatile
Gross Margin39.07639.07637.7273
Increasing
Slightly volatile
Financial Leverage1.01.01.0
Steady
Stable
Leverage Ratio2.2262.2261.7892
Increasing
Slightly volatile
NCFO Growth0.05990.05990.5508
Decreasing
Slightly volatile
Net Income Growth0.20850.20850.6237
Decreasing
Slightly volatile
Profit Margin0.211921.186818.1667
Increasing
Very volatile
Payout Ratio0.2130.2130.1412
Increasing
Slightly volatile
Price to Book Value4.965.4815.1807
Increasing
Very volatile
Price to Earnings Ratio14.3212.36127.0103
Decreasing
Slightly volatile
Price to Sales Ratio2.952.8243.2551
Decreasing
Stable
Revenue Growth0.17610.17610.3018
Decreasing
Slightly volatile
Return on Average Assets0.122614.926417.1123
Decreasing
Stable
Return on Average Equity0.36936.903331.3923
Decreasing
Very volatile
Return on Invested Capital0.3220.3220.4349
Decreasing
Slightly volatile
Return on Sales0.310.310.2708
Increasing
Slightly volatile
Weighted Average Share Growth(0.0486)(0.0486)(0.0098)
Decreasing
Slightly volatile
Sales per Share39.524539.524521.9076
Increasing
Slightly volatile
Tax Efficiency0.73940.73940.7327
Increasing
Slightly volatile
Tangible Assets Book Value per Share49.84549.84526.3246
Increasing
Slightly volatile
Total Assets Per Share60.284160.284129.5125
Increasing
Slightly volatile
Cash Flow Per Share12.335412.33547.0082
Increasing
Slightly volatile
Return on Investment30.079830.079838.3166
Decreasing
Very volatile
Operating Margin27.8427.835425.9557
Increasing
Slightly volatile
Calculated Tax Rate25.557325.557326.7056
Decreasing
Slightly volatile
Receivables Turnover7.2517.2518.1747
Decreasing
Stable
Inventory Turnover58.636958.636963.7125
Increasing
Stable
PPandE Turnover8.748.7412.8818
Decreasing
Slightly volatile
Cash and Equivalents Turnover10.394710.39479.1372
Increasing
Slightly volatile
Accounts Payable Turnover5.94175.94176.9146
Decreasing
Stable
Accrued Expenses Turnover9.16089.160824.2045
Decreasing
Slightly volatile
Long Term Debt to Equity0.58810.58810.2746
Increasing
Slightly volatile
Quick Ratio1.22081.22081.4403
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets8.66168.661621.4695
Decreasing
Slightly volatile
Revenue to Assets0.67030.67030.822
Decreasing
Slightly volatile

Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Average Assets271.7 B271.7 B148.8 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA70.5 B69.3 B41.6 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD83.8 B83.8 B45.8 B
Increasing
Slightly volatile
Earnings before Tax72.5 B72.5 B40.6 B
Increasing
Slightly volatile
Average Equity124.3 B124.3 B78.5 B
Increasing
Slightly volatile
Enterprise Value653.9 B693.3 B417.6 B
Increasing
Slightly volatile
Free Cash Flow70 B70 B37.7 B
Increasing
Slightly volatile
Invested Capital254.3 B254.3 B112.7 B
Increasing
Slightly volatile
Invested Capital Average225.4 B225.4 B113.3 B
Increasing
Slightly volatile
Market Capitalization634.8 B654.2 B409.6 B
Increasing
Slightly volatile
Tangible Asset Value281.5 B281.5 B155.5 B
Increasing
Slightly volatile
Working Capital27.9 B8.8 B15.5 B
Increasing
Very volatile
Revenue Per Employee1.9 M1.9 M1.6 M
Increasing
Slightly volatile
Net Income Per Employee394.9 K394.9 K330.2 K
Increasing
Slightly volatile