How Much Is Apple In Debt?

Does Apple have a lot of debt?

Based on Apple’s balance sheet as of May 1, 2020, long-term debt is at $89.09 billion and current debt is at $20.42 billion, amounting to $109.51 billion in total debt.

Apple has $320.40 billion in total assets, therefore making the debt-ratio 0.34.

….

How rich is Samsung?

Samsung has a market capitalization worth $326 billion. The net worth of Samsung is pegged at $295 billion. A company as big as Samsung has considerable influence on South Korea’s economic development. Samsung has also affected South Korea’s politics, media, and culture.

Is Bill Gates owner of Apple?

The world’s third-richest man, Bill Gates, made his fortune through Microsoft, but interestingly, he’s invested about 2 per cent of his wealth into rival company Apple.

How much debt does Amazon have?

Based on Amazon.com’s financial statement as of May 1, 2020, long-term debt is at $23.44 billion and current debt is at $1.31 billion, amounting to $24.75 billion in total debt. Adjusted for $27.20 billion in cash-equivalents, the company’s net debt is at $-2.45 billion.

How can I buy shares in Apple?

How to buy Apple shares Steps of buying Apple sharesStep 1: find a good online broker. One of the characteristics of an online broker is the exchanges they have access to. … Step 2: open your brokerage account. … Step 3: deposit money to your account. … Step 4: buy the Apple share. … Step 5: review your Apple position regularly.

What is Apple’s return on equity?

Apple’s latest twelve months return on common equity is 69.2%. … Apple’s operated at median return on common equity of 46.2% from fiscal years ending September 2015 to 2019. Looking back at the last five years, Apple’s return on common equity peaked in June 2020 at 69.2%.

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.

Where does Apple make most of its money?

For the fiscal year 2019, the company’s iPhone business accounted for approximately 54.7% of total sales; the company’s Services segment made up approximately 17.7% of revenue; Mac sales generated 9.8% of total revenue; Wearables, Home and Accessories segment comprised 9.4% of the company’s sales; the iPad accounted …

How much cash does Apple have 2020?

Apple now has $192.8 billion cash on hand, according to the company’s fiscal second-quarter earnings report released Thursday. That’s down 7.4% from its fiscal first quarter of 2020, when the company reported a $207.06 billion cash pile.

Can Bill Gates buy Apple?

No. Apple has a market value of $832 Billion dollars. Bill Gates net worth is about $80 Billion. So even if he sold everything he owned and turned it into cash he could only buy about 10% of Apple.

What is Apple’s total debt?

According to the Apple’s most recent financial statement as reported on May 1, 2020, total debt is at $109.51 billion, with $89.09 billion in long-term debt and $20.42 billion in current debt. Adjusting for $40.17 billion in cash-equivalents, the company has a net debt of $69.33 billion.

Why does Apple have so much debt?

Apple is sitting on a $200 billion cash pile, making it one of the most cash-rich companies in the world. So why did it sell $7 billion of debt on Wednesday? The answer is simple: There’s cheap money available in the bond market, and it’s getting it while rates are still low.

Is Apple richer than some countries?

Businesses outperforming nations As Apple is now worth a collosal $2 trillion (£1.5trn), and has overtaken the economy of the world’s largest countries by area – Russia and Canada – we take a look at other global giants that have grown so big that they are worth more than entire nations.

How much is Google’s debt?

The Google parent’s holdings of cash and marketable securities, net of debt, topped $117 billion in the most recent quarter, exceeding Apple’s recently reported cash pile of $102 billion, according to the Financial Times, which first reported the shift.

Is Bill Gates richer than a country?

Microsoft co-founder Bill Gates, the richest person in the world, has a net worth of $75 billion. … Gates’ net worth is greater than the GDP of 122 countries.

Who is Apple’s biggest shareholder?

Arthur LevinsonWho Owns the Most Apple Stock? The biggest individual insider shareholder of Apple is Arthur Levinson, who has been the company’s chairman of the board since 2011 and a co-lead director since 2005.

Why does Apple want cash neutral?

Cash Neutral As a Corporate Goal In general, investors want to see cash reinvested in the business to drive growth if there are good uses for it. … To achieve its goal of net cash neutral, Apple will need to reduce cash through dividends and share repurchases or increase its debt by issuing more commercial paper.