Stock Analysis on Net
Stock Analysis on Net

Apple Inc. (NASDAQ:AAPL)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Apple Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Sep 28, 2024 Sep 30, 2023 Sep 24, 2022 Sep 25, 2021 Sep 26, 2020 Sep 28, 2019
Accounts payable 18.89 17.76 18.18 15.60 13.06 13.66
Income taxes payable 7.29 2.50 1.86 0.00 0.00 0.00
Current portion of finance leases 0.04 0.05 0.04 0.02 0.01 0.00
Other current liabilities 14.13 14.14 15.35 13.51 13.17 11.14
Other current liabilities 21.45% 16.69% 17.25% 13.53% 13.18% 11.14%
Deferred revenue 2.26 2.29 2.24 2.17 2.05 1.63
Commercial paper 2.73 1.70 2.83 1.71 1.54 1.77
Current portion of term debt 2.99 2.79 3.15 2.74 2.71 3.03
Current liabilities 48.33% 41.21% 43.65% 35.75% 32.54% 31.23%
Non-current portion of term debt 23.49 27.02 28.05 31.08 30.46 27.12
Long-term taxes payable 2.54 4.38 4.72 7.03 8.70 8.73
Non-current portion of finance leases 0.21 0.24 0.23 0.22 0.20 0.00
Other non-current liabilities 9.83 9.51 8.98 7.94 7.93 6.19
Other non-current liabilities 12.57% 14.14% 13.93% 15.19% 16.82% 14.92%
Non-current liabilities 36.07% 41.16% 41.98% 46.28% 47.29% 42.04%
Total liabilities 84.40% 82.37% 85.64% 82.03% 79.83% 73.27%
Common stock and additional paid-in capital, $0.00001 par value 22.82 20.93 18.38 16.34 15.68 13.34
Retained earnings (accumulated deficit) -5.25 -0.06 -0.87 1.58 4.62 13.56
Accumulated other comprehensive income (loss) -1.97 -3.25 -3.15 0.05 -0.13 -0.17
Shareholders’ equity 15.60% 17.63% 14.36% 17.97% 20.17% 26.73%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Apple Inc. current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Apple Inc. non-current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2022 to 2023 and from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Apple Inc. total liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Apple Inc. shareholders’ equity as a percentage of total liabilities and shareholders’ equity increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.