Written by Justin Theodore

Is Apple a zero debt company?

The end of debt … for now Apple revealed its plans to pay off the debt, originally borrowed in 1994, in an SEC filing dated February 10, 2004: “The Company currently has debt outstanding in the form of $300 million of aggregate principal amount 6.5% unsecured notes that were originally issued in 1994.

What is Apple’s debt ratio in 2020?

Compare AAPL With Other StocksApple Debt/Equity Ratio Historical DataDateLong Term DebtDebt to Equity Ratio2020-06-30

Is Apple in a lot of debt?

What Is Apple’s Debt? As you can see below, , up from US$109.5b a year ago. Click the image for more detail. However, it does have US$69.8b in cash offsetting this, leading to net debt of about US$50.4b.

How much is Google in debt?

Alphabet long term debt for 2020 was $13.932B, a 205.93% increase from 2019.

How much is Tesla’s debt?

As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. Between 2020 and 2021, the company incurred 7% more debt. A majority of this debt is due in the short-term, as Tesla had over $10 billion of accounts payable at the end of 2020—almost a 40% increase from the year prior.

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How much debt does Amazon have?

According to the Amazon.com’s most recent balance sheet as reported on October 29, 2021, total debt is at $51.05 billion, with $50.05 billion in long-term debt and $1.00 billion in current debt. Adjusting for $29.94 billion in cash-equivalents, the company has a net debt of $21.11 billion.

How much debt does Netflix have?

Netflix’s total debt stood at $14.5 billion at the end of March. The company does have around $6 billion in cash balancing that out, but at any given time it also has billions in short-term content liabilities it must pay. Netflix paid $188 million in interest during the first quarter, which annualizes to $752 million.

Why does Apple take debt?

The borrowing is profitable for the company’s shareholders by at least one measure: the company’s earnings yield, a measure of how much the company earns relative to its share price, is around 5.6%, while it can borrow for 30 years for less than 3%. Apple’s not the only one seizing this golden opportunity.

How much debt is Microsoft in?

Microsoft long term debt for 2020 was $59.578B, a 10.63% decline from 2019. Microsoft long term debt for 2019 was $66.662B, a 7.72% decline from 2018.

Which company has the most debt?

Companies with largest long-term-debt globally 2020 AT&T, a telecommunications company based in the United States, recorded the largest long-term debt in 2020, amounting to over 147 billion U.S. dollars. Ford Motor Company was the second most indebted company in that year, with debt exceeding 114 billion U.S. dollars.

What companies have no debt?

No Debt ConcernsCash Position1-Year Stock PerformanceFITB$2.9 billion52%ISRG$1.66 billion6.3%MNST$796 million-2%GRMN$1.45 billion-1.8%6 more rows

How much is Nvidia debt?

NVIDIA long term debt for 2021 was $5.964B, a 199.55% increase from 2020. NVIDIA long term debt for 2020 was $1.991B, a 0.15% increase from 2019.

How much debt does Disney have?

Disney increased cash from $3.4 billion during the second quarter of 2014 to $6.7 billion in 2019. It also increased its long-term debt by $38.2 billion, from $14.8 billion in the second quarter of 2014 to $53 billion as of Oct. 2019.

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Does Amazon borrow money?

Amazon has been a fairly infrequent issuer, but it comes in big on those rare occasions. . Prior to that, it sold $US16 billion of bonds in 2017 to help finance its acquisition of Whole Foods Market Inc.

How much is Ford in debt?

around 138 billion U.S. dollars

How much is Ford’s long term debt?

What Is Ford Motor’s Net Debt? The image below, which you can click on for greater detail, shows that Ford Motor had debt of US$144.6b at the end of September 2021, a reduction from US$157.3b over a year. However, it also had US$31.4b in cash, and so its net debt is US$113.2b.

How much is Walmart’s debt?

According to the Walmart’s most recent financial statement as reported on June 3, 2020, total debt is at $58.03 billion, with $47.48 billion in long-term debt and $10.55 billion in current debt. Adjusting for $14.93 billion in cash-equivalents, the company has a net debt of $43.10 billion.

Can Google cover its debt?

In terms of liquidity and solvency, Google has a higher debt-to-equity ratio than its peers, but it is able to cover its current liabilities using its current assets at 4.8:1. Overall, this comparison shows that Google’s balance sheet appears within the industry standards.

Can Microsoft cover its debt?

Microsoft Financial Leverage This allows investors to track debt relative to equity capital over time and in comparison to other firms. , down from 10.5% at the end of the fiscal year June 2018 and 13.9% in June 2017.

How much in debt is AT&T?

AT&T’s Debt Analysis The image below, which you can click on for greater detail, shows that at December 2021 AT&T had debt of US$182.1b, up from US$155.2b in one year. On the flip side, it has US$21.2b in cash leading to net debt of about US$160.9b.

Does Hulu have debt?

The transaction values the streaming service, which competes with Netflix and Amazon, at $15 billion. The telecommunications giant is loaded down with $171 billion in debt, following its $85 billion acquisition of Time Warner in June of 2018.

How much is America in debt?

The federal debt held by the public increased from $14.6 trillion in 2017 to over $21 trillion in 2020. Public debt and intragovernmental debt (the amount owed to federal retirement trust funds like the Social Security Trust Fund) make up the national debt.

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How much money Apple has in cash?

Apple has too much cash. The technology company now has cash and investments of .

How much cash Amazon has?

Amazon cash on hand for 2020 was $84.396B, a 53.39% increase from 2019. Amazon cash on hand for 2019 was $55.021B, a 33.38% increase from 2018.

How much is Apple’s 2021 debt?

According to the Apple’s most recent balance sheet as reported on October 29, 2021, total debt is at $124.72 billion, with $109.11 billion in long-term debt and $15.61 billion in current debt. Adjusting for $34.94 billion in cash-equivalents, the company has a net debt of $89.78 billion.

Is Apple’s total debt increasing or decreasing?

Apple’s total debt hit its five-year low in September 2019 of $108 billion. Apple’s total debt decreased in 2018 ($114.5 billion, -1.0%) and 2019 ($108 billion, -5.6%) and increased in 2017 ($115.7 billion, +32.9%), 2020 ($122.3 billion, +13.2%) and 2021 ($136.5 billion, +11.6%). How does Apple’s Total Debt benchmark against competitors?

How safe is Apple’s debt?

What this means is that Standard and Poor’s believes that Apple debt is safer than the United States Government. Apple debt with a 2023 maturity currently has a yield of just 2.53%, just 0.07% more than United States 10 year Treasuries [ 3] . This is a really low cost of borrowing, which Apple gets on the bonds that it issues.

How does Apple’s debt position compare to its equity?

While Apple’s Debt has increased from $35 billion to $108 billion, its shareholder’ equity has declined from $112 billion to $90 billion, as the company has been reducing its cash position via its capital return program. Good Debt Vs. Bad Debt

Is Apple’s debt tax deductible?

The interest on Apple’s debt is barely above the prime rate, and the interest is tax-deductible. It essentially has zero cost to the company to carry the debt and the capital can be used to generate profit.

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