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 26, 2020 Sep 28, 2019 Sep 29, 2018 Sep 30, 2017 Sep 24, 2016 Sep 26, 2015
Accounts payable 13.06 13.66 15.28 13.07 11.59 12.22
Current portion of finance leases 0.01 0.00 0.00 0.00 0.00 0.00
Other current liabilities, excluding current portion of finance leases 13.17 11.14 8.94 6.86 6.85 8.67
Deferred revenue 2.05 1.63 2.06 2.01 2.51 3.08
Commercial paper 1.54 1.77 3.27 3.19 2.52 2.93
Current portion of term debt 2.71 3.03 2.40 1.73 1.09 0.86
Current liabilities 32.54% 31.23% 31.95% 26.86% 24.56% 27.75%
Non-current portion of term debt 30.46 27.12 25.63 25.90 23.45 18.41
Long-term taxes payable 8.70 8.73 9.18 0.07 0.00 0.00
Non-current portion of finance leases 0.20 0.00 0.00 0.00 0.00 0.00
Other non-current liabilities, excluding non-current portion of finance leases 7.93 6.19 3.93 11.46 12.12 12.76
Other non-current liabilities 16.82% 14.92% 13.12% 11.52% 12.12% 12.76%
Non-current liabilities 47.29% 42.04% 38.75% 37.42% 35.57% 31.16%
Total liabilities 79.83% 73.27% 70.70% 64.28% 60.13% 58.91%
Common stock and additional paid-in capital, $0.00001 par value 15.68 13.34 10.99 9.56 9.71 9.44
Retained earnings 4.62 13.56 19.25 26.20 29.96 31.77
Accumulated other comprehensive income (loss) -0.13 -0.17 -0.94 -0.04 0.20 -0.12
Shareholders’ equity 20.17% 26.73% 29.30% 35.72% 39.87% 41.09%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2020-10-30), 10-K (filing date: 2019-10-31), 10-K (filing date: 2018-11-05), 10-K (filing date: 2017-11-03), 10-K (filing date: 2016-10-26), 10-K (filing date: 2015-10-28).

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.’s current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Apple Inc.’s non-current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2018 to 2019 and from 2019 to 2020.
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.’s total liabilities as a percentage of total liabilities and shareholders’ equity increased from 2018 to 2019 and from 2019 to 2020.
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’s 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.’s shareholders’ equity as a percentage of total liabilities and shareholders’ equity decreased from 2018 to 2019 and from 2019 to 2020.