Current Ratio
since 2005
Calculation
Apple Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Sep 25, 2021 | 1.07 | = | 134,836 | ÷ | 125,481 |
| Sep 26, 2020 | 1.36 | = | 143,713 | ÷ | 105,392 |
| Sep 28, 2019 | 1.54 | = | 162,819 | ÷ | 105,718 |
| Sep 29, 2018 | 1.12 | = | 131,339 | ÷ | 116,866 |
| Sep 30, 2017 | 1.28 | = | 128,645 | ÷ | 100,814 |
| Sep 24, 2016 | 1.35 | = | 106,869 | ÷ | 79,006 |
| Sep 26, 2015 | 1.11 | = | 89,378 | ÷ | 80,610 |
| Sep 27, 2014 | 1.08 | = | 68,531 | ÷ | 63,448 |
| Sep 28, 2013 | 1.68 | = | 73,286 | ÷ | 43,658 |
| Sep 29, 2012 | 1.50 | = | 57,653 | ÷ | 38,542 |
| Sep 24, 2011 | 1.61 | = | 44,988 | ÷ | 27,970 |
| Sep 25, 2010 | 2.01 | = | 41,678 | ÷ | 20,722 |
| Sep 26, 2009 | 1.88 | = | 36,265 | ÷ | 19,282 |
| Sep 27, 2008 | 2.46 | = | 34,690 | ÷ | 14,092 |
| Sep 29, 2007 | 2.36 | = | 21,956 | ÷ | 9,299 |
| Sep 30, 2006 | 2.24 | = | 14,509 | ÷ | 6,471 |
| Sep 24, 2005 | 2.96 | = | 10,300 | ÷ | 3,484 |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
1 US$ in millions
Comparison to Competitors
Apple Inc., current ratio, long-term trends, comparison to competitors
| Apple Inc. | Cisco Systems Inc. | Enphase Energy Inc. | |
|---|---|---|---|
| Sep 25, 2021 | 1.07 | 1.49 | 3.33 |
| Sep 26, 2020 | 1.36 | 1.72 | 1.75 |
| Sep 28, 2019 | 1.54 | 1.51 | 2.51 |
| Sep 29, 2018 | 1.12 | 2.29 | 1.51 |
| Sep 30, 2017 | 1.28 | 3.03 | 1.42 |
| Sep 24, 2016 | 1.35 | 3.16 | 1.42 |
| Sep 26, 2015 | 1.11 | 3.23 | 1.67 |
| Sep 27, 2014 | 1.08 | 3.39 | 1.96 |
| Sep 28, 2013 | 1.68 | 2.95 | 2.71 |
| Sep 29, 2012 | 1.50 | 3.49 | 2.81 |
| Sep 24, 2011 | 1.61 | 3.27 | — |
| Sep 25, 2010 | 2.01 | 2.67 | — |
| Sep 26, 2009 | 1.88 | 3.24 | — |
| Sep 27, 2008 | 2.46 | 2.58 | — |
| Sep 29, 2007 | 2.36 | 2.36 | — |
| Sep 30, 2006 | 2.24 | 2.27 | — |
| Sep 24, 2005 | 2.96 | 1.37 | — |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Sector (Technology Hardware & Equipment)
Apple Inc., current ratio, long-term trends, comparison to sector (technology hardware & equipment)
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 25, 2021 | 1.07 | 1.15 |
| Sep 26, 2020 | 1.36 | 1.43 |
| Sep 28, 2019 | 1.54 | 1.53 |
| Sep 29, 2018 | 1.12 | 1.34 |
| Sep 30, 2017 | 1.28 | 1.65 |
| Sep 24, 2016 | 1.35 | 1.79 |
| Sep 26, 2015 | 1.11 | 1.59 |
| Sep 27, 2014 | 1.08 | 1.63 |
| Sep 28, 2013 | 1.68 | 2.11 |
| Sep 29, 2012 | 1.50 | 2.13 |
| Sep 24, 2011 | 1.61 | 2.25 |
| Sep 25, 2010 | 2.01 | 2.33 |
| Sep 26, 2009 | 1.88 | 2.44 |
| Sep 27, 2008 | 2.46 | 2.52 |
| Sep 29, 2007 | 2.36 | 2.36 |
| Sep 30, 2006 | 2.24 | 2.26 |
| Sep 24, 2005 | 2.96 | 1.80 |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Industry (Information Technology)
Apple Inc., current ratio, long-term trends, comparison to industry (information technology)
| Apple Inc. | Information Technology | |
|---|---|---|
| Sep 25, 2021 | 1.07 | 1.60 |
| Sep 26, 2020 | 1.36 | 1.79 |
| Sep 28, 2019 | 1.54 | 1.72 |
| Sep 29, 2018 | 1.12 | 1.81 |
| Sep 30, 2017 | 1.28 | 1.99 |
| Sep 24, 2016 | 1.35 | 1.97 |
| Sep 26, 2015 | 1.11 | 2.00 |
| Sep 27, 2014 | 1.08 | 1.95 |
| Sep 28, 2013 | 1.68 | 2.18 |
| Sep 29, 2012 | 1.50 | 2.04 |
| Sep 24, 2011 | 1.61 | 2.11 |
| Sep 25, 2010 | 2.01 | 2.01 |
| Sep 26, 2009 | 1.88 | 2.02 |
| Sep 27, 2008 | 2.46 | 1.78 |
| Sep 29, 2007 | 2.36 | 1.78 |
| Sep 30, 2006 | 2.24 | 1.84 |
| Sep 24, 2005 | 2.96 | 2.00 |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).