Apple Inc. (AAPL)
Current Ratio
since 2005
Difficulty: Beginner
Calculation
Apple Inc., current ratio, long-term trends, calculation
| Current Ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Sep 24, 2005 | 2.96 | = | 10,300 | ÷ | 3,484 |
| Sep 30, 2006 | 2.24 | = | 14,509 | ÷ | 6,471 |
| Sep 29, 2007 | 2.36 | = | 21,956 | ÷ | 9,299 |
| Sep 27, 2008 | 2.46 | = | 34,690 | ÷ | 14,092 |
| Sep 26, 2009 | 1.88 | = | 36,265 | ÷ | 19,282 |
| Sep 25, 2010 | 2.01 | = | 41,678 | ÷ | 20,722 |
| Sep 24, 2011 | 1.61 | = | 44,988 | ÷ | 27,970 |
| Sep 29, 2012 | 1.50 | = | 57,653 | ÷ | 38,542 |
| Sep 28, 2013 | 1.68 | = | 73,286 | ÷ | 43,658 |
| Sep 27, 2014 | 1.08 | = | 68,531 | ÷ | 63,448 |
| Sep 26, 2015 | 1.11 | = | 89,378 | ÷ | 80,610 |
| Sep 24, 2016 | 1.35 | = | 106,869 | ÷ | 79,006 |
| Sep 30, 2017 | 1.28 | = | 128,645 | ÷ | 100,814 |
| Sep 29, 2018 | 1.12 | = | 131,339 | ÷ | 116,866 |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
1 USD $ in millions
Comparison to Competitors
Apple Inc., current ratio, long-term trends, comparison to competitors
| Apple Inc. | Applied Materials Inc. | Broadcom Inc. | Cisco Systems Inc. | HP Inc. | Intel Corp. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Sep 24, 2005 | 2.96 | 5.35 | – | 1.37 | 1.38 | 2.30 | 3.10 | 7.28 | 3.92 |
| Sep 30, 2006 | 2.24 | 2.50 | – | 2.27 | 1.35 | 2.15 | 3.53 | 4.96 | 3.78 |
| Sep 29, 2007 | 2.36 | 2.78 | – | 2.36 | 1.21 | 2.79 | 3.18 | 3.91 | 3.42 |
| Sep 27, 2008 | 2.46 | 2.26 | – | 2.58 | 0.98 | 2.54 | 2.99 | 5.12 | 3.78 |
| Sep 26, 2009 | 1.88 | 2.93 | 1.36 | 3.24 | 1.22 | 2.79 | 2.78 | 4.47 | 3.85 |
| Sep 25, 2010 | 2.01 | 2.34 | 1.92 | 2.67 | 1.10 | 3.39 | 3.16 | 2.22 | 3.56 |
| Sep 24, 2011 | 1.61 | 3.71 | 3.98 | 3.27 | 1.01 | 2.15 | 3.42 | 2.70 | 2.24 |
| Sep 29, 2012 | 1.50 | 2.25 | 4.89 | 3.49 | 1.09 | 2.43 | 4.20 | 2.95 | 2.40 |
| Sep 28, 2013 | 1.68 | 2.31 | 4.30 | 2.95 | 1.11 | 2.36 | 4.89 | 3.75 | 2.92 |
| Sep 27, 2014 | 1.08 | 2.47 | 3.77 | 3.39 | 1.15 | 1.73 | 5.95 | 3.73 | 2.92 |
| Sep 26, 2015 | 1.11 | 2.44 | 3.37 | 3.23 | 1.23 | 2.58 | 6.38 | 3.62 | 2.77 |
| Sep 24, 2016 | 1.35 | 2.30 | 2.31 | 3.16 | 0.98 | 1.75 | 2.57 | 3.14 | 3.29 |
| Sep 30, 2017 | 1.28 | 3.14 | 6.26 | 3.03 | 1.00 | 1.69 | 4.77 | 4.00 | 3.87 |
| Sep 29, 2018 | 1.12 | 2.64 | 3.90 | 2.29 | 0.85 | 1.73 | 8.03 | 1.55 | 3.27 |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
Comparison to Technology Hardware & Equipment Sector
Apple Inc., current ratio, long-term trends, comparison to Technology Hardware & Equipment sector
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 24, 2005 | 2.96 | 1.95 |
| Sep 30, 2006 | 2.24 | 1.89 |
| Sep 29, 2007 | 2.36 | 1.92 |
| Sep 27, 2008 | 2.46 | 1.75 |
| Sep 26, 2009 | 1.88 | 1.99 |
| Sep 25, 2010 | 2.01 | 1.89 |
| Sep 24, 2011 | 1.61 | 1.79 |
| Sep 29, 2012 | 1.50 | 1.84 |
| Sep 28, 2013 | 1.68 | 1.91 |
| Sep 27, 2014 | 1.08 | 1.66 |
| Sep 26, 2015 | 1.11 | 1.73 |
| Sep 24, 2016 | 1.35 | 1.80 |
| Sep 30, 2017 | 1.28 | 1.86 |
| Sep 29, 2018 | 1.12 | 1.44 |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
Comparison to Technology Industry
Apple Inc., current ratio, long-term trends, comparison to Technology industry
| Apple Inc. | Technology | |
|---|---|---|
| Sep 24, 2005 | 2.96 | 1.90 |
| Sep 30, 2006 | 2.24 | 1.79 |
| Sep 29, 2007 | 2.36 | 1.74 |
| Sep 27, 2008 | 2.46 | 1.66 |
| Sep 26, 2009 | 1.88 | 1.97 |
| Sep 25, 2010 | 2.01 | 1.89 |
| Sep 24, 2011 | 1.61 | 2.02 |
| Sep 29, 2012 | 1.50 | 2.05 |
| Sep 28, 2013 | 1.68 | 2.20 |
| Sep 27, 2014 | 1.08 | 2.04 |
| Sep 26, 2015 | 1.11 | 2.16 |
| Sep 24, 2016 | 1.35 | 2.28 |
| Sep 30, 2017 | 1.28 | 2.32 |
| Sep 29, 2018 | 1.12 | 2.09 |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).