Current Ratio
since 2005
Calculation
Apple Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Sep 24, 2022 | 0.88 | = | 135,405) | ÷ | 153,982) |
| 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: 2022-09-24), 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. | Arista Networks Inc. | Cisco Systems Inc. | Enphase Energy Inc. | Super Micro Computer, Inc. | |
|---|---|---|---|---|---|
| Sep 24, 2022 | 0.88 | 4.29 | 1.43 | 3.55 | 1.91 |
| Sep 25, 2021 | 1.07 | 4.34 | 1.49 | 3.33 | 1.93 |
| Sep 26, 2020 | 1.36 | 4.99 | 1.72 | 1.75 | 2.25 |
| Sep 28, 2019 | 1.54 | 5.81 | 1.51 | 2.51 | 2.35 |
| Sep 29, 2018 | 1.12 | 4.48 | 2.29 | 1.51 | 1.89 |
| Sep 30, 2017 | 1.28 | 4.28 | 3.03 | 1.42 | 1.88 |
| Sep 24, 2016 | 1.35 | 3.32 | 3.16 | 1.42 | 2.58 |
| Sep 26, 2015 | 1.11 | 4.15 | 3.23 | 1.67 | 2.01 |
| Sep 27, 2014 | 1.08 | 4.71 | 3.39 | 1.96 | 2.10 |
| Sep 28, 2013 | 1.68 | — | 2.95 | 2.71 | 2.16 |
| Sep 29, 2012 | 1.50 | — | 3.49 | 2.81 | 2.19 |
| Sep 24, 2011 | 1.61 | — | 3.27 | — | 2.63 |
| Sep 25, 2010 | 2.01 | — | 2.67 | — | 2.15 |
| Sep 26, 2009 | 1.88 | — | 3.24 | — | 2.47 |
| Sep 27, 2008 | 2.46 | — | 2.58 | — | 2.05 |
| Sep 29, 2007 | 2.36 | — | 2.36 | — | 2.21 |
| Sep 30, 2006 | 2.24 | — | 2.27 | — | — |
| Sep 24, 2005 | 2.96 | — | 1.37 | — | — |
Based on: 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), 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 24, 2022 | 0.88 | 1.00 |
| Sep 25, 2021 | 1.07 | 1.18 |
| Sep 26, 2020 | 1.36 | 1.46 |
| Sep 28, 2019 | 1.54 | 1.56 |
| Sep 29, 2018 | 1.12 | 1.36 |
| Sep 30, 2017 | 1.28 | 1.67 |
| Sep 24, 2016 | 1.35 | 1.80 |
| Sep 26, 2015 | 1.11 | 1.60 |
| Sep 27, 2014 | 1.08 | 1.64 |
| 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: 2022-09-24), 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 24, 2022 | 0.88 | 1.44 |
| Sep 25, 2021 | 1.07 | 1.64 |
| Sep 26, 2020 | 1.36 | 1.85 |
| Sep 28, 2019 | 1.54 | 1.77 |
| Sep 29, 2018 | 1.12 | 1.88 |
| Sep 30, 2017 | 1.28 | 2.04 |
| Sep 24, 2016 | 1.35 | 2.01 |
| Sep 26, 2015 | 1.11 | 2.03 |
| Sep 27, 2014 | 1.08 | 1.97 |
| Sep 28, 2013 | 1.68 | 2.20 |
| Sep 29, 2012 | 1.50 | 2.08 |
| Sep 24, 2011 | 1.61 | 2.11 |
| Sep 25, 2010 | 2.01 | 2.01 |
| Sep 26, 2009 | 1.88 | 2.03 |
| Sep 27, 2008 | 2.46 | 1.80 |
| Sep 29, 2007 | 2.36 | 1.79 |
| Sep 30, 2006 | 2.24 | 1.85 |
| Sep 24, 2005 | 2.96 | 2.01 |
Based on: 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), 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).