.Long-term Debt and Solvency Analysis Quarterly Data
Difficulty: Beginner
Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.
Ratios (Summary)
Apple Inc., debt and solvency ratios (quarterly data)
| Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Sep 24, 2016 | Jun 25, 2016 | Mar 26, 2016 | Dec 26, 2015 | Sep 26, 2015 | Jun 27, 2015 | Mar 28, 2015 | Dec 27, 2014 | Sep 27, 2014 | Jun 28, 2014 | Mar 29, 2014 | Dec 28, 2013 | Sep 28, 2013 | Jun 29, 2013 | Mar 30, 2013 | Dec 29, 2012 | Sep 29, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | Debt to equity | ||||||||||||||||||||||||||
| | Debt to capital |
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Apple Inc.'s debt-to-equity ratio deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Apple Inc.'s debt-to-capital ratio deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Equity
Apple Inc., debt to equity calculation (quarterly data)
| Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Sep 24, 2016 | Jun 25, 2016 | Mar 26, 2016 | Dec 26, 2015 | Sep 26, 2015 | Jun 27, 2015 | Mar 28, 2015 | Dec 27, 2014 | Sep 27, 2014 | Jun 28, 2014 | Mar 29, 2014 | Dec 28, 2013 | Sep 28, 2013 | Jun 29, 2013 | Mar 30, 2013 | Dec 29, 2012 | Sep 29, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||||||||||||||||||||||
| | Commercial paper | ||||||||||||||||||||||||||
| | Current portion of long-term debt | ||||||||||||||||||||||||||
| | Long-term debt, excluding current portion | ||||||||||||||||||||||||||
| | Total debt | ||||||||||||||||||||||||||
| | Shareholders' equity | ||||||||||||||||||||||||||
| Ratio | |||||||||||||||||||||||||||
| | Debt to equity1 | ||||||||||||||||||||||||||
Q2 2018 Calculations
1 Debt to equity = Total debt ÷ Shareholders' equity
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Apple Inc.'s debt-to-equity ratio deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Capital
Apple Inc., debt to capital calculation (quarterly data)
| Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Sep 24, 2016 | Jun 25, 2016 | Mar 26, 2016 | Dec 26, 2015 | Sep 26, 2015 | Jun 27, 2015 | Mar 28, 2015 | Dec 27, 2014 | Sep 27, 2014 | Jun 28, 2014 | Mar 29, 2014 | Dec 28, 2013 | Sep 28, 2013 | Jun 29, 2013 | Mar 30, 2013 | Dec 29, 2012 | Sep 29, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||||||||||||||||||||||
| | Commercial paper | ||||||||||||||||||||||||||
| | Current portion of long-term debt | ||||||||||||||||||||||||||
| | Long-term debt, excluding current portion | ||||||||||||||||||||||||||
| | Total debt | ||||||||||||||||||||||||||
| | Shareholders' equity | ||||||||||||||||||||||||||
| | Total capital | ||||||||||||||||||||||||||
| Ratio | |||||||||||||||||||||||||||
| | Debt to capital1 | ||||||||||||||||||||||||||
Q2 2018 Calculations
1 Debt to capital = Total debt ÷ Total capital
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Apple Inc.'s debt-to-capital ratio deteriorated from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
