Quick Answer: How Much Is Apple In Debt?

Does Apple have debt?

Based on Apple’s financial statement as of July 31, 2020, long-term debt is at $94.05 billion and current debt is at $18.68 billion, amounting to $112.72 billion in total debt.

Adjusted for $33.38 billion in cash-equivalents, the company’s net debt is at $79.34 billion..

Why does Apple keep so much cash?

Apple has constantly been in the media for the sheer amount of money which it has – investments of around US$200 billion. … Instead of paying this tax, Apple long preferred to hold its cash overseas rather than bring it back into the United States. As Apple’s overseas sales have grown, so has its cash pile.

Who owns Apple now?

Top 10 Owners of Apple IncStockholderStakeTotal value ($)Berkshire Hathaway, Inc. (Investm…5.66%106,750,539,659BlackRock Fund Advisors4.20%79,174,298,308SSgA Funds Management, Inc.3.88%73,202,344,847Fidelity Management & Research Co…1.84%34,725,128,3886 more rows

How much cash does Amazon sit?

How much cash are the five tech giants holding?CompanyCash, Cash Equivalents, and Marketable Securities (Most Recent Quarter)Growth (Year-Over-Year)Microsoft$137.6 billion5%Alphabet$117.2 billion3%Facebook$60.3 billion33%Amazon$49.3 billion(10%)1 more row•May 4, 2020

Why does Apple carry debt?

Why Apple has so much debt Instead of repatriating cash at the then-statutory rate of 35% to return to investors, it began issuing debt as an alternative way to bolster its domestic cash position without touching international reserves.

What company is the richest?

Walmart topped the ranking with about 523.96 billion U.S. dollars in revenue. Walmart was also the largest company in the world based on its number of employees, with some 2.2 million all over the world.

How much is Jeff Bezos Worth?

183 billion USD (2020)Jeff Bezos/Net worth

How much is Google’s debt?

The Google parent’s holdings of cash and marketable securities, net of debt, topped $117 billion in the most recent quarter, exceeding Apple’s recently reported cash pile of $102 billion, according to the Financial Times, which first reported the shift.

Is Apple doing well financially?

Cupertino, California — July 30, 2020 — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020. The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent.

How much is Apple’s 2019 debt?

Apple’s (NASDAQ: AAPL) capital structure has changed dramatically over the last few years, with its debt to equity ratio rising from 0.3x to 1.2x between 2014 and 2019 and its total debt growing from $35 billion in 2014 to $108 billion in 2019.

How much cash does Apple have 2020?

Apple now has $191.83 billion cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday. That’s down from the company’s fiscal third quarter of 2020, when it reported $193.8 billion in cash.

Could Apple Buy a country?

In case Apple wishes to buy an entire country and rename it as Apple Land or Apple Campus, it has enough money to so. If we take a look at the current GDP reserves of all nations, Apple could afford countries like Finland, New Zealand, Portugal, or Chile.

Does Amazon have a lot of debt?

Based on Amazon.com’s financial statement as of May 1, 2020, long-term debt is at $23.44 billion and current debt is at $1.31 billion, amounting to $24.75 billion in total debt. Adjusted for $27.20 billion in cash-equivalents, the company’s net debt is at $-2.45 billion.

Are Netflix in debt?

As of the end of March, Netflix reported $14.17 billion in debt. Most recently, the streamer raised $2.2 billion in debt last fall. The company in its Q1 2020 shareholder letter said “our current plan is to continue to use debt to finance our investment needs.”

How much debt does Disney have?

What Is Walt Disney’s Debt? The image below, which you can click on for greater detail, shows that at June 2020 Walt Disney had debt of US$64.4b, up from US$58.2b in one year. However, because it has a cash reserve of US$23.1b, its net debt is less, at about US$41.3b.

Is Apple richer than some countries?

Apple Inc. leads all public companies with a $1.3 trillion market cap. This figure exceeds the GDP of most countries. It also exceeds the total value of stocks on most exchanges worldwide.

How much debt is Amazon 2020?

Total AssetsSep 2020Cash & Short-Term Investment68.68 BTotal Debt96.09 BTotal Liabilities199.40 BTotal Shareholder’s Equity82.78 B7 more rows

How much is Tesla’s 2020 debt?

As of 2020 Q2, Tesla’s total debt or total unpaid principal balance stood at roughly $13.1 billion.