Apple Balance Sheet
NASDAQ: AAPLTechnologyComputer ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Apple financial position
At the end of fiscal 2025, Apple reported total assets of $359.24 billion, down 1.6% from a year earlier against total liabilities of $285.51 billion. Shareholders' equity stood at $73.73 billion, or 20.5% of assets. The company held $35.93 billion in cash and equivalents against $98.66 billion of debt, a net debt position of $62.72 billion.
The current ratio (current assets divided by current liabilities) was 0.89, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.34.
Summary generated from market data by MetaCap's automated system. Methodology
Apple balance sheet (annual)
| Fiscal year (USD) | FY 20252025-09-27 | FY 20242024-09-28 | FY 20232023-09-30 | FY 20222022-09-24 | FY 20212021-09-25 | FY 20202020-09-26 | FY 20192019-09-28 | FY 20182018-09-29 | FY 20172017-09-30 | FY 20162016-09-24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 35.93B | 29.94B | 29.96B | 23.65B | 34.94B | 38.02B | 48.84B | 25.91B | 20.29B | 20.48B |
| Short-Term Investments | 18.76B | 35.23B | 31.59B | 24.66B | 27.70B | 52.93B | 51.71B | 40.39B | 53.89B | 46.67B |
| Receivables | 39.78B | 33.41B | 29.51B | 28.18B | 26.28B | 16.12B | 22.93B | 23.19B | 17.87B | 15.75B |
| Inventory | 5.72B | 7.29B | 6.33B | 4.95B | 6.58B | 4.06B | 4.11B | 3.96B | 4.86B | 2.13B |
| Total Current Assets | 147.96B | 152.99B | 143.57B | 135.41B | 134.84B | 143.71B | 162.82B | 131.34B | 128.65B | 106.87B |
| Property, Plant & Equipment | 49.83B | 45.68B | 43.72B | 42.12B | 39.44B | 36.77B | 37.38B | 41.30B | 33.78B | 27.01B |
| Goodwill | — | — | — | — | — | — | — | — | 5.72B | 5.41B |
| Intangible Assets | 13.30B | — | — | — | — | — | — | — | 2.30B | 3.21B |
| Long-Term Investments | 77.72B | 91.48B | 100.54B | 120.81B | 127.88B | 100.89B | 105.34B | 170.80B | — | — |
| Total Assets | 359.24B | 364.98B | 352.58B | 352.75B | 351.00B | 323.89B | 338.52B | 365.73B | 375.32B | 321.69B |
| Accounts Payable | 69.86B | 68.96B | 62.61B | 64.11B | 54.76B | 42.30B | 46.24B | 55.89B | 44.24B | 37.29B |
| Short-Term Debt | 20.33B | 20.88B | 15.81B | 21.11B | 15.61B | 13.77B | 16.24B | 20.75B | 18.47B | 11.61B |
| Total Current Liabilities | 165.63B | 176.39B | 145.31B | 153.98B | 125.48B | 105.39B | 105.72B | 115.93B | 100.81B | 79.01B |
| Long-Term Debt | 78.33B | 85.75B | 95.28B | 98.96B | 109.11B | 98.67B | 91.81B | 93.73B | 97.21B | 75.43B |
| Total Liabilities | 285.51B | 308.03B | 290.44B | 302.08B | 287.91B | 258.55B | 248.03B | 258.58B | 241.27B | 193.44B |
| Shareholders' Equity | 73.73B | 56.95B | 62.15B | 50.67B | 63.09B | 65.34B | 90.49B | 107.15B | 134.05B | 128.25B |
| Retained Earnings | -14.26B | -19.15B | -214.00M | -3.07B | 5.56B | 14.97B | 45.90B | 70.40B | 98.33B | 96.36B |
| Total Debt | 98.66B | 106.63B | 111.09B | 120.07B | 124.72B | 112.44B | 108.05B | 114.48B | 115.68B | 87.03B |
| Net Cash (Debt) | -43.96B | -41.46B | -49.53B | -71.77B | -62.08B | -21.49B | -7.49B | -48.18B | -41.50B | -19.88B |
| Shares Outstanding | 14.77B | 15.12B | 15.55B | 15.94B | 16.43B | 16.98B | 17.77B | 4.75B | 5.13B | 5.34B |
This table shows 10 annual periods of Apple's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow AAPL's reporting calendar. What is a balance sheet?