Apple (AAPL) Net Cash per Share (2024)

FAQs

What is Apple's net cash per share? ›

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Apple's Net Cash per Share for the quarter that ended in Dec. 2023 was $-13.34.

Operating cash flow per share can be defined as a measure of financial performance calculated as operating cash flow, expressed on a per share basis Apple operating cash flow per share for the three months ending December 31, 2023 was $2.56.

Cash on Hand as of December 2023 : $73.10 B

According to Apple's latest financial reports the company has $73.10 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Apple's net current asset value per share for the quarter that ended in Dec. 2023 was $-8.78.

Apple reported cash and equivalents of 40.76 B for the latest quarter ending December 30, 2023 on its balance sheet.

Apple cash flow from operating activities for the quarter ending December 31, 2023 was $39.895B, a 17.32% increase year-over-year. Apple cash flow from operating activities for the twelve months ending December 31, 2023 was $301.948B, a 8.31% decline year-over-year.

Free Cash Flow and Margins Could Rise

One thing that investors should follow carefully is Apple's free cash flow. In the year ending Sept. 30, 2023, it reached about $100 billion (i.e., $99.6 billion). That was 10.6% lower than the $111.4 billion in the prior 12 months.

Operating Cash Flow Per Share refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long-term capital investment. It is similar to operating profit but excluding non-cash items and accruals. This is measured on a TTM basis.

A good way to evaluate quality is to compare operating cash flow per share to reported EPS. If it is greater than 1, this means that operating cashflow is greater than normalised EPS, suggesting that earnings are of a high quality because the company is generating more cash than is reported on the income statement.

Apple's $166 Billion Cash Problem

The technology company now has cash and investments of $166 billion. That's a staggering amount, totaling 6% of the holdings of all S&P 500 companies. To its credit, Apple is trying to dispense of the cash using both dividends and buybacks. But it can't get rid of money fast enough.

Why does Apple have so much debt? ›

Leverage. Due to the zero interest rate policy (ZIRP) environment, Apple began issuing its first bonds and notes in 2013, underwriting a total of $64.46 billion worth of debt. Apple made this move not because it needed the capital but because it was essentially receiving free money.

Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.

Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024.

As of today, Apple's float shares is 15,432.23 Mil. Apple's total shares outstanding is 15,441.88 Mil. Apple's float percentage of total shares outstanding is 99.94%.

52 Week Range 162.80 - 199.62. Market Cap $2.73T. Shares Outstanding 15.55B. Public Float 15.43B.

Operating Margin as of April 2024 (TTM): 30.20%

According to Apple's latest financial reports and stock price the company's current Operating Margin is 30.20%. At the end of 2022 the company had an Operating Margin of 30.20%.

As of today, Apple's current FCF Yield % is 3.92%. During the past 13 years, the highest FCF Margin % of Apple was 29.86%. The lowest was 22.59%. And the median was 25.70%.