A Look Into Apple's Debt
Portfolio Pulse from Benzinga Insights
Apple Inc.'s shares have risen by 17.99% in the past three months. The company's total debt stands at $109.61 billion, with net debt at $84.93 billion after adjusting for cash-equivalents. Apple's debt-ratio is 0.33, indicating a moderate level of financial leverage. Debt is an important factor in a company's capital structure and contributes to its growth.
July 06, 2023 | 3:30 pm
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Apple's moderate debt-ratio of 0.33 indicates a balanced use of debt in its capital structure. This could be a positive sign for investors as it shows the company is not overly reliant on debt for its operations.
A debt-ratio of 0.33 indicates that Apple has a balanced capital structure with a moderate level of debt. This is generally seen as a positive sign by investors as it shows the company is not overly reliant on debt for its operations, reducing the risk of financial distress. The rise in Apple's shares by 17.99% in the past three months also indicates positive market sentiment towards the company.
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