Description
Hey All,
Thanks for purchasing my Apple 2021 Financial Report. In this report, written by myself, Paul Borosky, MBA., Doctoral Candidate and published author, you will find:
- Summarized income statement for the last 5 years.
- Summarized balance sheet for the last 5 years.
- Summary analysis by myself of the important income statement, balance sheet, financial ratio trends, and other happenings.
- Five years’ worth of over twenty common financial ratios presented with formulas, calculations, and analysis tips for each ratio.
- Line by line description, explanation, and analysis tip for most financial statement line items and financial ratios.
- Professional financial analysis tips are provided in each section to help YOU conduct your OWN financial analysis!
- Each section includes an “in other words” segment. This is where I use plain English to explain concepts.
Enjoy the report!
Paul
Apple Inc. Financial Analysis: Financial Statements & Financial Ratios Defined, Discussed, and Calculated (5 Years).
Table of Contents
- Disclaimer 3
- Acknowledgments 4
- Forward 5
- About the Author 7
- Income Statement 8
- Sample Income Statement 8
- Revenues 9
- Cost of Goods Sold (COGS) 10
- Selling, General, and Administrative Expenses (SG&A 11
- Research and Development (R&D) 13
- Operating Expenses 14
- Earnings Before Interest and Taxes (EBIT 14
- Interest Expense 15
- Earnings Before Taxes (EBT) 16
- Taxes 17
- Net income 18
- Tax Rate 19
- Balance Sheet 21
- Balance Sheet Sample 21
- Cash 22
- Short-Term Investments 23
- Accounts Receivables 24
- Inventory 25
- Current Assets 26
- Property, Plant, and Equipment (PP&E) 28
- Total Assets 29
- Accounts Payable 30
- Accrued Expenses 32
- Short-Term Debt 32
- Total Current Liabilities 34
- Long Term Debt (LT Debt) 35
- Total Liabilities 36
- Common Stock and Additional Paid-in Capital 37
- Treasury 38
- Retained Earnings 39
- Total Equity 40
- Financial Ratios 42
- Liquidity Ratios 43
- Current Ratio 43
- Quick Ratio 44
- Cash Ratio 46
- Asset Ratios 48
- Total Asset Turnover 49
- Fixed Asset Turnover 50
- Days Sales Outstanding 51
- Inventory Turnover 53
- Accounts Receivable Turnover 54
- Accounts Payable Turnover 55
- Other Asset Ratio Calculations 56
- Working Capital Turnover 56
- Average Days in Inventory 57
- Average Days Payable 57
- Profitability Ratios 58
- Return on Assets (ROA) 58
- Return on Equity (ROE) 60
- Net Profit Margin 61
- Gross Profit Margin 62
- Operating Profit Margin 63
- Debt Ratios 66
- Debt Ratio 66
- Debt to Equity Ratio 67
- Times Interest Earned 68
- Summary 71
- Apple’s Strengths 71
- Apple’s Weaknesses 71
- Apple’s Final Grade 71
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