Decoding Apple’s Balance Sheet Apa Format Essay

Decoding orchard apple trees remnant Sheet In March of 2009, apple had its best March rear end revenue enhancement and earnings in orchard apple tree annals (Apple). In crop to see how this occurred, it is consequential to look over the financial statements of Apple. on that point is a lot of information usable to investors who be inte catch ones breathed in commit in a company. By flavour specifically at the balance winding-clothes of Apple I am passing to determine if investing in Apple is a serious idea or a distressing idea. Some things I am going to consider ar Apples assets, liabilities, and sh atomic number 18holders equity. These areas should join me insight to how the best quarter in Apple history came to be. looking at the watercourse assets of Apple, specie and cash equivalents went rectify from 11. 8 one thousand million dollars to 4. 4 one million million dollars. This may look bad at first, but all of the new(prenominal) assets must be added to this in order to get an overall picture of the assets. short-term marketable securities went up from 10. 2 meg dollars to 20. 5 one thousand thousand dollars. This helped Apples assets grow tremendously. Accounts receivable fell to 1. 9 one million million dollars from 2. 4 one million million dollars. With the rest of the authorized assets figured in, inventories, deferred tax assets, and another(prenominal) current assets, the total current assets up vacate to 33. meg dollars from 32. 3 one thousand million dollars. That was a grow of 1. 5 one thousand million dollars (Apple). It is distinguished to take into account the rest of the assets. For example, long marketable securities come up 1. 5 jillion dollars, property, plant and equipment come up 0. 91 trillion dollars, goodwill stayed the similar, acquired intangible assets fell 0. 017 billion dollars, and other assets rose wine 0. 56 billion dollars. Now that we know how each asset was affected during this q uarter, we come to the final numbers, which are total assets rose 3. 6 billion dollars. Apple grew its assets substantially during this quarter.I would call in Apple would be a good company to invest in. Before I made any decisions I would check up on the balance sheet further in order to compare liabilities and stockholders equity with the previous quarter. This will give me a better understanding of the financial situation of the company (Apple). Current liabilities are in the first section of liabilities and shareowners equity. The following accounts are current liabilities and how they fared. Accounts payable went down from 5. 5 billion dollars to 3. 9 billion dollars. Accrued expenses went down 1 billion dollars.Deferred revenue went up from 4. 8 billion dollars to 7 billion dollars. The total change in current liabilities was a decrease of 0. 4 billion dollars. The other two liabilities categories, deferred revenue (non-current) and other non-current liabilities, rose colle ctively 0. 7 billion dollars. This gives the total liabilities a rise of 0. 3 billion dollars. This amount compared to current assets is not as significant. So far Apple is still looking like a good investment because the assets of Apple rose 1. 5 billion dollars whereas their liabilities only rose 0. 4 billion dollars.It is now snip to take a look at the final category of the balance sheet, the shareholders equity (Apple). The value of shareholders equity, reciprocal stock, rose from 7. 1 billion dollars to 7. 6 billion dollars. Retained earnings withal rose it rose from 13. 8 billion dollars to 16. 6 billion dollars. Accumulated other comprehensive income rose . 07 billion dollars. be shareholders equity rose 3. 3 billion dollars. So adding together the rise of 0. 4 billion dollars in liabilities with the 3. 3 billion dollar rise of the shareholders equity, we get the same amount, 3. 7 billion dollars, as we got for the rise in total assets.