Write and submit the Balance Sheet Analysis: Apple Inc

Balance Sheet Analysis: In this section, answer the following for the trend analysis: What are the total assets, liabilities and shareholder equity for each year? How have these numbers changed over the three years and what could be some reasons why these numbers have changed the way they have? In addition, pick at least one appropriate (for this statement) ratio or financial in addition to what is provided and calculate that and explain it. See the section on ratio analysis below for ideas.

Balance Sheet Analysis: Apple Inc

Here is the balance sheet for apple inc.

Balance Sheet Analysis Indicaor 2020 2019 2018

Total assets $323,888,000 $338,516,000 $365,725,000

Liabilities $258,549,000 $248,028,000 $258,578,000

Shareholder equity $65,339,000 $90,488,000 $107,147,000

Source: Yahoo! Finance. (2020).

Ratios

Current Ratio 1.36 1.54 1.13

Quick Ratio 1.13 1.56 1.25

Debt-to-Equity Ratio 4.35 2.80 2.1