Is it safe?
Can AAPL take a bad year?
Apple Inc. carries $21.9B of net debt at 0.13× EBITDA: a load its earnings can carry.
$21.9B
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.13×
Net debt / EBITDA · 0.33× a year ago · the load is coming down
- Altman Z-score
- 11.32
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.78×
Debt / equity
Details›
- Total debtQ3 2026
- $84.3B
- Cash and short-term investments
- $62.4B
- Net debt
- $21.9B
- EBITDA, trailing twelve months
- $168.0B
- Operating profit, trailing twelve months
- $154.9B
- Debt / equity
- 0.78×
- Total debt / EBITDA
- 0.50×
- Annualised volatilitytwo years of daily moves
- 29%
- Worst drawdown on file
- −39%
- Below its 52-week high
- −7.8%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Technology
Ranks #92 of 364 by Smart Score