How many billions does Apple have in cash?
Apple now has $195.57 billion in cash on hand, according to the company’s fiscal first-quarter earnings report released Wednesday. That’s up 2% from the company’s fiscal fourth quarter of 2020, when it reported $191.83 billion in cash.
How much money in cash does Apple have?
Apple Inc (AAPL) Apple has too much cash. The technology company now has cash and investments of $202.6 billion.
Why is Apple sitting on so much cash?
Report made the news for raising $6.5 billion in cash via debt issuance. The Cupertino company took advantage of the low interest rate environment and its business momentum to borrow for as low as 92 basis points above the treasury rate on a 40-year instrument.
How much debt and cash does Apple have?
According to the Apple’s most recent balance sheet as reported on October 29, 2021, total debt is at $124.72 billion, with $109.11 billion in long-term debt and $15.61 billion in current debt. Adjusting for $34.94 billion in cash-equivalents, the company has a net debt of $89.78 billion.
How much cash does FB have?
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|Meta Platforms Annual Cash on Hand (Millions of US $)|
Where does all of Apple’s money go?
The majority of the money actually goes to the countries which make some of the precision components that go into the iPhone. Japan and Germany take home the majority of the money. The reason is that it takes a very highly educated workforce to make some of these components that go into the phone.
Which companies are cash rich?
Companies with the most cash on hand in 2021
- Alphabet Inc. – $136 billion.
- Microsoft Corporation – $130 billion.
- Amazon.com Inc.
- 4. Facebook – $64 billion.
- Apple Inc.
- Oracle – $47 billion.
- Berkshire Hathaway – $42 billion.
- Ford Motor – $41 billion.
Who has the most cash?
- Elon Musk, the co-founder and CEO of Tesla, is the richest person in the world with a net worth of $273 billion.
- Behind Musk is the founder of Amazon, Jeff Bezos, with an estimated net worth of $188 billion.
Which company has most cash?
How much is Tesla in debt?
As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. Between 2020 and 2021, the company incurred 7% more debt. A majority of this debt is due in the short-term, as Tesla had over $10 billion of accounts payable at the end of 2020—almost a 40% increase from the year prior.