Apple: The Analysis of the Company’s Financial Statements Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

In their balance sheets, businesses provide full information about their financial health. Liquid assets stand for those assets that can be easily and quickly converted into cash. A significant condition is that they should generate cash amounts that are close or even identical to their market value. Balance sheets present this information under the current assets section, and they typically include cash, marketable securities, inventories, accounts receivable, and a few other categories. This description reveals that inventories represent a part of the liquid assets of any organization, and Apple is no exclusion. The analysis of the company’s financial statements can reveal that the business increased its total current assets from $134,836 million in September 2021 to $153,154 million in December 2021 (Apple Inc., 2021). However, the company reduced its inventories from $6,580 million in September 2021 to $5,876 million in December 2021 (Apple Inc., 2021). This information demonstrates that the organization utilizes a diversified approach to liquid assets management.

Now, it is possible to use these findings to comment on the financial health of the organization under analysis. A rising amount of liquid assets demonstrates that Apple has sufficient financial resources to cover its liabilities. That is why one can claim that the company is in a good economic condition. In addition to that, the organization’s reports revealed that Apple generated an all-time revenue record of $123.9 billion in December 2021 (Apple Inc., 2022). Even though the COVID-19 pandemic resulted in a significant economic downturn, the organization managed to mitigate these adverse impacts and engage in substantial development. That is why it is impossible to deny the statement that Apple’s financial health is satisfactory and impressive.

References

Apple Inc. (2021). Condensed consolidated balance sheets (unaudited) [PDF document]. Web.

Apple Inc. (2022). Apple reports first quarter results. Web.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2023, April 14). Apple: The Analysis of the Company’s Financial Statements. https://ivypanda.com/essays/apple-the-analysis-of-the-companys-financial-statements/

Work Cited

"Apple: The Analysis of the Company’s Financial Statements." IvyPanda, 14 Apr. 2023, ivypanda.com/essays/apple-the-analysis-of-the-companys-financial-statements/.

References

IvyPanda. (2023) 'Apple: The Analysis of the Company’s Financial Statements'. 14 April.

References

IvyPanda. 2023. "Apple: The Analysis of the Company’s Financial Statements." April 14, 2023. https://ivypanda.com/essays/apple-the-analysis-of-the-companys-financial-statements/.

1. IvyPanda. "Apple: The Analysis of the Company’s Financial Statements." April 14, 2023. https://ivypanda.com/essays/apple-the-analysis-of-the-companys-financial-statements/.


Bibliography


IvyPanda. "Apple: The Analysis of the Company’s Financial Statements." April 14, 2023. https://ivypanda.com/essays/apple-the-analysis-of-the-companys-financial-statements/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1