Apple (AAPL) Interest Coverage Ratio (2013 - 2016)
Apple's (AAPL) Interest Coverage Ratio was 43.57 for fiscal Q2 2016 (quarter ended Mar 26, 2016), down 61.1% from 112.13 a year earlier and down 50.2% from the prior quarter.
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Analysis
Apple (AAPL) Interest Coverage Ratio (2013 - 2016) Analysis & Trends
Over the twelve months ended Mar 26, 2016, Apple's Interest Coverage Ratio came in at 64.54, down 48.6% year-over-year; for FY2015 (ended Sep 26, 2015), it was 97.18, down 28.9% from FY2014.
- By fiscal year, Interest Coverage Ratio came in at 136.73 in FY2014 (-62.1%) and 360.29 in FY2013.
- The fiscal Q2 2016 figure ranks as the lowest quarterly Interest Coverage Ratio in data going back to fiscal Q3 2013.
- Year over year, Interest Coverage Ratio has now declined in each of the last eight quarters, with an average decline of 35.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Interest Coverage Ratio ran from 11.0% in fiscal Q1 2015 to 61.1% in fiscal Q2 2016.
- Per Business Quant data, the three fiscal quarters before Q2 2016 came in at 87.58 (Q1 2016), 61.44 (Q4 2015) and 70.06 (Q3 2015).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 11.43 |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | - |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 3,518.50 |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 24.36 |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 111.64 |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | 20.30 |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 77.58 |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2016 | 43.57 |
| Dec 26, 2015 | 87.58 |
| Sep 26, 2015 | 61.44 |
| Jun 27, 2015 | 70.06 |
| Mar 28, 2015 | 112.13 |
| Dec 27, 2014 | 185.08 |
| Sep 27, 2014 | 97.09 |
| Jun 28, 2014 | 102.82 |
| Mar 29, 2014 | 159.92 |
| Dec 28, 2013 | 207.89 |
| Sep 28, 2013 | 120.84 |
| Jun 29, 2013 | 173.60 |
API Access
Apple Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();