Apple (AAPL) Interest Expenses (2013 - 2016)
Apple's (AAPL) quarterly Interest Expenses came in at $321.0 million in Q1 2016, up 96.93% on a YoY basis from $163.0 million in Q1 2015, and up 16.3% quarter-over-quarter from $276.0 million in Q4 2015.
Analysis
Apple (AAPL) Interest Expenses (2013 - 2016) Analysis & Trends
Apple (AAPL) has reported Interest Expenses for 4 consecutive years, with $321.0 million the latest figure, recorded in Q1 2016.
- For the quarter ending Q1 2016, Interest Expenses rose 96.93% year-over-year to $321.0 million; the trailing twelve-month figure through Mar 2016 stood at $1.0 billion (up 103.54% YoY), and the FY2015 full-year result was $733.0 million, up 90.89% from the prior year.
- Interest Expenses grew to $321.0 million in Q1 2016 per AAPL's latest filing, from $276.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $321.0 million in Q1 2016 and bottomed at $53.0 million in Q2 2013.
- Historically, Interest Expenses has averaged $154.2 million across 4 years, with a median of $123.0 million in 2014.
- The sharpest annual moves came in 2014 and 2015: Interest Expenses surged 38.55% in 2014, then surged 110.69% in 2015.
- Over 4 years, Interest Expenses stood at $84.0 million in 2013, then surged by 55.95% to $131.0 million in 2014, then soared by 110.69% to $276.0 million in 2015, then advanced by 16.3% to $321.0 million in 2016.
- According to Business Quant data, Interest Expenses over the past three periods registered $321.0 million, $276.0 million, and $238.0 million for Q1 2016, Q4 2015, and Q3 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | - |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | - |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | - |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | -1.68 Mn |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | 2.30 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2016 | 321.00 Mn |
| Dec 26, 2015 | 276.00 Mn |
| Sep 26, 2015 | 238.00 Mn |
| Jun 27, 2015 | 201.00 Mn |
| Mar 28, 2015 | 163.00 Mn |
| Dec 27, 2014 | 131.00 Mn |
| Sep 27, 2014 | 115.00 Mn |
| Jun 28, 2014 | 100.00 Mn |
| Mar 29, 2014 | 85.00 Mn |
| Dec 28, 2013 | 84.00 Mn |
| Sep 28, 2013 | 83.00 Mn |
| Jun 29, 2013 | 53.00 Mn |