According to the data of apple inc. Explain the significance of the results obtained and analyze the situation of Apple inc. in its last two years based on its performance and trends.
on the other hand, Provide conclusions and recommendations regarding the situation of the firm in terms of its profitability and market value both from the point of view of a financial analyst/financial manager and that of an investor interested in the firm.
Apple Ine. CONDENSED CONSOLIDATEO STATEMENTS OF OPERATIONS (Unaudited) (In milisons, evcect number of shares which ace retiected in thousands and per share amounts) Operating expenses Eainings per share: Basic Diluted 551.201.20551.311.30554.884.82554.424.38 Shares used in computing earnings per share: BasicDiluted16,162,96516,262,20316,629,32716,781,73516,277,82416,394,93716,772,65616,941,527 No Net sales by reportable segment in Net sales by category: Apple Inc. CONDENSED CONSOUDATED BALANCE SHEETS (Unaudited) (In milions, eucept number of shares which are refected in thousands and par value) AsseTs: Current assets: Cash and cash equivalents Marketable securities Accounts receivable, not inventaries Wendor non-trade receivadies Other current assets Total current assets Non-current assets: LIABILITIES AND SHAREHOLDERS' EOUITY: Current liabilities: Non-eurrent labilities: Term debt Other non-current labilties Total non-current liabilities Total labilities Commitruents and contingencies Shareholders' equity: Common stock and additional pald-in capital, 50.00001 par value. 50,400,000 shares authorized 16,095,378 and 16,426,786 shares issued and outstanding, respectively Retaned earnings Accumulated other comprehensive incomeilloss) Total shareholders' equity Total liabilities and shareholders' equity Apple inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (in millions) Given Figures are from Financial statements of Apple Inc (a)Gross Profit Margin =Gross Profit Margin/Net Sales times (e)Operating Return on Assets (OROA) = Operating Profit/ Total Asset =23076/336309=0.0686 times (f) Return on Equity (ROE)=Net Profit or Return/ Equity* =19442/67404=0.2884 times (g)Cash Dividends=Payment of Dividend as per cash flow statement =$11138 (h)Dividend Yield =Dividend / Share Capital =11138/62115=0.179 i.e 17.93% (i) Holding Period Return =(Income or Interest on Investment+Value at the end of the holding period-Value at the beginning of the holding period )/Value at the beginning of the holding (h)Dividend Yield =Dividend / Share Capital =11138/62115=0.179i.e 17.93% (i) Holding Period Return =(Income or Interest on Investment+Value at the end of the holding period-Value at the beginning of the holding period )/Value at the beginning of the holding period =(10+131077- 127877)/127877=0.025 i.e2.5\% (j)Book Value per share =( Shareholder's equity Preferred equity)/Average Number of Common shares =(58107- 0)/50400=$1.1529 per share (k)Market -to- Book Ratio= Market capitalisation ITotal Book value =58107/50400=1.153:1 (l)Earning Per share=Earning/Total Number of common shares =19442/50400=$0.385 (m) PayOut ratio = Total Dividends/Net Income or Net Profit =11138/19442=0.572:1 (n) Price /Earning Ratio(P/E)= Market Price/ Total Income or earnings = 1.216162/19442=0.997:1 Explanation Equity= Equity share capital + Retained earnings. Apple Ine. CONDENSED CONSOLIDATEO STATEMENTS OF OPERATIONS (Unaudited) (In milisons, evcect number of shares which ace retiected in thousands and per share amounts) Operating expenses Eainings per share: Basic Diluted 551.201.20551.311.30554.884.82554.424.38 Shares used in computing earnings per share: BasicDiluted16,162,96516,262,20316,629,32716,781,73516,277,82416,394,93716,772,65616,941,527 No Net sales by reportable segment in Net sales by category: Apple Inc. CONDENSED CONSOUDATED BALANCE SHEETS (Unaudited) (In milions, eucept number of shares which are refected in thousands and par value) AsseTs: Current assets: Cash and cash equivalents Marketable securities Accounts receivable, not inventaries Wendor non-trade receivadies Other current assets Total current assets Non-current assets: LIABILITIES AND SHAREHOLDERS' EOUITY: Current liabilities: Non-eurrent labilities: Term debt Other non-current labilties Total non-current liabilities Total labilities Commitruents and contingencies Shareholders' equity: Common stock and additional pald-in capital, 50.00001 par value. 50,400,000 shares authorized 16,095,378 and 16,426,786 shares issued and outstanding, respectively Retaned earnings Accumulated other comprehensive incomeilloss) Total shareholders' equity Total liabilities and shareholders' equity Apple inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (in millions) Given Figures are from Financial statements of Apple Inc (a)Gross Profit Margin =Gross Profit Margin/Net Sales times (e)Operating Return on Assets (OROA) = Operating Profit/ Total Asset =23076/336309=0.0686 times (f) Return on Equity (ROE)=Net Profit or Return/ Equity* =19442/67404=0.2884 times (g)Cash Dividends=Payment of Dividend as per cash flow statement =$11138 (h)Dividend Yield =Dividend / Share Capital =11138/62115=0.179 i.e 17.93% (i) Holding Period Return =(Income or Interest on Investment+Value at the end of the holding period-Value at the beginning of the holding period )/Value at the beginning of the holding (h)Dividend Yield =Dividend / Share Capital =11138/62115=0.179i.e 17.93% (i) Holding Period Return =(Income or Interest on Investment+Value at the end of the holding period-Value at the beginning of the holding period )/Value at the beginning of the holding period =(10+131077- 127877)/127877=0.025 i.e2.5\% (j)Book Value per share =( Shareholder's equity Preferred equity)/Average Number of Common shares =(58107- 0)/50400=$1.1529 per share (k)Market -to- Book Ratio= Market capitalisation ITotal Book value =58107/50400=1.153:1 (l)Earning Per share=Earning/Total Number of common shares =19442/50400=$0.385 (m) PayOut ratio = Total Dividends/Net Income or Net Profit =11138/19442=0.572:1 (n) Price /Earning Ratio(P/E)= Market Price/ Total Income or earnings = 1.216162/19442=0.997:1 Explanation Equity= Equity share capital + Retained earnings
