Apple Net Income vs. Current Ratio

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Apple Current Ratio vs. Net Income Fundamental Analysis

Apple is number one stock in net income category among related companies. It is rated below average in current ratio category among related companies . The ratio of Net Income to Current Ratio for Apple is about  35,883,116,883 
Net income is the profit of a company for the reporting period which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most watched numbers by money managers as well as individual investors.
Apple 
Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
=
55.26 B
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin which measures income as a percentage of sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Apple 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
1.54 
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

Apple Current Ratio Comparison

  Current Ratio 
    
  Apple Comparables 
Apple is currently under evaluation in current ratio category among related companies.

Apple Fundamental Comparison