Apple Total Debt vs. Z Score 

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Apple Z Score vs. Total Debt Fundamental Analysis
Apple is the top company in total debt category among related companies. It is rated third in z score category among related companies . The ratio of Total Debt to Z Score for Apple is about 15,006,944,444Apple is the top company in total debt category among related companies. Total debt of Consumer Electronics industry is presently estimated at about 115.44 Billion. Apple totals roughly 108.05 Billion in total debt claiming about 94% of stocks in Consumer Electronics industry.
Apple 
 =  108.05 B 
In most industries, total debt may also include current portion of longterm debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.
ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in late 1960s at New York University..Apple 
 =  7.2 
To calculate ZScore one would need to know current working capital of the company, its total assets and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Apple Z Score Comparison
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