Apple Inc.'s net debt reached USD 7,490 mil and accounted for 8.28% of equity at the end of third quarter of 2019. The ratio is down 81.6% when compared to the same period a year ago.
Historically, the firm’s net debt to equity reached an all time high of 71.9% in 2Q2018 and an all time low of -122% in 3Q2009.
When compared to EBITDA, net debt amounted to 0.098x at the end of the period. The ratio reached an all time high of 1.29 in 2Q2017 and an all time low of -3.49 in 3Q2007.