Re:Apple Reports Fourth Quarter Results
by mandeepj on Thursday October 28, 2021 @07:14PM
(#29033272)
> a net cash neutral position over time
It's debt to cash-in hand ratio. Apple currently, as of March 2021, had US$120.2B of debt [1]. So, if they have $120.2B of cash, then it neutralizes their balance sheet. And, that's what the net cash neutral position is.
It's debt to cash-in hand ratio. Apple currently, as of March 2021, had US$120.2B of debt [1]. So, if they have $120.2B of cash, then it neutralizes their balance sheet. And, that's what the net cash neutral position is.
[1] - https://simplywall.st/stocks/us/tech/nasdaq-aapl/apple/news/...
Edit - I missed adding liabilities. But, it will complicate the above terminology, a bit more. Although, I hope you got the idea.