Below are some recent year-end numbers from Apple Inc. The numbers are for the fiscal year of 2022 and 2023. Restate the enterprise value in book and market terms.
Apple Inc. CONSOLIDATED BALANCE SHEETS
ENTERPRISE VALUE BALANCE SHEET
ASSETS: Year 2023 2022
Current assets
Cash and cash equivalents 34,940 27,699
Short-term investments 26,278 6,580
Total current assets 38,016 52,927
Non-current assets
Property, plant, and equipment 16,120 4,061
Total financial debt 54,763 47,493
Accounts payable 7,612 5,613
Deferred revenue 42,296 42,640
Short-Term debt 25,228 14,111
Total current liabilities 21,325 11,264
Other current assets 143,713
Total current assets 125,481 105,392
Non-current liabilities
Long-Term debt 134,836 109,106
Other non-current liabilities 53,325 162,431
Total non-current liabilities 98,667
Total liabilities 127,877 100,687
Shareholders' equity
Common stock 3,400 3,200
Retained earnings 180,175
Total financial debt 57,365 5,562
Total assets 50,779 14,966
Total liabilities and equity 351,002 323,881
Income/(loss) attributable to equity 161 606
Enterprise value (based on market value of equity) 351,002 323,888
Market Value
Number of Shares (in millions) Share Price ($) Market Value of Equity (Market Cap) (in millions)
424.79
