Jim Cramer Says Apple’s Balance Sheet Beats Hyperscalers’ Debt Load
On Tim Cook’s final day as CEO, Jim Cramer said Apple’s balance sheet is “pristine” versus hyperscaler peers. Apple ended FY2025 with $112.377B in total debt and $73.733B equity, plus negative retained earnings, and later saw long-term debt rise while its buyback was suspended and free cash flow turned negative. He noted Apple’s cash and long-term investments provide a cushion despite higher leverage than Alphabet.