Debt Numbers: By the end of 2023, Amazon's long-term debt was around $135 billion.
Amazon.com Total Long Term Debt (Quarterly): 54.89B for Sept. 30, 2024.
Total debt on the balance sheet as of September 2024 : $134.69 Billion USD. According to Amazon's latest financial reports the company's total debt is $134.69 Billion USD. A company's total debt is the sum of all current and non-current debts.
Looking back at the last 5 years, Amazon.com's short-term debt issued peaked in December 2022 at 41.553 billion.
Analyst Upside as of October 13, 2024: 17%
Amazon.com, Inc. (NASDAQ:AMZN) ranks first on our list of the most promising long-term stocks according to hedge funds. The technology company is an e-commerce giant that also provides streaming and data cloud services.
What Is Amazon.com's Net Debt? The image below, which you can click on for greater detail, shows that at December 2022 Amazon.com had debt of US$85.1b, up from US$57.7b in one year. However, because it has a cash reserve of US$70.0b, its net debt is less, at about US$15.1b.
Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress. Amazon.com has the Financial Strength Rank of 8.
As of February 2023, the Japanese car manufacturer Toyota was the company with the highest debt worldwide, amounting to 217 billion U.S. dollars.
Despite How Much Money You Give Them, Amazon and Apple Owe Billions. Many of the world's largest tech companies carry enormous debt balances. That might sound irresponsible, but it's not necessarily a bad thing.
Global warming accelerates destruction of the Amazon. Deforestation and climate change could damage or destroy as much as 60 percent of the Amazon rainforest by 2030, according to a new report from environmental group WWF.
Next quarter's sales forecast for AMZN is $187.34B with a range of $185.00B to $189.16B. The previous quarter's sales results were $158.88B. AMZN beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 54.78% of the time in the same period.
Essentially, Amazon sold the value of its future potential for 20 years. The company promised investors that if they waited long enough, Amazon would eventually become profitable. Jeff Bezos and his team convinced investors that Amazon was pioneering – which it was. The company ran on promises and little else.
Apple's operated at median total debt of 123.9 billion from fiscal years ending September 2020 to 2024. Looking back at the last 5 years, Apple's total debt peaked in September 2021 at 136.5 billion. Apple's total debt hit its 5-year low in September 2024 of 119.1 billion.
Long-term debt may be a great tool for small businesses to use in order to grow and sustain their operations. Through long-term debt, businesses may be able to finance working capital, inventory, equipment, and even refinance existing debt.
Who owns the most U.S. debt? Around 70 percent of U.S. debt is held by domestic financial actors and institutions in the United States. U.S. Treasuries represent a convenient, liquid, low-risk store of value.
Amazon long term debt for 2023 was $58.314B, a 13.16% decline from 2022. Amazon long term debt for 2022 was $67.15B, a 37.76% increase from 2021. Amazon long term debt for 2021 was $48.744B, a 53.21% increase from 2020.
Amazon beat expectations with a 52% increase in earnings, to $1.43 per share. Sales growth of $158.9 billion, up 11% year over year, also beat expectations. While Amazon's sales forecast for the current quarter came in lighter than expected, the company's operating income impressed.
Amazon.com Inc. shows a Risk Score of 8.00.
Amazon.com is one of the largest e-commerce providers, with sprawling operations in North America, now spreading across the globe. AMZN sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 63.5% and 10.4% year-over-year, respectively.
Amazon's likelihood of distress is less than 3% at this time. It is unlikely to undergo any financial distress in the next 24 months. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions.
For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in the fiscal year ending December 31st 2023, the net income amounted to 30.4 billion U.S. dollars.
Your transactions are safe and secure, and everything can be tracked in your Amazon account. How do I open an Amazon Pay account? If you have an Amazon account, you are ready to start using Amazon Pay wherever you see the Amazon Pay button.