Applied Materials Inc (AMAT)
Debt-to-assets ratio
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 5,460,000 | 6,158,000 | 5,463,000 | 5,462,000 | 5,461,000 | 5,460,000 | 5,459,000 | 5,458,000 | 5,457,000 | 5,456,000 | 5,455,000 | 5,454,000 | 5,452,000 | 5,451,000 | 5,450,000 | 5,449,000 | 5,448,000 | 5,447,000 | 6,215,000 | 4,714,000 |
| Total assets | US$ in thousands | 34,409,000 | 33,647,000 | 31,949,000 | 31,540,000 | 30,729,000 | 30,410,000 | 29,092,000 | 27,959,000 | 26,726,000 | 26,161,000 | 25,459,000 | 25,428,000 | 25,825,000 | 24,479,000 | 24,085,000 | 23,305,000 | 22,353,000 | 21,171,000 | 21,815,000 | 19,767,000 |
| Debt-to-assets ratio | 0.16 | 0.18 | 0.17 | 0.17 | 0.18 | 0.18 | 0.19 | 0.20 | 0.20 | 0.21 | 0.21 | 0.21 | 0.21 | 0.22 | 0.23 | 0.23 | 0.24 | 0.26 | 0.28 | 0.24 |
October 27, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $5,460,000K ÷ $34,409,000K
= 0.16
The debt-to-assets ratio of Applied Materials Inc has shown a relatively stable trend over the past few years, ranging between 0.16 and 0.28. As of October 27, 2024, the company's debt-to-assets ratio stood at 0.16, indicating that only 16% of the company's assets are financed through debt, while the remaining 84% are financed through equity.
A lower debt-to-assets ratio suggests that the company has a lower level of financial leverage and is less reliant on debt financing, which can be favorable in terms of financial stability and risk management. Applied Materials Inc's consistent ratio below 0.25 indicates a prudent approach to managing its capital structure and financial obligations.
However, it is essential to continue monitoring the debt-to-assets ratio over time to assess any potential changes in the company's debt levels and overall financial health. Overall, the company's current debt-to-assets ratio suggests a relatively healthy balance between debt and equity financing.
Peer comparison
Oct 27, 2024