Applied Materials Inc (AMAT)

Debt-to-capital ratio

		Jan 31, 2025	Oct 31, 2024	Oct 27, 2024	Jul 31, 2024	Jul 28, 2024	Apr 30, 2024	Apr 28, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022
Long-term debt	US$ in thousands	—	—	5,460,000	—	6,158,000	—	5,463,000	—	5,462,000	—	5,461,000	—	5,460,000	—	—	5,458,000	—	5,457,000	—	5,455,000
Total stockholders’ equity	US$ in thousands	18,625,000	19,001,000	19,001,000	18,840,000	18,840,000	18,199,000	18,199,000	17,429,000	17,429,000	16,349,000	16,349,000	15,093,000	15,093,000	14,129,000	13,420,000	13,420,000	12,194,000	12,194,000	12,070,000	11,579,000
Debt-to-capital ratio		0.00	0.00	0.22	0.00	0.25	0.00	0.23	0.00	0.24	0.00	0.25	0.00	0.27	0.00	0.00	0.29	0.00	0.31	0.00	0.32

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $18,625,000K)
= 0.00

The debt-to-capital ratio of Applied Materials Inc has shown a decreasing trend over the periods indicated. It decreased from 0.32 on May 1, 2022, to 0.00 on various subsequent dates such as July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023, and so on. This suggests that the company has been effectively managing its debt relative to its total capital structure. A debt-to-capital ratio of 0.00 indicates that the company's total debt is minimal or that it has ample capital to cover its debt obligations. This trend is positive as a lower debt-to-capital ratio typically indicates lower financial risk and greater financial stability. It would be important to continue monitoring this ratio in future periods to assess the company's financial health and debt management strategies.