Applied Materials Inc (AMAT)
Debt-to-equity ratio
| Oct 31, 2024 | Oct 27, 2024 | Oct 31, 2023 | Oct 29, 2023 | Oct 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 5,460,000 | — | 5,461,000 | — |
| Total stockholders’ equity | US$ in thousands | 19,001,000 | 19,001,000 | 16,349,000 | 16,349,000 | 12,194,000 |
| Debt-to-equity ratio | 0.00 | 0.29 | 0.00 | 0.33 | 0.00 |
October 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $19,001,000K
= 0.00
The debt-to-equity ratio of Applied Materials Inc has shown fluctuations over the past few years. As of October 31, 2022, the ratio was at 0.00, indicating that the company had no debt relative to its equity at that time. However, by October 29, 2023, the ratio increased to 0.33, suggesting a higher level of debt in comparison to equity. Subsequently, by October 31, 2023, the ratio returned to 0.00, indicating a decrease in debt relative to equity.
The trend continued to fluctuate, with the ratio standing at 0.29 as of October 27, 2024, implying a moderate level of debt compared to equity. Finally, as of October 31, 2024, the ratio returned to 0.00, signifying a reduction in debt relative to equity once again.
Overall, the debt-to-equity ratio of Applied Materials Inc has shown variability, with periods of both no debt and moderate levels of debt in relation to equity. It is essential for stakeholders to monitor this ratio over time to assess the company's leverage and financial risk.
Peer comparison
Oct 31, 2024