Applied Materials Inc (AMAT)
Debt-to-equity ratio
| 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 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 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 | 4,713,000 | 5,312,000 | 5,311,000 |
| Total stockholders’ equity | US$ in thousands | 17,429,000 | 16,349,000 | 15,093,000 | 14,129,000 | 13,420,000 | 12,194,000 | 12,070,000 | 11,579,000 | 11,890,000 | 12,247,000 | 12,060,000 | 11,993,000 | 11,473,000 | 10,578,000 | 9,569,000 | 9,024,000 | 8,660,000 | 8,214,000 | 8,116,000 | 8,201,000 |
| Debt-to-equity ratio | 0.31 | 0.33 | 0.36 | 0.39 | 0.41 | 0.45 | 0.45 | 0.47 | 0.46 | 0.45 | 0.45 | 0.45 | 0.47 | 0.52 | 0.57 | 0.69 | 0.54 | 0.57 | 0.65 | 0.65 |
January 28, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $5,462,000K ÷ $17,429,000K
= 0.31
The debt-to-equity ratio for Applied Materials Inc. has shown a decreasing trend over the past eight quarters, indicating a positive financial position in terms of leverage. The ratio decreased from 0.47 in Q2 2022 to 0.33 in Q1 2024, reflecting a reduction in debt relative to equity. This suggests that the company has been able to manage its debt levels effectively and has a lower reliance on debt financing compared to equity. Overall, the consistent decrease in the debt-to-equity ratio signals improved financial stability and a healthier balance sheet for Applied Materials Inc.
Peer comparison
Jan 28, 2024