Advanced Micro Devices Inc (AMD)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	1,721,000	1,717,000	2,467,000	1,000	330,000
Total assets	US$ in thousands	69,226,000	67,885,000	67,580,000	12,419,000	8,962,000
Debt-to-assets ratio		0.02	0.03	0.04	0.00	0.04

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,721,000K ÷ $69,226,000K
= 0.02

Advanced Micro Devices Inc's debt-to-assets ratio has shown a consistent and relatively low trend over the past five years. Starting at 0.04 in December 31, 2020, the ratio decreased to 0.00 by December 31, 2021, before slightly increasing to 0.04 by December 31, 2022. Subsequently, it decreased to 0.03 by December 31, 2023, and further to 0.02 by December 31, 2024. This indicates the company has generally maintained a low level of debt in relation to its total assets, which could suggest a strong financial position and effective debt management strategy.