Advanced Micro Devices Inc (AMD)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,721,000 | 1,720,000 | 1,719,000 | 1,718,000 | 1,717,000 | 1,715,000 | 1,714,000 | 2,467,000 | 2,467,000 | 2,466,000 | 2,465,000 | 1,475,000 | 1,000 | 1,000 | 313,000 | 313,000 | 330,000 | 373,000 | 490,000 | 488,000 |
| Total assets | US$ in thousands | 69,226,000 | 69,636,000 | 67,886,000 | 67,895,000 | 67,885,000 | 67,626,000 | 67,967,000 | 67,634,000 | 67,580,000 | 67,811,000 | 67,502,000 | 66,915,000 | 12,419,000 | 11,153,000 | 10,691,000 | 10,047,000 | 8,962,000 | 7,023,000 | 6,583,000 | 5,864,000 |
| Debt-to-assets ratio | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.00 | 0.00 | 0.03 | 0.03 | 0.04 | 0.05 | 0.07 | 0.08 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,721,000K ÷ $69,226,000K
= 0.02
The debt-to-assets ratio of Advanced Micro Devices Inc has shown a decreasing trend over the past few years, indicating a stronger financial position in terms of leveraging debt to finance its assets. As of December 31, 2024, the ratio stands at 0.02, meaning that only 2% of the company's assets are financed by debt. This indicates a conservative approach to debt management and suggests that the company has a strong ability to cover its debt obligations with its existing assets. Overall, the decreasing trend in the debt-to-assets ratio reflects a prudent financial strategy and solid financial stability for Advanced Micro Devices Inc.
Peer comparison
Dec 31, 2024