Intel Corporation (INTC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 47,324,000 | 43,269,000 | 50,407,000 | 58,558,000 | 47,249,000 |
| Total current liabilities | US$ in thousands | 35,666,000 | 28,053,000 | 32,155,000 | 27,462,000 | 24,754,000 |
| Current ratio | 1.33 | 1.54 | 1.57 | 2.13 | 1.91 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $47,324,000K ÷ $35,666,000K
= 1.33
The current ratio of Intel Corporation has shown a generally positive trend over the past five years, increasing from 1.91 in December 2020 to a peak of 2.13 in December 2021. However, there has been a slight decline in the ratio in the subsequent years, reaching 1.33 by December 2024.
A current ratio above 1 indicates that Intel Corporation has more current assets than current liabilities, suggesting the company is able to meet its short-term obligations. While the ratio has decreased over the last two years, it is still above the critical threshold of 1, indicating a healthy liquidity position. However, stakeholders may want to monitor this trend to ensure Intel's ability to cover its short-term liabilities remains stable.
Peer comparison
Dec 31, 2024