Intel Corporation (INTC)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	46,978,000	46,591,000	46,335,000	48,836,000	37,684,000	37,240,000	32,548,000	32,788,000	33,510,000	35,610,000	31,714,000	33,237,000	33,897,000	36,059,000	36,093,000	36,455,000	25,308,000	23,707,000	25,089,000	25,737,000
Total assets	US$ in thousands	191,572,000	188,837,000	185,629,000	185,303,000	182,103,000	174,841,000	170,418,000	176,356,000	168,406,000	167,962,000	154,597,000	150,622,000	153,091,000	145,261,000	152,539,000	147,710,000	136,524,000	133,768,000	130,759,000	129,458,000
Debt-to-assets ratio		0.25	0.25	0.25	0.26	0.21	0.21	0.19	0.19	0.20	0.21	0.21	0.22	0.22	0.25	0.24	0.25	0.19	0.18	0.19	0.20

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $46,978,000K ÷ $191,572,000K
= 0.25

The debt-to-assets ratio of Intel Corporation has been relatively stable over the past several quarters, hovering around 0.20 to 0.25. This ratio indicates the proportion of the company's assets financed by debt, with lower ratios generally reflecting less financial risk.

The ratio of 0.25 as of December 31, 2023, suggests that 25% of Intel's assets are funded by debt. This signifies a moderate level of leverage, which can be beneficial for funding growth initiatives and maximizing shareholder returns but also carries some level of financial risk.

Overall, the consistency of Intel's debt-to-assets ratio within a narrow range over time indicates a balanced approach to capital structure management, maintaining a healthy mix of debt and equity to support its operations and growth strategies.