Intel Corporation (INTC)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	105,590,000	101,813,000	101,017,000	98,059,000	101,423,000	99,885,000	101,218,000	103,136,000	95,391,000	90,087,000	85,207,000	79,807,000	81,073,000	74,554,000	82,010,000	76,354,000	77,504,000	74,242,000	74,947,000	73,661,000
Debt-to-capital ratio		0.31	0.31	0.31	0.33	0.27	0.27	0.24	0.24	0.26	0.28	0.27	0.29	0.29	0.33	0.31	0.32	0.25	0.24	0.25	0.26

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $46,978,000K ÷ ($46,978,000K + $105,590,000K)
= 0.31

The debt-to-capital ratio of Intel Corporation has shown some fluctuations over the past few quarters, ranging from 0.24 to 0.33. The ratio indicates the proportion of the company's total debt relative to its total capital, which includes both debt and equity.

In general, a lower debt-to-capital ratio suggests that the company relies less on debt financing and has a stronger capital structure. On the other hand, a higher ratio may indicate higher financial leverage and potential risk.

Intel's debt-to-capital ratio has been relatively stable around the 0.27 to 0.31 range in recent quarters, indicating a moderate level of debt usage compared to its capital base. This consistency suggests that Intel has been maintaining a balanced approach to financing its operations and investments.

It is important for investors and stakeholders to monitor changes in the debt-to-capital ratio over time to assess the company's financial health and risk profile. Further analysis of the components of debt and capital structure would provide additional insights into Intel Corporation's overall financial position.