Intel Corporation (INTC)

Debt-to-capital 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	46,282,000	46,471,000	48,334,000	47,869,000	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
Total stockholders’ equity	US$ in thousands	99,270,000	99,532,000	115,229,000	105,973,000	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
Debt-to-capital ratio		0.32	0.32	0.30	0.31	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

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $46,282,000K ÷ ($46,282,000K + $99,270,000K)
= 0.32

The debt-to-capital ratio of Intel Corporation has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio has generally trended downwards during this timeframe, indicating a decreasing reliance on debt to finance its operations compared to its total capital structure. The ratio decreased from 0.32 as of March 31, 2020, to 0.30 as of June 30, 2024. This suggests that Intel has been effectively managing its debt levels in relation to its overall capital base. However, it is worth noting that the ratio increased slightly in some quarters before stabilizing around 0.30, indicating that the company may have taken on more debt relative to its capital structure during those periods. In conclusion, Intel's debt-to-capital ratio has generally trended downwards, showing a prudent approach to managing its debt obligations in the context of its total capital.