Intel Corporation (INTC)

Debt-to-equity ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	46,282,000	46,978,000	37,684,000	33,510,000	33,897,000
Total stockholders’ equity	US$ in thousands	99,270,000	105,590,000	101,423,000	95,391,000	81,073,000
Debt-to-equity ratio		0.47	0.44	0.37	0.35	0.42

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $46,282,000K ÷ $99,270,000K
= 0.47

The debt-to-equity ratio of Intel Corporation has shown fluctuations over the past five years. As of December 31, 2020, the ratio stood at 0.42, indicating that the company had $0.42 in debt for every $1 of equity. Over the subsequent years, the ratio decreased to 0.35 by December 31, 2021, suggesting a reduction in the company's reliance on debt financing relative to equity. However, by the end of 2022, the ratio increased slightly to 0.37 before rising further to 0.44 as of December 31, 2023, and 0.47 by December 31, 2024.

This trend indicates that Intel Corporation's debt levels have been increasing in relation to its equity over the years, which may imply a higher degree of financial leverage and potential risk. It is crucial for investors and stakeholders to monitor this ratio to assess the company's ability to manage its debt obligations and maintain a healthy balance between debt and equity financing.