Intel Corporation (INTC)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 196,485,000 | 191,572,000 | 182,103,000 | 168,406,000 | 153,091,000 |
| Total stockholders’ equity | US$ in thousands | 99,270,000 | 105,590,000 | 101,423,000 | 95,391,000 | 81,073,000 |
| Financial leverage ratio | 1.98 | 1.81 | 1.80 | 1.77 | 1.89 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $196,485,000K ÷ $99,270,000K
= 1.98
The trend of Intel Corporation's financial leverage ratio over the past five years shows a relatively stable level of leverage within the range of 1.77 to 1.98. While there was a slight decrease in the ratio from 1.89 in 2020 to 1.77 in 2021, it remained relatively consistent in the subsequent years, hovering around 1.80 to 1.98.
A financial leverage ratio of 1.77 to 1.98 indicates that Intel Corporation relies more on equity financing rather than debt financing, given that the ratio is below 2. This suggests a conservative approach to capital structure and indicates lower financial risk as compared to companies with higher leverage ratios.
Overall, the stable financial leverage ratio of Intel Corporation reflects a balanced mix of debt and equity in its capital structure, which may provide the company with financial stability and flexibility to pursue growth opportunities while managing its debt obligations effectively.
Peer comparison
Dec 31, 2024