Adjusted Financial Ratios
Adjusted Financial Ratios (Summary)
Advanced Micro Devices Inc., adjusted financial ratios
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
Financial ratio | Description | The company |
---|---|---|
Adjusted total asset turnover | An activity ratio calculated as total revenue divided by adjusted total assets. | Advanced Micro Devices Inc.’s adjusted total asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Adjusted current ratio | A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. | Advanced Micro Devices Inc.’s adjusted current ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level. |
Adjusted debt-to-equity ratio | A solvency ratio calculated as adjusted total debt divided by adjusted total equity. | Advanced Micro Devices Inc.’s adjusted debt-to-equity ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted debt-to-capital ratio | A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. | Advanced Micro Devices Inc.’s adjusted debt-to-capital ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted financial leverage | A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity. Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income. |
Advanced Micro Devices Inc.’s adjusted financial leverage ratio decreased from 2017 to 2018 and from 2018 to 2019. |
Adjusted net profit margin | An indicator of profitability, calculated as adjusted net income divided by total revenue. | Advanced Micro Devices Inc.’s adjusted net profit margin ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted ROE | A profitability ratio calculated as adjusted net income divided by adjusted total equity. | Advanced Micro Devices Inc.’s adjusted ROE improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Adjusted ROA | A profitability ratio calculated as adjusted net income divided by adjusted total assets. | Advanced Micro Devices Inc.’s adjusted ROA improved from 2017 to 2018 and from 2018 to 2019. |
Advanced Micro Devices Inc., Financial Ratios: Reported vs. Adjusted
Adjusted Total Asset Turnover
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Total asset turnover = Net revenue ÷ Total assets
= 6,731 ÷ 6,028 = 1.12
2 Adjusted net revenue. See details »
3 Adjusted total assets. See details »
4 2019 Calculation
Adjusted total asset turnover = Adjusted net revenue ÷ Adjusted total assets
= 6,722 ÷ 6,006 = 1.12
Activity ratio | Description | The company |
---|---|---|
Adjusted total asset turnover | An activity ratio calculated as total revenue divided by adjusted total assets. | Advanced Micro Devices Inc.’s adjusted total asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Adjusted Current Ratio
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,597 ÷ 2,359 = 1.95
2 Adjusted current assets. See details »
3 Adjusted current liabilities. See details »
4 2019 Calculation
Adjusted current ratio = Adjusted current assets ÷ Adjusted current liabilities
= 4,597 ÷ 2,357 = 1.95
Liquidity ratio | Description | The company |
---|---|---|
Adjusted current ratio | A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. | Advanced Micro Devices Inc.’s adjusted current ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level. |
Adjusted Debt to Equity
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity (deficit)
= 486 ÷ 2,827 = 0.17
2 Adjusted total debt. See details »
3 Adjusted stockholders’ equity (deficit). See details »
4 2019 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted stockholders’ equity (deficit)
= 728 ÷ 2,833 = 0.26
Solvency ratio | Description | The company |
---|---|---|
Adjusted debt-to-equity ratio | A solvency ratio calculated as adjusted total debt divided by adjusted total equity. | Advanced Micro Devices Inc.’s adjusted debt-to-equity ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted Debt to Capital
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Debt to capital = Total debt ÷ Total capital
= 486 ÷ 3,313 = 0.15
2 Adjusted total debt. See details »
3 Adjusted total capital. See details »
4 2019 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 728 ÷ 3,561 = 0.20
Solvency ratio | Description | The company |
---|---|---|
Adjusted debt-to-capital ratio | A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. | Advanced Micro Devices Inc.’s adjusted debt-to-capital ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted Financial Leverage
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity (deficit)
= 6,028 ÷ 2,827 = 2.13
2 Adjusted total assets. See details »
3 Adjusted stockholders’ equity (deficit). See details »
4 2019 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted stockholders’ equity (deficit)
= 6,006 ÷ 2,833 = 2.12
Solvency ratio | Description | The company |
---|---|---|
Adjusted financial leverage | A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity. Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income. |
Advanced Micro Devices Inc.’s adjusted financial leverage ratio decreased from 2017 to 2018 and from 2018 to 2019. |
Adjusted Net Profit Margin
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
Net profit margin = 100 × Net income (loss) ÷ Net revenue
= 100 × 341 ÷ 6,731 = 5.07%
2 Adjusted net income (loss). See details »
3 Adjusted net revenue. See details »
4 2019 Calculation
Adjusted net profit margin = 100 × Adjusted net income (loss) ÷ Adjusted net revenue
= 100 × 335 ÷ 6,722 = 4.98%
Profitability ratio | Description | The company |
---|---|---|
Adjusted net profit margin | An indicator of profitability, calculated as adjusted net income divided by total revenue. | Advanced Micro Devices Inc.’s adjusted net profit margin ratio improved from 2017 to 2018 and from 2018 to 2019. |
Adjusted Return on Equity (ROE)
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
ROE = 100 × Net income (loss) ÷ Stockholders’ equity (deficit)
= 100 × 341 ÷ 2,827 = 12.06%
2 Adjusted net income (loss). See details »
3 Adjusted stockholders’ equity (deficit). See details »
4 2019 Calculation
Adjusted ROE = 100 × Adjusted net income (loss) ÷ Adjusted stockholders’ equity (deficit)
= 100 × 335 ÷ 2,833 = 11.82%
Profitability ratio | Description | The company |
---|---|---|
Adjusted ROE | A profitability ratio calculated as adjusted net income divided by adjusted total equity. | Advanced Micro Devices Inc.’s adjusted ROE improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Adjusted Return on Assets (ROA)
Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).
1 2019 Calculation
ROA = 100 × Net income (loss) ÷ Total assets
= 100 × 341 ÷ 6,028 = 5.66%
2 Adjusted net income (loss). See details »
3 Adjusted total assets. See details »
4 2019 Calculation
Adjusted ROA = 100 × Adjusted net income (loss) ÷ Adjusted total assets
= 100 × 335 ÷ 6,006 = 5.58%
Profitability ratio | Description | The company |
---|---|---|
Adjusted ROA | A profitability ratio calculated as adjusted net income divided by adjusted total assets. | Advanced Micro Devices Inc.’s adjusted ROA improved from 2017 to 2018 and from 2018 to 2019. |