Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Analog Devices Inc. (NASDAQ:ADI)

Analysis of Debt

Advanced level

Total Debt (Carrying Amount)

Analog Devices Inc., balance sheet: debt

US$ in thousands

Microsoft Excel LibreOffice Calc
Oct 31, 2020 Nov 2, 2019 Nov 3, 2018 Oct 28, 2017 Oct 29, 2016 Oct 31, 2015
Debt, current —  299,667  67,000  300,000  —  374,839 
Long-term debt, excluding current 5,145,102  5,192,252  6,265,674  7,551,084  1,732,177  498,497 
Total debt (carrying amount) 5,145,102  5,491,919  6,332,674  7,851,084  1,732,177  873,336 

Based on: 10-K (filing date: 2020-11-24), 10-K (filing date: 2019-11-26), 10-K (filing date: 2018-11-27), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-22), 10-K (filing date: 2015-11-24).

Debt item Description The company
Total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Analog Devices Inc.’s total debt decreased from 2018 to 2019 and from 2019 to 2020.

Total Debt (Fair Value)

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Oct 31, 2020
Selected Financial Data (US$ in thousands)
3-Year term loan, due March 2022 925,000 
3-Year term loan, due March 2020 — 
5-Year term loan, due March 2022 — 
2016 Notes, due April 2016 — 
2020 Notes, due March 2020 — 
2021 Notes, due January 2021 — 
2021 Notes, due December 2021 408,565 
2023 Notes, due June 2023 526,855 
2023 Notes, due December 2023 590,177 
2025 Notes, due April 2025 434,919 
2025 Notes, due December 2025 969,033 
2026 Notes, due December 2026 1,017,505 
2036 Notes, due December 2036 298,153 
2045 Notes, due December 2045 538,788 
Total debt (fair value) 5,708,995 
Financial Ratio
Debt, fair value to carrying amount ratio 1.11

Based on: 10-K (filing date: 2020-11-24).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt: 3.54%

Interest Rate Debt Amount1 Interest Rate × Debt Amount Weighted-average Interest Rate2
2.50% 398,991  9,975 
2.88% 498,411  14,329 
3.13% 547,259  17,102 
2.95% 396,084  11,684 
3.90% 845,496  32,974 
3.50% 892,187  31,227 
4.50% 246,625  11,098 
5.30% 395,049  20,938 
Total 4,220,102  149,327 
3.54%

Based on: 10-K (filing date: 2020-11-24).

1 US$ in thousands

2 Weighted-average interest rate = 100 × 149,327 ÷ 4,220,102 = 3.54%