Stock Analysis on Net
Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Intel Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Accounts payable 6.39 4.48 5.27 3.41 3.65
Accrued compensation and benefits 1.70 1.91 2.24 2.69 2.61
Short-term debt 1.90 1.19 2.40 2.73 1.64
Income taxes payable 0.89 0.58 1.24 0.64 0.00
Other accrued liabilities 7.27 6.49 6.51 6.84 8.28
Current liabilities 18.15% 14.64% 17.66% 16.31% 16.17%
Long-term debt 23.55 24.52 20.69 19.90 22.14
Other long-term liabilities 4.84 3.43 4.93 7.15 8.75
Long-term liabilities 28.39% 27.96% 25.62% 27.05% 30.90%
Total liabilities 46.54% 42.60% 43.28% 43.36% 47.07%
Preferred stock, $0.001 par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $0.001 par value, and capital in excess of par value 25.93 19.13 17.34 16.63 16.69
Accumulated other comprehensive loss -0.36 -0.11 -0.31 -0.52 -0.49
Retained earnings 24.95 36.10 38.66 40.54 36.73
Total Intel stockholders’ equity 50.52% 55.12% 55.70% 56.64% 52.93%
Non-controlling interests 2.93 2.28 1.02 0.00 0.00
Total stockholders’ equity 53.46% 57.40% 56.72% 56.64% 52.93%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

The financial data indicates several notable trends within the company's liabilities and stockholders’ equity structure over the five-year period analyzed.

Accounts Payable
There is an overall increasing trend in accounts payable as a percentage of total liabilities and stockholders’ equity, rising from 3.65% in 2020 to 6.39% in 2024, despite some fluctuation. This suggests increasing reliance on short-term creditor financing or supplier credit.
Accrued Compensation and Benefits
The percentage attributed to accrued compensation and benefits steadily declined from 2.61% in 2020 to 1.7% in 2024, indicating potentially more efficient payroll management or changes in compensation policies.
Short-term Debt
Short-term debt values exhibit fluctuations with an initial increase from 1.64% in 2020 to 2.73% in 2021, followed by a decrease and a slight rise again in 2024. The trend points to some variability in short-term borrowing strategies.
Income Taxes Payable
Beginning with missing data in 2020, income taxes payable have generally been a minor but increasing component, climbing from 0.64% in 2021 to 0.89% in 2024.
Other Accrued Liabilities
These liabilities decreased sharply between 2020 and 2021, then stabilized and marginally increased by 2024, suggesting a reduction in miscellaneous accrued obligations followed by a modest rebound.
Current Liabilities
Current liabilities as a percentage of total liabilities and equity fluctuate within a narrow range but exhibit an overall increase from 16.17% in 2020 to 18.15% in 2024, implying a slightly heavier weighting of short-term obligations by the end of the period.
Long-term Debt
The proportion of long-term debt decreased initially from 22.14% in 2020 to 19.9% in 2021 but then rose to peak at 24.52% in 2023 before a slight decrease to 23.55% in 2024. This pattern indicates active long-term financing management, possibly influenced by refinancing or capital structure adjustments.
Other Long-term Liabilities
There is a clear downward trend in other long-term liabilities from 8.75% in 2020 to 3.43% in 2023, with a small rebound to 4.84% in 2024, pointing toward a reduction in miscellaneous long-term obligations over the period.
Long-term Liabilities
Collectively, long-term liabilities decreased from 30.9% in 2020 to 25.62% in 2022, before increasing again to 28.39% in 2024, indicating fluctuating reliance on longer-term financing sources.
Total Liabilities
Total liabilities as a percentage of total liabilities and stockholders’ equity declined from 47.07% in 2020 to its lowest point at 42.6% in 2023, then increased again to 46.54% in 2024, revealing a pattern of modest reduction followed by a partial reversal.
Common Stock and Capital in Excess of Par Value
There is a consistent upward trend in this equity component from 16.69% in 2020 to a significant 25.93% in 2024, suggesting equity issuance or capital increases over the period.
Accumulated Other Comprehensive Loss
This item remains a small negative figure relative to total liabilities and equity, fluctuating within a narrow band, indicating minimal impact on overall equity composition.
Retained Earnings
Retained earnings increased from 36.73% in 2020, peaking at 40.54% in 2021, then exhibited a gradual decline to 24.95% in 2024, indicating distributions or losses affecting accumulated profits in recent years.
Total Intel Stockholders’ Equity
Stockholders’ equity rose initially from 52.93% in 2020 to a high of 56.64% in 2021, and after minor fluctuations, declined to 50.52% by 2024. This trend shows overall stable but slightly decreasing shareholder equity relative to total capitalization.
Non-controlling Interests
Starting from no recorded value in 2020 and 2021, non-controlling interests grew steadily to 2.93% in 2024, reflecting increased minority interests in consolidated subsidiaries or joint ventures.
Total Stockholders’ Equity
When combining all equity components, total stockholders’ equity follows a pattern similar to the main equity line, peaking around 56.72% in 2022 and then declining to 53.46% in 2024, signifying a moderate decrease in owners' claim on total company resources.
Overall Capital Structure
The company's total liabilities and equity consistently sum to 100% as expected. The capital structure over the period reflects a somewhat balanced mix of liabilities and equity, with slight shifts towards increased liabilities by 2024 compared to the earlier years.