Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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

Microsoft Excel
Mar 29, 2025 Dec 28, 2024 Sep 28, 2024 Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 25, 2021 Sep 25, 2021 Jun 26, 2021 Mar 27, 2021 Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020
Accounts payable
Accrued compensation and benefits
Short-term debt
Income taxes payable
Other accrued liabilities
Current liabilities
Long-term debt
Other long-term liabilities
Long-term liabilities
Total liabilities
Temporary equity
Common stock and capital in excess of par value
Accumulated other comprehensive loss
Retained earnings
Total Intel stockholders’ equity
Non-controlling interests
Total stockholders’ equity
Total liabilities, temporary equity, and stockholders’ equity

Based on: 10-Q (reporting date: 2025-03-29), 10-K (reporting date: 2024-12-28), 10-Q (reporting date: 2024-09-28), 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28).


Accounts Payable
Accounts payable as a percentage of the total liabilities, temporary equity, and stockholders’ equity showed a generally increasing trend. Starting from 3.14% in March 2020, the figure rose with fluctuations to reach a notably higher level of 5.67% by March 2025. The increase was particularly marked post-2022, indicating a growing share of accounts payable in the company's liabilities and equity structure.
Accrued Compensation and Benefits
This metric experienced substantial variability, rising initially from 1.6% in March 2020 to 2.69% by December 2020. However, from 2021 onward, the value generally declined with some intermittent rises, falling to 1.38% by March 2025. This suggests a trend of reduced accruals for compensation and benefits relative to the overall capital structure after a peak in 2020.
Short-term Debt
Short-term debt fluctuated significantly, starting at 2.35% in March 2020, experiencing a low of 0.35% in September 2020, and then gradually increasing again toward 2.73% by December 2024. By March 2025, the short-term debt was at 2.73%, higher than many prior quarters. This reflects variability in short-term borrowing without a clear long-term directional trend.
Income Taxes Payable
Data for income taxes payable are available only from late 2022 onward, showing relative volatility between 0.18% and 1.26%. No consistent trend is observable due to limited data points.
Other Accrued Liabilities
Other accrued liabilities declined over the total period, starting from 9.10% in March 2020 and decreasing to 5.99% by March 2025. This steady decline suggests better liability management or changes in accrual policies over time.
Current Liabilities
Current liabilities as a percent of the total showed moderate fluctuation within the 14% to 18% range. The figure declined from 16.18% in March 2020 to roughly 14.12% in mid-2024 but then increased again to 16.74% by March 2025, indicating some instability but no strong directional trend.
Long-term Debt
Long-term debt percentages decreased from 24.68% in March 2020 to a low around 18.59% in early 2022, then climbed back near 23% by March 2025. This reflects a reduction in long-term debt in the middle periods followed by a partial recovery, suggesting strategic debt management or refinancing activity.
Other Long-term Liabilities
This item exhibited a consistent downward trend, falling from 7.45% in March 2020 to 4.55% by March 2025, reflecting a reduction in other long-term obligations relative to the company's capitalization.
Long-term Liabilities Overall
Long-term liabilities as a whole decreased from 32.13% to levels around 28% by 2025, indicative of an overall reduction in long-term obligations relative to total financing.
Total Liabilities
Total liabilities declined steadily from 48.31% in early 2020 to a trough near 40.61% in mid-2022, before increasing again to 44.65% by early 2025. This pattern suggests a temporary reduction in liabilities, with a partial rebound in recent quarters.
Common Stock and Capital in Excess of Par Value
This component increased steadily over the whole period from 17.09% to a robust 27.01% by March 2025, reflecting a significant enhancement in equity capital relative to total financing sources.
Accumulated Other Comprehensive Loss
A relatively stable negative balance was observed over the period, fluctuating modestly near zero, which suggests minor but continuous comprehensive loss effects impacting equity.
Retained Earnings
Retained earnings as a proportion of total capitalization initially rose from 35.64% to 42.83% by mid-2022, followed by a pronounced decline to approximately 25.14% by March 2025. This likely represents distribution of earnings or increased payouts, reducing retained capital over time.
Total Stockholders’ Equity
Total stockholders’ equity remained over 50% through all periods, rising from about 51.69% to a peak near 58.4% in mid-2024, before decreasing slightly to 55.35% by early 2025. The increase largely reflects expansion in common stock and capital, partially offset by declining retained earnings.
Non-controlling Interests
Data from late 2022 onward show a growth in non-controlling interests, increasing from 1.02% to 3.46% by March 2025, signaling a growing influence or ownership by minority stakeholders.
Summary
The financial structure reveals a gradual shift from liabilities toward equity financing, highlighted by increasing common stock and capital. Reduction in other accrued liabilities and other long-term liabilities suggests enhanced liability management. Fluctuations in retained earnings and non-controlling interests indicate dynamic equity movements, while both short-term and long-term debts exhibit moderate variability without dramatic directional changes. Overall, the company maintains a stable balance between liabilities and equity with modest shifts favoring greater equity representation by early 2025.