Current Ratio
since 2005
Paying user area
Try for free
Intel Corp. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Intel Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Intel Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 28, 2024 | = | ÷ | |||
| Dec 30, 2023 | = | ÷ | |||
| Dec 31, 2022 | = | ÷ | |||
| Dec 25, 2021 | = | ÷ | |||
| Dec 26, 2020 | = | ÷ | |||
| Dec 28, 2019 | = | ÷ | |||
| Dec 29, 2018 | = | ÷ | |||
| Dec 30, 2017 | = | ÷ | |||
| Dec 31, 2016 | = | ÷ | |||
| Dec 26, 2015 | = | ÷ | |||
| Dec 27, 2014 | = | ÷ | |||
| Dec 28, 2013 | = | ÷ | |||
| Dec 29, 2012 | = | ÷ | |||
| Dec 31, 2011 | = | ÷ | |||
| Dec 25, 2010 | = | ÷ | |||
| Dec 26, 2009 | = | ÷ | |||
| Dec 27, 2008 | = | ÷ | |||
| Dec 29, 2007 | = | ÷ | |||
| Dec 30, 2006 | = | ÷ | |||
| Dec 31, 2005 | = | ÷ |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The analysis of the current assets, current liabilities, and current ratio over the given annual periods reveals several notable trends and fluctuations. These financial metrics provide insight into the company's short-term liquidity and its ability to cover current obligations with current assets.
- Current Assets
- Current assets show a fluctuating pattern throughout the years. Starting from US$21,194 million at the end of 2005, there is an initial decline in 2006, followed by a general upward movement with some volatility, reaching peaks around 2010, 2016, and significantly increasing towards 2020 and 2021 with values of US$47,249 million and US$57,718 million respectively. However, subsequent years show a decline again to US$43,269 million in 2023, then a slight recovery to US$47,324 million in 2024. This suggests periods of expansion and contraction in liquid and near-liquid assets over time.
- Current Liabilities
- Current liabilities generally display an upward trend from US$9,234 million in 2005 to a peak of US$32,155 million in 2022. There is steady growth with some acceleration especially after 2015, indicating increasing obligations due within a year. Despite minor decreases in the last two years of data, liabilities remain at elevated levels compared to the earlier years, suggesting an increased short-term debt or payable load over time.
- Current Ratio
- The current ratio, representing liquidity, begins at a relatively strong 2.3 in 2005 and maintains values above 2.0 generally through 2010, indicating healthy liquidity. However, from 2011 onwards, the ratio declines substantially with some fluctuations, reaching lows below 1.5 in recent years (1.33 in 2024). This decline points to a relative reduction in liquidity, where current liabilities grow faster than current assets, signaling tighter short-term financial conditions and potentially higher liquidity risk.
Overall, the data indicates an environment of asset growth accompanied by a proportionally greater increase in short-term liabilities, which has resulted in a weakening of liquidity as measured by the current ratio. This trend highlights the importance of monitoring working capital management and the ability to meet short-term obligations without strain. The declining ratio in recent years is a cautionary sign that could warrant further examination of operational efficiency, inventory management, and short-term financing strategies.
Comparison to Competitors
Intel Corp., current ratio, long-term trends, comparison to competitors
| Intel Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | Monolithic Power Systems Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 28, 2024 | ||||||||||||
| Dec 30, 2023 | ||||||||||||
| Dec 31, 2022 | ||||||||||||
| Dec 25, 2021 | ||||||||||||
| Dec 26, 2020 | ||||||||||||
| Dec 28, 2019 | ||||||||||||
| Dec 29, 2018 | ||||||||||||
| Dec 30, 2017 | ||||||||||||
| Dec 31, 2016 | ||||||||||||
| Dec 26, 2015 | ||||||||||||
| Dec 27, 2014 | ||||||||||||
| Dec 28, 2013 | ||||||||||||
| Dec 29, 2012 | ||||||||||||
| Dec 31, 2011 | ||||||||||||
| Dec 25, 2010 | ||||||||||||
| Dec 26, 2009 | ||||||||||||
| Dec 27, 2008 | ||||||||||||
| Dec 29, 2007 | ||||||||||||
| Dec 30, 2006 | ||||||||||||
| Dec 31, 2005 |
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), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Intel Corp., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Intel Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 28, 2024 | ||
| Dec 30, 2023 | ||
| Dec 31, 2022 | ||
| Dec 25, 2021 | ||
| Dec 26, 2020 | ||
| Dec 28, 2019 | ||
| Dec 29, 2018 | ||
| Dec 30, 2017 | ||
| Dec 31, 2016 | ||
| Dec 26, 2015 | ||
| Dec 27, 2014 | ||
| Dec 28, 2013 | ||
| Dec 29, 2012 | ||
| Dec 31, 2011 | ||
| Dec 25, 2010 | ||
| Dec 26, 2009 | ||
| Dec 27, 2008 | ||
| Dec 29, 2007 | ||
| Dec 30, 2006 | ||
| Dec 31, 2005 |
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), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Intel Corp., current ratio, long-term trends, comparison to industry (information technology)
| Intel Corp. | Information Technology | |
|---|---|---|
| Dec 28, 2024 | ||
| Dec 30, 2023 | ||
| Dec 31, 2022 | ||
| Dec 25, 2021 | ||
| Dec 26, 2020 | ||
| Dec 28, 2019 | ||
| Dec 29, 2018 | ||
| Dec 30, 2017 | ||
| Dec 31, 2016 | ||
| Dec 26, 2015 | ||
| Dec 27, 2014 | ||
| Dec 28, 2013 | ||
| Dec 29, 2012 | ||
| Dec 31, 2011 | ||
| Dec 25, 2010 | ||
| Dec 26, 2009 | ||
| Dec 27, 2008 | ||
| Dec 29, 2007 | ||
| Dec 30, 2006 | ||
| Dec 31, 2005 |
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), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).