Intel Corp. (NASDAQ:INTC)

Debt to Equity Ratio

The debt to equity ratio exhibits a general declining trend from March 28, 2020 (0.52) through approximately mid-2022, reaching a low of 0.35 in July 2022. From that point forward, the ratio experiences a moderate increase, stabilizing around 0.49 to 0.51 in the later periods, including the quarters ending in the first quarter of 2025. Overall, the ratio fluctuates but indicates a tendency for the company to decrease reliance on debt relative to shareholder equity initially, followed by a gradual increase in leverage towards the most recent quarters.

Debt to Capital Ratio

This ratio decreases steadily from 0.34 in March 2020 to a low point of 0.26 in the second quarter of 2022. After this period, the debt to capital ratio resumes a rising pattern, stabilizing around 0.33 to 0.34 in the most recent reported quarters. The fluctuations suggest an initial phase of deleveraging followed by a rebalancing where the company adopts a somewhat higher proportion of debt relative to total capital in the following years.

Debt to Assets Ratio

The debt to assets ratio shows a moderate decline from 0.27 in early 2020 to around 0.21 during the first half of 2022, indicating a reduction in the company's debt load relative to total asset base. Post mid-2022, the ratio climbs back to approximately 0.26 by March 2025, reflecting a partial reversal of the earlier deleveraging trend. This pattern is consistent with the trends observed in the other solvency measures, displaying initial conservative financial management transitioning to a higher debt utilization approach in recent periods.

Financial Leverage Ratio

The financial leverage ratio declines from 1.93 in March 2020 to a low around 1.68 in July 2022, indicating diminished use of debt in the capital structure relative to equity. Subsequently, the ratio rises again to values near 1.9 to 1.98 by the end of 2024, suggesting an increased degree of leverage. This reinforces the pattern seen in other debt metrics, where the company initially reduces leverage and then progressively increases it in the subsequent quarters.

The analysis of the financial trends over the quarters reveals several notable patterns regarding debt levels, equity, and leverage ratios.

Total Debt

The total debt exhibits some volatility but generally shows a slight upward trend over the period analyzed. Initially, total debt decreased from approximately $39.9 billion in March 2020 to around $35.4 billion by June 2021. Subsequently, a rise is observed, peaking at about $50.3 billion in April 2023. Following this peak, the total debt stabilized around the $50 billion range with minor fluctuations through March 2025.

Total Intel Stockholders’ Equity

Stockholders’ equity displays a gradually increasing trend with some fluctuations. Beginning at roughly $76.4 billion in March 2020, equity values rose to a high of about $115.2 billion in June 2024. There is a noticeable dip toward the end of the period, with equity declining to approximately $99.8 billion by March 2025. Despite fluctuations, equity generally trended upward, reflecting growth in shareholders' value over the period.

Debt to Equity Ratio

The debt to equity ratio indicates moderate leverage with some variation across the timeline. Initially, the ratio was 0.52 in March 2020 and declined steadily to a low near 0.35 by July 2022, reflecting debt reduction relative to equity growth. After mid-2022, the ratio increased again, reaching around 0.51 in April 2023, then slightly declining and stabilizing near 0.5 toward March 2025. This pattern suggests a cyclical approach to leverage management, balancing between debt and equity financing.

In summary, the data suggest a strategic effort to manage debt levels in relation to equity, with equity generally growing, while debt levels experience periods of increase and stabilization. The leverage ratio’s fluctuations imply adjustments in the capital structure possibly in response to market conditions or internal financing strategies. Overall, the company maintains a moderate debt-to-equity profile throughout the period analyzed.

The financial data reveals several notable trends regarding leverage and capital structure over the observed periods.

Total Debt

The total debt shows a fluctuating pattern over the time span. Initially, it decreases from approximately $39.9 billion in March 2020 to about $35.4 billion in June 2021. Thereafter, there is a period of increase reaching a peak near $50.3 billion by April 2023, followed by relatively stable values around the high $49 billion to $52 billion range through March 2025. This suggests a phase of increased borrowing or refinancing after mid-2021.

Total Capital

Total capital exhibits a generally upward trajectory throughout the periods. Starting at around $116.3 billion in March 2020, the capital amount rises steadily with minor fluctuations to reach a maximum of about $168.3 billion by June 2024, before slightly declining toward $149.9 billion by March 2025. This upward trend reflects growth in the capital base, potentially driven by increased equity or retained earnings combined with debt.

Debt to Capital Ratio

The debt to capital ratio decreases from 0.34 in March 2020 to a low near 0.26 in July 2022, indicating a reduction in reliance on debt relative to overall capital during that period. From mid-2022 onward, the ratio trends upward again, fluctuating around the 0.32 to 0.34 range through March 2025. This pattern suggests a more cautious capital structure initially moving towards deleveraging, then a subsequent gradual increase in leverage.

Overall, the company's financial profile over the period reflects an initial effort to reduce debt burden and strengthen capital, followed by an increase in borrowing and a somewhat higher leverage ratio in recent years. The total capital growth supports an expanding financial base despite the uptick in debt. The debt to capital ratio remaining close to one-third suggests a balanced approach to managing financial risk and capital sources.

The data reveals several notable trends in the company's financial position over the examined periods. Total debt exhibits variability, with an overall upward trajectory from approximately $39.9 billion in early 2020 to a peak exceeding $52 billion by mid-2024, followed by a modest decrease toward the end of the period. This indicates the company has increased its borrowing or liabilities over time, particularly after mid-2022.

Total assets show a generally increasing pattern, rising from about $147.7 billion in the first quarter of 2020 to a peak near $206.2 billion around mid-2024, before slightly retracting below $196 billion by early 2025. This suggests ongoing asset growth, reflecting investments or asset accumulation strategies, though the recent slight decline might imply disposals or asset impairments.

The debt to assets ratio remains relatively stable throughout the timeframe, fluctuating mostly between 0.23 and 0.27. This consistency indicates that despite the growth in total debt and assets, the company has maintained a fairly balanced leverage position relative to its asset base, without dramatic increases in financial risk associated with debt levels.

Total Debt

Started near $39.9 billion in early 2020, decreased slightly until mid-2021, then increased substantially, peaking at approximately $52 billion in mid-2024 before slightly declining by early 2025.

Total Assets

Showed steady growth from about $147.7 billion in early 2020 to over $206 billion mid-2024, with a minor decrease thereafter towards $192 billion by early 2025.

Debt to Assets Ratio

Remained relatively constant, ranging between 0.23 and 0.27, indicating stable leverage practices despite changes in absolute debt and asset values.

Overall, the financial data points to a company that has been actively managing its capital structure, increasing both assets and liabilities in proportion, thus maintaining a consistent leverage ratio. The slight recent decrease in both debt and assets may warrant monitoring to understand the underlying causes and potential impacts on financial flexibility.

The analysis of the financial data reveals several notable trends in total assets, stockholders' equity, and financial leverage over the examined periods.

Total Assets

Total assets generally show a fluctuating but upward trajectory throughout the periods. Beginning at approximately $147.7 billion in early 2020, the total assets increased to about $168.4 billion by the end of 2021. Following this, the assets continued to trend upward, reaching a peak around $206.2 billion in mid-2024 before experiencing a slight decline towards $192.2 billion by early 2025. The overall trend suggests growth in asset base with intermittent periods of deceleration or reduction.

Total Intel Stockholders' Equity

Stockholders' equity exhibits a more variable pattern. Starting from around $76.4 billion in early 2020, the equity value initially rose, reaching over $95 billion by the end of 2021. Subsequently, equity fluctuated, peaking near $115.2 billion in mid-2024 before declining sharply toward approximately $99.8 billion by the first quarter of 2025. This volatility indicates changes in retained earnings, dividends, or other equity components affecting the company’s net worth over time.

Financial Leverage

The financial leverage ratio, calculated as total assets divided by stockholders' equity, shows a general declining trend from 1.93 in early 2020 to a low around 1.68 in mid-2022. This indicates a reduction in leverage, implying less reliance on debt relative to equity during that time. However, starting thereafter, leverage ratios increased again, reaching around 1.98 by late 2024, before slightly decreasing to approximately 1.93 in early 2025. This dynamic suggests shifts in the company’s financing structure, alternating between increased and decreased use of debt financing over the analyzed periods.

In summary, the company’s asset base expanded overall, supported by fluctuations in equity. The financial leverage trends reflect changes in capital structure, initially leaning towards reduced leverage before returning to higher levels closer to the starting point. These patterns may indicate strategic shifts in financing policies or responses to external financial conditions over the examined time frame.