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

Intel Corp. (NASDAQ:INTC)

Analysis of Long-term (Investment) Activity Ratios

Beginner level

Long-term Activity Ratios (Summary)

Intel Corp., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Net fixed asset turnover 1.30 1.45 1.53 1.64 1.74
Net fixed asset turnover (including operating lease, right-of-use asset) 1.28 1.45 1.53 1.64 1.74
Total asset turnover 0.53 0.55 0.51 0.52 0.54
Equity turnover 0.93 0.95 0.91 0.90 0.91

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Intel Corp.’s net fixed asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Intel Corp.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2017 to 2018 and from 2018 to 2019.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Intel Corp.’s total asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Intel Corp.’s equity turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Net Fixed Asset Turnover

Intel Corp., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net revenue 71,965  70,848  62,761  59,387  55,355 
Property, plant and equipment, net 55,386  48,976  41,109  36,171  31,858 
Long-term Activity Ratio
Net fixed asset turnover1 1.30 1.45 1.53 1.64 1.74
Benchmarks
Net Fixed Asset Turnover, Competitors2
Advanced Micro Devices Inc. 13.46 18.61 20.42 26.05 21.23
Analog Devices Inc. 4.91 5.37 4.61 5.38 5.33
Apple Inc. 6.96 6.43 6.79 7.98 10.40
Applied Materials Inc. 9.55 12.26 13.64 11.55 10.83
Broadcom Inc. 8.81 7.91 6.79 5.28 4.67
Cisco Systems Inc. 18.61 16.41 14.45 14.05 14.75
Lam Research Corp. 9.12 12.27 11.69 9.20 8.46
Micron Technology Inc. 0.83 1.28 1.05 0.84 1.53
NVIDIA Corp. 8.34 9.74 13.26 10.75 8.40
Qualcomm Inc. 7.88 7.64 6.93 10.21 9.98
Texas Instruments Inc. 4.35 4.96 5.62 5.32 5.01
Net Fixed Asset Turnover, Sector
Technology Hardware & Equipment 3.74 4.03 4.15 4.55 5.49
Net Fixed Asset Turnover, Industry
Technology 3.38 3.69 3.99 4.42 5.20

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Net fixed asset turnover = Net revenue ÷ Property, plant and equipment, net
= 71,965 ÷ 55,386 = 1.30

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Intel Corp.’s net fixed asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Intel Corp., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net revenue 71,965  70,848  62,761  59,387  55,355 
 
Property, plant and equipment, net 55,386  48,976  41,109  36,171  31,858 
Operating lease right-of-use asset (included in Other long-term assets) 628  —  —  —  — 
Property, plant and equipment, net (including operating lease, right-of-use asset) 56,014  48,976  41,109  36,171  31,858 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 1.28 1.45 1.53 1.64 1.74
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Advanced Micro Devices Inc. 9.55 18.61 20.42 26.05 21.23
Cisco Systems Inc. 18.61 16.41 14.45 14.05 14.75
Lam Research Corp. 9.12 12.27 11.69 9.20 8.46
Micron Technology Inc. 0.83 1.28 1.05 0.84 1.53
NVIDIA Corp. 8.34 9.74 13.26 10.75 8.40
Texas Instruments Inc. 3.95 4.96 5.62 5.32 5.01
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Technology Hardware & Equipment 3.71 4.03 4.15 4.55 5.49
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Technology 3.04 3.60 3.99 4.42 5.20

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net revenue ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= 71,965 ÷ 56,014 = 1.28

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Intel Corp.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2017 to 2018 and from 2018 to 2019.

Total Asset Turnover

Intel Corp., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net revenue 71,965  70,848  62,761  59,387  55,355 
Total assets 136,524  127,963  123,249  113,327  103,065 
Long-term Activity Ratio
Total asset turnover1 0.53 0.55 0.51 0.52 0.54
Benchmarks
Total Asset Turnover, Competitors2
Advanced Micro Devices Inc. 1.12 1.42 1.51 1.29 1.28
Analog Devices Inc. 0.28 0.30 0.24 0.43 0.49
Apple Inc. 0.77 0.73 0.61 0.67 0.80
Applied Materials Inc. 0.77 0.97 0.75 0.74 0.63
Broadcom Inc. 0.33 0.42 0.32 0.26 0.64
Cisco Systems Inc. 0.53 0.45 0.37 0.40 0.43
Lam Research Corp. 0.80 0.89 0.66 0.48 0.56
Micron Technology Inc. 0.48 0.70 0.58 0.45 0.67
NVIDIA Corp. 0.88 0.86 0.70 0.68 0.65
Qualcomm Inc. 0.74 0.70 0.34 0.45 0.50
Texas Instruments Inc. 0.80 0.92 0.85 0.81 0.80
Total Asset Turnover, Sector
Technology Hardware & Equipment 0.64 0.65 0.52 0.56 0.66
Total Asset Turnover, Industry
Technology 0.56 0.57 0.49 0.53 0.59

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Total asset turnover = Net revenue ÷ Total assets
= 71,965 ÷ 136,524 = 0.53

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Intel Corp.’s total asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Equity Turnover

Intel Corp., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net revenue 71,965  70,848  62,761  59,387  55,355 
Stockholders’ equity 77,504  74,563  69,019  66,226  61,085 
Long-term Activity Ratio
Equity turnover1 0.93 0.95 0.91 0.90 0.91
Benchmarks
Equity Turnover, Competitors2
Advanced Micro Devices Inc. 2.38 5.11 8.72 10.27
Analog Devices Inc. 0.51 0.56 0.50 0.66 0.68
Apple Inc. 2.88 2.48 1.71 1.68 1.96
Applied Materials Inc. 1.78 2.52 1.55 1.50 1.27
Broadcom Inc. 0.91 0.78 0.87 0.70 1.45
Cisco Systems Inc. 1.55 1.14 0.73 0.77 0.82
Lam Research Corp. 2.07 1.70 1.18 1.00 1.03
Micron Technology Inc. 0.65 0.94 1.09 1.03 1.32
NVIDIA Corp. 1.25 1.30 1.20 1.12 1.06
Qualcomm Inc. 4.94 24.50 0.73 0.74 0.80
Texas Instruments Inc. 1.61 1.75 1.45 1.28 1.31
Equity Turnover, Sector
Technology Hardware & Equipment 1.65 1.61 1.19 1.17 1.33
Equity Turnover, Industry
Technology 1.30 1.30 1.09 1.07 1.17

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Equity turnover = Net revenue ÷ Stockholders’ equity
= 71,965 ÷ 77,504 = 0.93

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Intel Corp.’s equity turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.