Microsoft Excel LibreOffice Calc

International Business Machines Corp. (IBM)

Debt to Equity
since 2005

Difficulty: Beginner

Calculation

International Business Machines Corp., debt to equity, long-term trends, calculation

Microsoft Excel LibreOffice Calc
Debt to Equity = Total debt1 ÷ Total IBM stockholders’ equity1
Dec 31, 2005 0.68 = 22,641  ÷ 33,098 
Dec 31, 2006 0.80 = 22,682  ÷ 28,506 
Dec 31, 2007 1.24 = 35,274  ÷ 28,470 
Dec 31, 2008 2.52 = 33,925  ÷ 13,465 
Dec 31, 2009 1.15 = 26,100  ÷ 22,637 
Dec 31, 2010 1.24 = 28,624  ÷ 23,046 
Dec 31, 2011 1.56 = 31,320  ÷ 20,138 
Dec 31, 2012 1.76 = 33,269  ÷ 18,860 
Dec 31, 2013 1.74 = 39,718  ÷ 22,792 
Dec 31, 2014 3.44 = 40,804  ÷ 11,868 
Dec 31, 2015 2.80 = 39,889  ÷ 14,262 
Dec 31, 2016 2.31 = 42,168  ÷ 18,246 
Dec 31, 2017 2.66 = 46,824  ÷ 17,594 
Dec 31, 2018 2.73 = 45,812  ÷ 16,796 

Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-23), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-28), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-02-25), 10-K (filing date: 2015-02-24), 10-K (filing date: 2016-02-23), 10-K (filing date: 2017-02-28), 10-K (filing date: 2018-02-27), 10-K (filing date: 2019-02-26).

1 USD $ in millions

Comparison to Competitors

International Business Machines Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel LibreOffice Calc
International Business Machines Corp. Adobe Inc. Alphabet Inc. Facebook Inc. Intuit Inc. Microsoft Corp. Oracle Corp. salesforce.com inc.
Dec 31, 2005 0.68 0.00 0.00 – 0.00 0.00 0.26 0.00
Dec 31, 2006 0.80 0.00 0.00 – 0.00 0.00 0.39 0.00
Dec 31, 2007 1.24 0.00 0.00 – 0.49 0.00 0.45 0.00
Dec 31, 2008 2.52 0.08 0.00 – 0.48 0.00 0.49 0.00
Dec 31, 2009 1.15 0.20 0.00 – 0.39 0.15 0.41 0.00
Dec 31, 2010 1.24 0.29 0.07 – 0.35 0.13 0.48 0.43
Dec 31, 2011 1.56 0.26 0.07 – 0.38 0.21 0.40 0.37
Dec 31, 2012 1.76 0.23 0.08 0.20 0.18 0.18 0.38 0.31
Dec 31, 2013 1.74 0.23 0.06 0.03 0.14 0.20 0.41 0.22
Dec 31, 2014 3.44 0.22 0.05 0.01 0.16 0.25 0.52 0.62
Dec 31, 2015 2.80 0.27 0.04 0.00 0.21 0.44 0.86 0.34
Dec 31, 2016 2.31 0.26 0.03 0.00 0.86 0.75 0.93 0.26
Dec 31, 2017 2.66 0.22 0.03 0.00 0.36 1.19 1.08 0.27
Dec 31, 2018 2.73 0.44 0.02 0.00 0.19 0.99 1.33 0.18

Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-23), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-28), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-02-25), 10-K (filing date: 2015-02-24), 10-K (filing date: 2016-02-23), 10-K (filing date: 2017-02-28), 10-K (filing date: 2018-02-27), 10-K (filing date: 2019-02-26).

Comparison to Software & Computer Services Sector

International Business Machines Corp., debt to equity, long-term trends, comparison to Software & Computer Services sector

Microsoft Excel LibreOffice Calc
International Business Machines Corp. Software & Computer Services
Dec 31, 2005 0.68 0.24
Dec 31, 2006 0.80 0.27
Dec 31, 2007 1.24 0.41
Dec 31, 2008 2.52 0.43
Dec 31, 2009 1.15 0.34
Dec 31, 2010 1.24 0.36
Dec 31, 2011 1.56 0.36
Dec 31, 2012 1.76 0.32
Dec 31, 2013 1.74 0.31
Dec 31, 2014 3.44 0.32
Dec 31, 2015 2.80 0.39
Dec 31, 2016 2.31 0.42
Dec 31, 2017 2.66 0.51
Dec 31, 2018 2.73 0.46

Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-23), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-28), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-02-25), 10-K (filing date: 2015-02-24), 10-K (filing date: 2016-02-23), 10-K (filing date: 2017-02-28), 10-K (filing date: 2018-02-27), 10-K (filing date: 2019-02-26).

Comparison to Technology Industry

International Business Machines Corp., debt to equity, long-term trends, comparison to Technology industry

Microsoft Excel LibreOffice Calc
International Business Machines Corp. Technology
Dec 31, 2005 0.68 0.14
Dec 31, 2006 0.80 0.17
Dec 31, 2007 1.24 0.23
Dec 31, 2008 2.52 0.26
Dec 31, 2009 1.15 0.23
Dec 31, 2010 1.24 0.25
Dec 31, 2011 1.56 0.29
Dec 31, 2012 1.76 0.26
Dec 31, 2013 1.74 0.27
Dec 31, 2014 3.44 0.32
Dec 31, 2015 2.80 0.45
Dec 31, 2016 2.31 0.49
Dec 31, 2017 2.66 0.60
Dec 31, 2018 2.73 0.59

Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-27), 10-K (filing date: 2008-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2010-02-23), 10-K (filing date: 2011-02-22), 10-K (filing date: 2012-02-28), 10-K (filing date: 2013-02-26), 10-K (filing date: 2014-02-25), 10-K (filing date: 2015-02-24), 10-K (filing date: 2016-02-23), 10-K (filing date: 2017-02-28), 10-K (filing date: 2018-02-27), 10-K (filing date: 2019-02-26).