Advanced Micro Devices Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Micro Devices has a total shareholder equity of $55.9B and total debt of $2.5B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are $67.9B and $12.0B respectively. Advanced Micro Devices's EBIT is $401.0M making its interest coverage ratio -4. It has cash and short-term investments of $5.8B.
Key information
4.4%
Debt to equity ratio
US$2.47b
Debt
Interest coverage ratio | -4x |
Cash | US$5.77b |
Equity | US$55.89b |
Total liabilities | US$11.99b |
Total assets | US$67.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMD's short term assets ($16.8B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: AMD's short term assets ($16.8B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: AMD has more cash than its total debt.
Reducing Debt: AMD's debt to equity ratio has reduced from 79.9% to 4.4% over the past 5 years.
Debt Coverage: AMD's debt is well covered by operating cash flow (67.5%).
Interest Coverage: AMD earns more interest than it pays, so coverage of interest payments is not a concern.