Advanced Micro Devices Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Micro Devices has a total shareholder equity of $56.5B and total debt of $1.7B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are $67.9B and $11.3B respectively. Advanced Micro Devices's EBIT is $871.0M making its interest coverage ratio -8.5. It has cash and short-term investments of $5.3B.
Key information
3.0%
Debt to equity ratio
US$1.72b
Debt
| Interest coverage ratio | -8.5x |
| Cash | US$5.34b |
| Equity | US$56.54b |
| Total liabilities | US$11.35b |
| Total assets | US$67.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMD's short term assets ($17.5B) exceed its short term liabilities ($6.2B).
Long Term Liabilities: AMD's short term assets ($17.5B) exceed its long term liabilities ($5.2B).
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 54.2% to 3% over the past 5 years.
Debt Coverage: AMD's debt is well covered by operating cash flow (111.5%).
Interest Coverage: AMD earns more interest than it pays, so coverage of interest payments is not a concern.