Advanced Micro Devices Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Micro Devices has a total shareholder equity of $57.0B and total debt of $1.7B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are $69.6B and $12.7B respectively. Advanced Micro Devices's EBIT is $1.4B making its interest coverage ratio -12.9. It has cash and short-term investments of $4.5B.
Key information
3.0%
Debt to equity ratio
US$1.72b
Debt
| Interest coverage ratio | -12.9x |
| Cash | US$4.54b |
| Equity | US$56.99b |
| Total liabilities | US$12.65b |
| Total assets | US$69.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMD's short term assets ($18.7B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: AMD's short term assets ($18.7B) 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 40.1% to 3% over the past 5 years.
Debt Coverage: AMD's debt is well covered by operating cash flow (123.4%).
Interest Coverage: AMD earns more interest than it pays, so coverage of interest payments is not a concern.