Advanced Micro Devices Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Micro Devices has a total shareholder equity of $56.2B 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 $11.7B respectively. Advanced Micro Devices's EBIT is $579.0M making its interest coverage ratio -5.8. It has cash and short-term investments of $6.0B.
Key information
4.4%
Debt to equity ratio
US$2.47b
Debt
Interest coverage ratio | -5.8x |
Cash | US$6.04b |
Equity | US$56.20b |
Total liabilities | US$11.70b |
Total assets | US$67.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QZD's short term assets ($17.1B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: 0QZD's short term assets ($17.1B) exceed its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: 0QZD has more cash than its total debt.
Reducing Debt: 0QZD's debt to equity ratio has reduced from 61.2% to 4.4% over the past 5 years.
Debt Coverage: 0QZD's debt is well covered by operating cash flow (69%).
Interest Coverage: 0QZD earns more interest than it pays, so coverage of interest payments is not a concern.