Debt to Equity
since 2005
Calculation
Texas Instruments Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.66 | = | 11,223) | ÷ | 16,897) |
| Dec 31, 2022 | 0.60 | = | 8,735) | ÷ | 14,577) |
| Dec 31, 2021 | 0.58 | = | 7,741) | ÷ | 13,333) |
| Dec 31, 2020 | 0.74 | = | 6,798) | ÷ | 9,187) |
| Dec 31, 2019 | 0.65 | = | 5,803) | ÷ | 8,907) |
| Dec 31, 2018 | 0.56 | = | 5,068) | ÷ | 8,994) |
| Dec 31, 2017 | 0.39 | = | 4,077) | ÷ | 10,337) |
| Dec 31, 2016 | 0.34 | = | 3,609) | ÷ | 10,473) |
| Dec 31, 2015 | 0.41 | = | 4,120) | ÷ | 9,946) |
| Dec 31, 2014 | 0.45 | = | 4,642) | ÷ | 10,390) |
| Dec 31, 2013 | 0.48 | = | 5,158) | ÷ | 10,807) |
| Dec 31, 2012 | 0.52 | = | 5,686) | ÷ | 10,961) |
| Dec 31, 2011 | 0.51 | = | 5,592) | ÷ | 10,952) |
| Dec 31, 2010 | 0.00 | = | —) | ÷ | 10,437) |
| Dec 31, 2009 | 0.00 | = | —) | ÷ | 9,722) |
| Dec 31, 2008 | 0.00 | = | —) | ÷ | 9,326) |
| Dec 31, 2007 | 0.00 | = | —) | ÷ | 9,975) |
| Dec 31, 2006 | 0.00 | = | 43) | ÷ | 11,360) |
| Dec 31, 2005 | 0.06 | = | 661) | ÷ | 11,937) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Texas Instruments Inc., debt to equity, long-term trends, comparison to competitors
| Texas Instruments Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | First Solar Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 0.66 | 0.04 | 0.20 | 0.34 | 1.64 | 0.08 | 0.47 | 2.02 | 0.61 | 0.30 | 0.50 | 0.71 |
| Dec 31, 2022 | 0.60 | 0.05 | 0.18 | 0.45 | 1.74 | 0.03 | 0.41 | 4.75 | 0.80 | 0.14 | 0.41 | 0.86 |
| Dec 31, 2021 | 0.58 | 0.04 | 0.18 | 0.45 | 1.59 | 0.04 | 0.40 | 1.02 | 0.83 | 0.15 | 0.41 | 1.58 |
| Dec 31, 2020 | 0.74 | 0.06 | 0.43 | 0.52 | 1.72 | 0.05 | 0.45 | 1.30 | 1.12 | 0.17 | 0.16 | 2.59 |
| Dec 31, 2019 | 0.65 | 0.17 | 0.47 | 0.65 | 1.32 | 0.09 | 0.37 | 1.29 | 0.96 | 0.16 | 0.21 | 3.25 |
| Dec 31, 2018 | 0.56 | 0.99 | 0.58 | 0.78 | 0.66 | 0.09 | 0.35 | 1.38 | 0.37 | 0.14 | 0.27 | 17.64 |
| Dec 31, 2017 | 0.39 | 2.28 | 0.77 | 0.57 | 0.87 | 0.08 | 0.39 | 2.21 | 0.40 | 0.60 | 0.48 | 0.71 |
| Dec 31, 2016 | 0.34 | 3.45 | 0.34 | 0.46 | 0.72 | 0.04 | 0.38 | 4.44 | 0.74 | 0.82 | 0.32 | 0.37 |
| Dec 31, 2015 | 0.41 | — | 0.17 | 0.60 | 0.84 | 0.05 | 0.37 | 7.57 | 0.46 | 0.60 | 0.32 | 0.35 |
| Dec 31, 2014 | 0.45 | 11.83 | 0.18 | 0.25 | 1.70 | 0.04 | 0.25 | 0.20 | 0.27 | 0.61 | 0.31 | 0.00 |
| Dec 31, 2013 | 0.48 | 3.78 | 0.18 | 0.27 | 0.00 | 0.05 | 0.23 | 0.21 | 0.29 | 0.66 | 0.00 | 0.00 |
| Dec 31, 2012 | 0.52 | 3.80 | 0.20 | 0.27 | 0.00 | 0.16 | 0.26 | 0.23 | 0.25 | 0.42 | 0.01 | 0.00 |
| Dec 31, 2011 | 0.51 | 1.27 | 0.23 | 0.22 | 0.00 | 0.18 | 0.16 | 0.26 | 0.30 | 0.24 | 0.01 | 0.04 |
| Dec 31, 2010 | 0.00 | 2.39 | 0.13 | 0.03 | 0.15 | 0.07 | 0.04 | 0.33 | 0.01 | 0.29 | 0.01 | 0.05 |
| Dec 31, 2009 | 0.00 | 7.30 | 0.00 | 0.03 | 0.57 | 0.07 | 0.05 | 0.34 | 0.03 | 0.67 | 0.01 | 0.00 |
| Dec 31, 2008 | 0.00 | — | 0.00 | 0.03 | — | 0.13 | 0.05 | 0.25 | 0.17 | 0.44 | 0.00 | 0.00 |
| Dec 31, 2007 | 0.00 | 1.76 | 0.00 | 0.03 | — | 0.10 | 0.05 | 0.00 | 0.21 | 0.31 | 0.00 | 0.00 |
| Dec 31, 2006 | 0.00 | 0.66 | 0.00 | 0.06 | — | 0.20 | 0.06 | 0.00 | 0.25 | 0.07 | 0.00 | 0.00 |
| Dec 31, 2005 | 0.06 | 0.41 | 0.00 | 0.05 | — | — | 0.07 | 0.00 | 0.00 | 0.20 | 0.00 | 0.00 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Texas Instruments Inc., debt to equity, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Texas Instruments Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2023 | 0.66 | 0.46 |
| Dec 31, 2022 | 0.60 | 0.43 |
| Dec 31, 2021 | 0.58 | 0.49 |
| Dec 31, 2020 | 0.74 | 0.61 |
| Dec 31, 2019 | 0.65 | 0.56 |
| Dec 31, 2018 | 0.56 | 0.49 |
| Dec 31, 2017 | 0.39 | 0.56 |
| Dec 31, 2016 | 0.34 | 0.47 |
| Dec 31, 2015 | 0.41 | 0.43 |
| Dec 31, 2014 | 0.45 | 0.26 |
| Dec 31, 2013 | 0.48 | 0.22 |
| Dec 31, 2012 | 0.52 | 0.22 |
| Dec 31, 2011 | 0.51 | 0.19 |
| Dec 31, 2010 | 0.00 | 0.09 |
| Dec 31, 2009 | 0.00 | 0.12 |
| Dec 31, 2008 | 0.00 | 0.12 |
| Dec 31, 2007 | 0.00 | 0.11 |
| Dec 31, 2006 | 0.00 | 0.08 |
| Dec 31, 2005 | 0.06 | 0.07 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Texas Instruments Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Texas Instruments Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 0.66 | 0.62 |
| Dec 31, 2022 | 0.60 | 0.67 |
| Dec 31, 2021 | 0.58 | 0.76 |
| Dec 31, 2020 | 0.74 | 0.87 |
| Dec 31, 2019 | 0.65 | 0.87 |
| Dec 31, 2018 | 0.56 | 0.82 |
| Dec 31, 2017 | 0.39 | 0.81 |
| Dec 31, 2016 | 0.34 | 0.65 |
| Dec 31, 2015 | 0.41 | 0.56 |
| Dec 31, 2014 | 0.45 | 0.38 |
| Dec 31, 2013 | 0.48 | 0.29 |
| Dec 31, 2012 | 0.52 | 0.24 |
| Dec 31, 2011 | 0.51 | 0.27 |
| Dec 31, 2010 | 0.00 | 0.24 |
| Dec 31, 2009 | 0.00 | 0.25 |
| Dec 31, 2008 | 0.00 | 0.28 |
| Dec 31, 2007 | 0.00 | 0.26 |
| Dec 31, 2006 | 0.00 | 0.19 |
| Dec 31, 2005 | 0.06 | 0.15 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).