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Texas Instruments (Texas Instruments) Debt-to-Equity

: 0.66 (As of Dec. 2023)
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Texas Instruments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $599 Mil. Texas Instruments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10,624 Mil. Texas Instruments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,897 Mil. Texas Instruments's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Texas Instruments's Debt-to-Equity or its related term are showing as below:

TXN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.58   Max: 0.77
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Texas Instruments was 0.77. The lowest was 0.35. And the median was 0.58.

TXN's Debt-to-Equity is ranked worse than
78.08% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs TXN: 0.66

Texas Instruments Debt-to-Equity Historical Data

The historical data trend for Texas Instruments's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Instruments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.77 0.61 0.60 0.66

Texas Instruments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.66 0.70 0.68 0.66

Competitive Comparison

For the Semiconductors subindustry, Texas Instruments's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Instruments Debt-to-Equity Distribution

For the Semiconductors industry and Technology sector, Texas Instruments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Texas Instruments's Debt-to-Equity falls into.



Texas Instruments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Texas Instruments's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Texas Instruments's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Instruments  (NAS:TXN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Texas Instruments Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Texas Instruments's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Instruments (Texas Instruments) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Executives
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Carrie Smith Cox director SCHERING-PLOUGH CORPORATION, 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803
Curtis C Farmer director 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Ahmad Bahai officer: Sr. Vice President 2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Janet F Clark director
Mark T. Roberts officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Kyle M Flessner officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez director 11690 N.W. 105TH STREET, MIAMI FL 33178
Hagop H Kozanian officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Amichai Ron officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Richard K Templeton director, officer: President & CEO 12500 TI BOULEVARD, DALLAS TX 75243