• Intel average debt/equity ratio for 2023 was 0.45, a 32.35% decline from 2022.
• Intel average debt/equity ratio for 2022 was 0.34, a 12.82% increase from 2021.
• Intel average debt/equity ratio for 2021 was 0.39, a 15.22% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.