INTC · CIK 0000050863 · FY2025 live · 2025-12-31
INTEL CORP
View as
Model
Classic Z
FY2025
1.43
Zone
Distress
vs FY2024
+0.32
Market DD
—
1y PD
—
1.43
Z″ 2.92
Score 1.43 · distress below 1.80, grey to 2.99, safe at 3.00 and above.
Classic Z factor contributions
X1 Working capital / assets
Short-term liquidity versus the size of the balance sheet.
0.151.2 × = 0.18X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.231.4 × = 0.32X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
−0.013.3 × = −0.03X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
1.180.6 × = 0.71X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.251 × = 0.25
Five-year path
Z plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.
Overview
rule-v1
INTEL CORP is on classic Z at 1.43 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print. Versus FY2024 the live print is still distress (+0.32 from 1.11). No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.
Book screen Distress; market PD —. Tape not priced — not a single default call.
MD&A excerpt
Management discusses a foundry ramp that is still loss-making at current utilization, with IDM 2.0 capex remaining elevated relative to operating cash flow. The MD&A notes process-node delays versus TSMC, a dividend cut already taken, and a plan to fund the factory program with a mix of grants, customer prepayments, and remaining cash. Gross-margin recovery is gated on node yields and external foundry customer wins.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Classic Z scores · 44th percentile in Technology.
KPI widgets
Current assets
$63.7B
Total assets
$211.4B
Current liabilities
$31.6B
Total liabilities
$97.1B
Working capital
$32.1B
Retained earnings
$49.0B
EBIT
−$2.2B
Total sales
$52.9B
Book equity
$114.3B
Accession 0000050863-26-000011. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.