QUALCOMM Balance Sheet Health
Financial Health criteria checks 6/6
QUALCOMM has a total shareholder equity of $26.3B and total debt of $14.6B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are $55.2B and $28.9B respectively. QUALCOMM's EBIT is $10.3B making its interest coverage ratio 466. It has cash and short-term investments of $13.3B.
Key information
55.7%
Debt to equity ratio
US$14.63b
Debt
| Interest coverage ratio | 466x |
| Cash | US$13.30b |
| Equity | US$26.27b |
| Total liabilities | US$28.88b |
| Total assets | US$55.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCOM's short term assets ($25.2B) exceed its short term liabilities ($10.5B).
Long Term Liabilities: QCOM's short term assets ($25.2B) exceed its long term liabilities ($18.4B).
Debt to Equity History and Analysis
Debt Level: QCOM's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: QCOM's debt to equity ratio has reduced from 324.6% to 55.7% over the past 5 years.
Debt Coverage: QCOM's debt is well covered by operating cash flow (83.4%).
Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (466x coverage).