QUALCOMM Balance Sheet Health
Financial Health criteria checks 6/6
QUALCOMM has a total shareholder equity of $24.5B and total debt of $15.5B, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $53.2B and $28.7B respectively. QUALCOMM's EBIT is $9.0B making its interest coverage ratio 48.9. It has cash and short-term investments of $13.9B.
Key information
63.2%
Debt to equity ratio
US$15.46b
Debt
Interest coverage ratio | 48.9x |
Cash | US$13.85b |
Equity | US$24.47b |
Total liabilities | US$28.70b |
Total assets | US$53.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCOM34's short term assets ($24.2B) exceed its short term liabilities ($9.1B).
Long Term Liabilities: QCOM34's short term assets ($24.2B) exceed its long term liabilities ($19.6B).
Debt to Equity History and Analysis
Debt Level: QCOM34's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: QCOM34's debt to equity ratio has reduced from 414.5% to 63.2% over the past 5 years.
Debt Coverage: QCOM34's debt is well covered by operating cash flow (85.7%).
Interest Coverage: QCOM34's interest payments on its debt are well covered by EBIT (48.9x coverage).