QUALCOMM Balance Sheet Health
Financial Health criteria checks 6/6
QUALCOMM has a total shareholder equity of $23.1B and total debt of $15.5B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $52.1B and $29.1B respectively. QUALCOMM's EBIT is $9.0B making its interest coverage ratio 30.5. It has cash and short-term investments of $12.1B.
Key information
67.1%
Debt to equity ratio
US$15.48b
Debt
Interest coverage ratio | 30.5x |
Cash | US$12.05b |
Equity | US$23.06b |
Total liabilities | US$29.08b |
Total assets | US$52.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCOM's short term assets ($23.4B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: QCOM's short term assets ($23.4B) exceed its long term liabilities ($19.9B).
Debt to Equity History and Analysis
Debt Level: QCOM's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: QCOM's debt to equity ratio has reduced from 464.8% to 67.1% over the past 5 years.
Debt Coverage: QCOM's debt is well covered by operating cash flow (72%).
Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (30.5x coverage).