InterDigital Balance Sheet Health
Financial Health criteria checks 5/6
InterDigital has a total shareholder equity of $624.3M and total debt of $607.4M, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are $1.8B and $1.2B respectively. InterDigital's EBIT is $213.6M making its interest coverage ratio -108.1. It has cash and short-term investments of $984.6M.
Key information
97.3%
Debt to equity ratio
US$607.40m
Debt
Interest coverage ratio | -108.1x |
Cash | US$984.64m |
Equity | US$624.29m |
Total liabilities | US$1.18b |
Total assets | US$1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDI's short term assets ($1.2B) exceed its short term liabilities ($903.8M).
Long Term Liabilities: IDI's short term assets ($1.2B) exceed its long term liabilities ($278.9M).
Debt to Equity History and Analysis
Debt Level: IDI has more cash than its total debt.
Reducing Debt: IDI's debt to equity ratio has increased from 39% to 97.3% over the past 5 years.
Debt Coverage: IDI's debt is well covered by operating cash flow (48.1%).
Interest Coverage: IDI earns more interest than it pays, so coverage of interest payments is not a concern.