QUALCOMM Balance Sheet Health
Financial Health criteria checks 6/6
QUALCOMM has a total shareholder equity of $24.7B and total debt of $14.6B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are $52.7B and $28.1B respectively. QUALCOMM's EBIT is $9.8B making its interest coverage ratio 123. It has cash and short-term investments of $13.0B.
Key information
59.0%
Debt to equity ratio
US$14.55b
Debt
| Interest coverage ratio | 123x |
| Cash | US$13.03b |
| Equity | US$24.67b |
| Total liabilities | US$28.07b |
| Total assets | US$52.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QZ3's short term assets ($23.3B) exceed its short term liabilities ($9.7B).
Long Term Liabilities: 0QZ3's short term assets ($23.3B) exceed its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: 0QZ3's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 0QZ3's debt to equity ratio has reduced from 298.6% to 59% over the past 5 years.
Debt Coverage: 0QZ3's debt is well covered by operating cash flow (93.8%).
Interest Coverage: 0QZ3's interest payments on its debt are well covered by EBIT (123x coverage).