InterDigital Balance Sheet Health
Financial Health criteria checks 5/6
InterDigital has a total shareholder equity of $581.5M and total debt of $607.8M, which brings its debt-to-equity ratio to 104.5%. Its total assets and total liabilities are $1.8B and $1.2B respectively. InterDigital's EBIT is $229.2M making its interest coverage ratio -126.5. It has cash and short-term investments of $1.0B.
Key information
104.5%
Debt to equity ratio
US$607.77m
Debt
Interest coverage ratio | -126.5x |
Cash | US$1.01b |
Equity | US$581.55m |
Total liabilities | US$1.19b |
Total assets | US$1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0U3Q's short term assets ($1.2B) exceed its short term liabilities ($881.1M).
Long Term Liabilities: 0U3Q's short term assets ($1.2B) exceed its long term liabilities ($308.1M).
Debt to Equity History and Analysis
Debt Level: 0U3Q has more cash than its total debt.
Reducing Debt: 0U3Q's debt to equity ratio has increased from 33.8% to 104.5% over the past 5 years.
Debt Coverage: 0U3Q's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 0U3Q earns more interest than it pays, so coverage of interest payments is not a concern.