Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Qualcomm Inc. debt to equity ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Qualcomm Inc. debt to capital ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Qualcomm Inc. debt to assets ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Qualcomm Inc. financial leverage ratio decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Solvency ratio | Description | The company |
---|---|---|
Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Qualcomm Inc. interest coverage ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to Equity
Sep 29, 2024 | Jun 23, 2024 | Mar 24, 2024 | Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Short-term debt | 1,364) | 1,364) | 914) | 914) | 914) | 914) | 499) | 1,446) | 1,945) | 1,945) | 3,485) | 2,042) | 2,044) | 2,045) | 500) | 500) | 500) | 500) | 2,499) | 2,498) | 2,496) | 3,000) | 998) | 998) | |||||||
Long-term debt | 13,270) | 13,190) | 14,543) | 14,566) | 14,484) | 14,530) | 15,486) | 15,431) | 13,537) | 13,600) | 12,195) | 13,708) | 13,701) | 13,695) | 15,235) | 15,231) | 15,226) | 15,425) | 13,449) | 13,437) | 13,437) | 13,426) | 15,405) | 15,388) | |||||||
Total debt | 14,634) | 14,554) | 15,457) | 15,480) | 15,398) | 15,444) | 15,985) | 16,877) | 15,482) | 15,545) | 15,680) | 15,750) | 15,745) | 15,740) | 15,735) | 15,731) | 15,726) | 15,925) | 15,948) | 15,935) | 15,933) | 16,426) | 16,403) | 16,386) | |||||||
Stockholders’ equity | 26,274) | 24,670) | 24,469) | 23,058) | 21,581) | 20,670) | 19,698) | 18,810) | 18,013) | 16,048) | 13,328) | 11,333) | 9,950) | 8,177) | 7,424) | 7,380) | 6,077) | 3,306) | 3,045) | 4,513) | 4,909) | 5,463) | 3,866) | 3,617) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to equity1 | 0.56 | 0.59 | 0.63 | 0.67 | 0.71 | 0.75 | 0.81 | 0.90 | 0.86 | 0.97 | 1.18 | 1.39 | 1.58 | 1.92 | 2.12 | 2.13 | 2.59 | 4.82 | 5.24 | 3.53 | 3.25 | 3.01 | 4.24 | 4.53 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.06 | 0.10 | 0.21 | 0.16 | 0.17 | 0.40 | 0.54 | 0.61 | |||||||
Analog Devices Inc. | 0.22 | 0.23 | 0.23 | 0.20 | 0.20 | 0.19 | 0.19 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.18 | 0.42 | 0.42 | 0.43 | 0.43 | 0.47 | 0.48 | 0.47 | 0.47 | 0.48 | 0.51 | 0.54 | |||||||
Applied Materials Inc. | 0.33 | 0.33 | 0.31 | 0.32 | 0.34 | 0.37 | 0.40 | 0.42 | 0.45 | 0.45 | 0.47 | 0.46 | 0.45 | 0.45 | 0.45 | 0.47 | 0.52 | 0.57 | 0.76 | 0.61 | 0.65 | 0.65 | 0.65 | 0.65 | |||||||
Broadcom Inc. | 1.00 | 1.07 | 1.06 | 1.08 | 1.64 | 1.78 | 1.79 | 1.69 | 1.74 | 1.89 | 1.88 | 1.72 | 1.59 | 1.66 | 1.69 | 1.75 | 1.72 | 1.87 | 1.92 | 1.84 | 1.32 | 1.75 | 1.69 | 1.62 | |||||||
First Solar Inc. | — | 0.08 | 0.08 | 0.09 | 0.08 | 0.08 | 0.07 | 0.05 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.11 | |||||||
Intel Corp. | — | 0.50 | 0.46 | 0.49 | 0.47 | 0.48 | 0.49 | 0.51 | 0.41 | 0.40 | 0.35 | 0.36 | 0.40 | 0.45 | 0.42 | 0.45 | 0.45 | 0.49 | 0.47 | 0.52 | 0.37 | 0.39 | 0.38 | 0.39 | |||||||
KLA Corp. | 1.97 | 2.14 | 1.94 | 1.97 | 2.02 | 2.20 | 2.35 | 3.00 | 4.75 | 0.91 | 0.85 | 0.89 | 1.02 | 1.11 | 1.18 | 1.25 | 1.30 | 1.49 | 1.27 | 1.29 | 1.29 | 1.20 | 1.40 | 1.43 | |||||||
Lam Research Corp. | 0.58 | 0.62 | 0.61 | 0.62 | 0.61 | 0.60 | 0.60 | 0.67 | 0.80 | 0.83 | 0.77 | 0.86 | 0.83 | 1.08 | 1.06 | 1.08 | 1.12 | 1.12 | 1.01 | 0.90 | 0.96 | 0.90 | 0.35 | 0.44 | |||||||
Micron Technology Inc. | 0.30 | 0.30 | 0.31 | 0.31 | 0.30 | 0.29 | 0.26 | 0.21 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.15 | 0.15 | 0.16 | 0.14 | 0.18 | 0.12 | |||||||
Monolithic Power Systems Inc. | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
NVIDIA Corp. | 0.23 | 0.29 | 0.35 | 0.45 | 0.50 | 0.51 | 0.46 | 0.42 | 0.41 | 0.46 | 0.56 | 0.37 | 0.41 | 0.45 | 0.50 | 0.53 | 0.16 | 0.18 | 0.19 | 0.20 | 0.21 | 0.21 | 0.23 | 0.26 | |||||||
Texas Instruments Inc. | — | 0.80 | 0.81 | 0.84 | 0.66 | 0.67 | 0.70 | 0.66 | 0.60 | 0.55 | 0.51 | 0.55 | 0.58 | 0.64 | 0.56 | 0.61 | 0.74 | 0.82 | 0.89 | 0.85 | 0.65 | 0.65 | 0.68 | 0.68 |
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
1 Q4 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 14,634 ÷ 26,274 = 0.56
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Qualcomm Inc. debt to equity ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to Capital
Sep 29, 2024 | Jun 23, 2024 | Mar 24, 2024 | Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Short-term debt | 1,364) | 1,364) | 914) | 914) | 914) | 914) | 499) | 1,446) | 1,945) | 1,945) | 3,485) | 2,042) | 2,044) | 2,045) | 500) | 500) | 500) | 500) | 2,499) | 2,498) | 2,496) | 3,000) | 998) | 998) | |||||||
Long-term debt | 13,270) | 13,190) | 14,543) | 14,566) | 14,484) | 14,530) | 15,486) | 15,431) | 13,537) | 13,600) | 12,195) | 13,708) | 13,701) | 13,695) | 15,235) | 15,231) | 15,226) | 15,425) | 13,449) | 13,437) | 13,437) | 13,426) | 15,405) | 15,388) | |||||||
Total debt | 14,634) | 14,554) | 15,457) | 15,480) | 15,398) | 15,444) | 15,985) | 16,877) | 15,482) | 15,545) | 15,680) | 15,750) | 15,745) | 15,740) | 15,735) | 15,731) | 15,726) | 15,925) | 15,948) | 15,935) | 15,933) | 16,426) | 16,403) | 16,386) | |||||||
Stockholders’ equity | 26,274) | 24,670) | 24,469) | 23,058) | 21,581) | 20,670) | 19,698) | 18,810) | 18,013) | 16,048) | 13,328) | 11,333) | 9,950) | 8,177) | 7,424) | 7,380) | 6,077) | 3,306) | 3,045) | 4,513) | 4,909) | 5,463) | 3,866) | 3,617) | |||||||
Total capital | 40,908) | 39,224) | 39,926) | 38,538) | 36,979) | 36,114) | 35,683) | 35,687) | 33,495) | 31,593) | 29,008) | 27,083) | 25,695) | 23,917) | 23,159) | 23,111) | 21,803) | 19,231) | 18,993) | 20,448) | 20,842) | 21,889) | 20,269) | 20,003) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to capital1 | 0.36 | 0.37 | 0.39 | 0.40 | 0.42 | 0.43 | 0.45 | 0.47 | 0.46 | 0.49 | 0.54 | 0.58 | 0.61 | 0.66 | 0.68 | 0.68 | 0.72 | 0.83 | 0.84 | 0.78 | 0.76 | 0.75 | 0.81 | 0.82 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.09 | 0.17 | 0.14 | 0.15 | 0.29 | 0.35 | 0.38 | |||||||
Analog Devices Inc. | 0.18 | 0.19 | 0.19 | 0.16 | 0.16 | 0.16 | 0.16 | 0.15 | 0.15 | 0.15 | 0.14 | 0.14 | 0.15 | 0.30 | 0.30 | 0.30 | 0.30 | 0.32 | 0.33 | 0.32 | 0.32 | 0.33 | 0.34 | 0.35 | |||||||
Applied Materials Inc. | 0.25 | 0.25 | 0.23 | 0.24 | 0.25 | 0.27 | 0.29 | 0.30 | 0.31 | 0.31 | 0.32 | 0.31 | 0.31 | 0.31 | 0.31 | 0.32 | 0.34 | 0.36 | 0.43 | 0.38 | 0.39 | 0.40 | 0.39 | 0.39 | |||||||
Broadcom Inc. | 0.50 | 0.52 | 0.51 | 0.52 | 0.62 | 0.64 | 0.64 | 0.63 | 0.64 | 0.65 | 0.65 | 0.63 | 0.61 | 0.62 | 0.63 | 0.64 | 0.63 | 0.65 | 0.66 | 0.65 | 0.57 | 0.64 | 0.63 | 0.62 | |||||||
First Solar Inc. | — | 0.07 | 0.07 | 0.08 | 0.08 | 0.07 | 0.07 | 0.05 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.10 | |||||||
Intel Corp. | — | 0.34 | 0.32 | 0.33 | 0.32 | 0.32 | 0.33 | 0.34 | 0.29 | 0.28 | 0.26 | 0.27 | 0.29 | 0.31 | 0.29 | 0.31 | 0.31 | 0.33 | 0.32 | 0.34 | 0.27 | 0.28 | 0.28 | 0.28 | |||||||
KLA Corp. | 0.66 | 0.68 | 0.66 | 0.66 | 0.67 | 0.69 | 0.70 | 0.75 | 0.83 | 0.48 | 0.46 | 0.47 | 0.50 | 0.52 | 0.54 | 0.55 | 0.57 | 0.60 | 0.56 | 0.56 | 0.56 | 0.55 | 0.58 | 0.59 | |||||||
Lam Research Corp. | 0.37 | 0.38 | 0.38 | 0.38 | 0.38 | 0.37 | 0.38 | 0.40 | 0.44 | 0.45 | 0.44 | 0.46 | 0.45 | 0.52 | 0.51 | 0.52 | 0.53 | 0.53 | 0.50 | 0.47 | 0.49 | 0.47 | 0.26 | 0.31 | |||||||
Micron Technology Inc. | 0.23 | 0.23 | 0.24 | 0.24 | 0.23 | 0.23 | 0.21 | 0.17 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.13 | 0.13 | 0.14 | 0.12 | 0.15 | 0.11 | |||||||
Monolithic Power Systems Inc. | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
NVIDIA Corp. | 0.18 | 0.23 | 0.26 | 0.31 | 0.33 | 0.34 | 0.31 | 0.29 | 0.29 | 0.32 | 0.36 | 0.27 | 0.29 | 0.31 | 0.33 | 0.35 | 0.14 | 0.15 | 0.16 | 0.17 | 0.18 | 0.17 | 0.19 | 0.21 | |||||||
Texas Instruments Inc. | — | 0.45 | 0.45 | 0.46 | 0.40 | 0.40 | 0.41 | 0.40 | 0.37 | 0.35 | 0.34 | 0.36 | 0.37 | 0.39 | 0.36 | 0.38 | 0.43 | 0.45 | 0.47 | 0.46 | 0.39 | 0.39 | 0.41 | 0.41 |
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
1 Q4 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 14,634 ÷ 40,908 = 0.36
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Qualcomm Inc. debt to capital ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to Assets
Sep 29, 2024 | Jun 23, 2024 | Mar 24, 2024 | Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Short-term debt | 1,364) | 1,364) | 914) | 914) | 914) | 914) | 499) | 1,446) | 1,945) | 1,945) | 3,485) | 2,042) | 2,044) | 2,045) | 500) | 500) | 500) | 500) | 2,499) | 2,498) | 2,496) | 3,000) | 998) | 998) | |||||||
Long-term debt | 13,270) | 13,190) | 14,543) | 14,566) | 14,484) | 14,530) | 15,486) | 15,431) | 13,537) | 13,600) | 12,195) | 13,708) | 13,701) | 13,695) | 15,235) | 15,231) | 15,226) | 15,425) | 13,449) | 13,437) | 13,437) | 13,426) | 15,405) | 15,388) | |||||||
Total debt | 14,634) | 14,554) | 15,457) | 15,480) | 15,398) | 15,444) | 15,985) | 16,877) | 15,482) | 15,545) | 15,680) | 15,750) | 15,745) | 15,740) | 15,735) | 15,731) | 15,726) | 15,925) | 15,948) | 15,935) | 15,933) | 16,426) | 16,403) | 16,386) | |||||||
Total assets | 55,154) | 52,741) | 53,167) | 52,135) | 51,040) | 49,002) | 48,362) | 50,014) | 49,014) | 47,020) | 44,302) | 42,820) | 41,240) | 38,769) | 37,168) | 37,479) | 35,594) | 32,328) | 31,938) | 33,111) | 32,957) | 34,133) | 34,023) | 34,246) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to assets1 | 0.27 | 0.28 | 0.29 | 0.30 | 0.30 | 0.32 | 0.33 | 0.34 | 0.32 | 0.33 | 0.35 | 0.37 | 0.38 | 0.41 | 0.42 | 0.42 | 0.44 | 0.49 | 0.50 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | 0.02 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.10 | 0.08 | 0.08 | 0.17 | 0.20 | 0.22 | |||||||
Analog Devices Inc. | 0.16 | 0.17 | 0.16 | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.13 | 0.24 | 0.24 | 0.24 | 0.24 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.27 | 0.29 | |||||||
Applied Materials Inc. | 0.18 | 0.19 | 0.17 | 0.18 | 0.18 | 0.19 | 0.19 | 0.20 | 0.20 | 0.21 | 0.21 | 0.21 | 0.21 | 0.22 | 0.23 | 0.23 | 0.24 | 0.26 | 0.31 | 0.27 | 0.28 | 0.28 | 0.28 | 0.28 | |||||||
Broadcom Inc. | 0.41 | 0.42 | 0.42 | 0.43 | 0.54 | 0.55 | 0.55 | 0.54 | 0.54 | 0.55 | 0.55 | 0.54 | 0.53 | 0.53 | 0.54 | 0.54 | 0.54 | 0.56 | 0.56 | 0.55 | 0.49 | 0.54 | 0.53 | 0.52 | |||||||
First Solar Inc. | — | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.02 | 0.03 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.07 | 0.07 | 0.06 | 0.07 | 0.07 | 0.08 | |||||||
Intel Corp. | — | 0.26 | 0.26 | 0.27 | 0.26 | 0.26 | 0.26 | 0.27 | 0.23 | 0.23 | 0.21 | 0.21 | 0.23 | 0.24 | 0.23 | 0.24 | 0.24 | 0.25 | 0.25 | 0.27 | 0.21 | 0.22 | 0.22 | 0.22 | |||||||
KLA Corp. | 0.43 | 0.44 | 0.41 | 0.42 | 0.42 | 0.43 | 0.45 | 0.48 | 0.53 | 0.31 | 0.29 | 0.31 | 0.34 | 0.35 | 0.35 | 0.37 | 0.37 | 0.39 | 0.37 | 0.37 | 0.38 | 0.37 | 0.40 | 0.40 | |||||||
Lam Research Corp. | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.26 | 0.26 | 0.27 | 0.29 | 0.30 | 0.30 | 0.32 | 0.31 | 0.38 | 0.38 | 0.39 | 0.40 | 0.39 | 0.37 | 0.36 | 0.37 | 0.37 | 0.19 | 0.21 | |||||||
Micron Technology Inc. | 0.19 | 0.20 | 0.21 | 0.21 | 0.21 | 0.20 | 0.18 | 0.15 | 0.10 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.11 | 0.11 | 0.12 | 0.11 | 0.13 | 0.09 | |||||||
Monolithic Power Systems Inc. | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
NVIDIA Corp. | 0.15 | 0.18 | 0.20 | 0.25 | 0.27 | 0.27 | 0.25 | 0.24 | 0.25 | 0.27 | 0.31 | 0.23 | 0.24 | 0.26 | 0.28 | 0.30 | 0.11 | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 | 0.16 | 0.17 | |||||||
Texas Instruments Inc. | — | 0.39 | 0.40 | 0.41 | 0.35 | 0.35 | 0.36 | 0.35 | 0.32 | 0.30 | 0.29 | 0.31 | 0.31 | 0.33 | 0.30 | 0.32 | 0.35 | 0.37 | 0.39 | 0.38 | 0.32 | 0.32 | 0.33 | 0.33 |
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
1 Q4 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 14,634 ÷ 55,154 = 0.27
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Qualcomm Inc. debt to assets ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Financial Leverage
Sep 29, 2024 | Jun 23, 2024 | Mar 24, 2024 | Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Total assets | 55,154) | 52,741) | 53,167) | 52,135) | 51,040) | 49,002) | 48,362) | 50,014) | 49,014) | 47,020) | 44,302) | 42,820) | 41,240) | 38,769) | 37,168) | 37,479) | 35,594) | 32,328) | 31,938) | 33,111) | 32,957) | 34,133) | 34,023) | 34,246) | |||||||
Stockholders’ equity | 26,274) | 24,670) | 24,469) | 23,058) | 21,581) | 20,670) | 19,698) | 18,810) | 18,013) | 16,048) | 13,328) | 11,333) | 9,950) | 8,177) | 7,424) | 7,380) | 6,077) | 3,306) | 3,045) | 4,513) | 4,909) | 5,463) | 3,866) | 3,617) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Financial leverage1 | 2.10 | 2.14 | 2.17 | 2.26 | 2.37 | 2.37 | 2.46 | 2.66 | 2.72 | 2.93 | 3.32 | 3.78 | 4.14 | 4.74 | 5.01 | 5.08 | 5.86 | 9.78 | 10.49 | 7.34 | 6.71 | 6.25 | 8.80 | 9.47 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | 1.22 | 1.20 | 1.21 | 1.21 | 1.23 | 1.23 | 1.24 | 1.23 | 1.24 | 1.22 | 1.21 | 1.66 | 1.56 | 1.51 | 1.55 | 1.54 | 1.82 | 1.99 | 1.93 | 2.13 | 2.41 | 2.68 | 2.76 | |||||||
Analog Devices Inc. | 1.37 | 1.38 | 1.39 | 1.36 | 1.37 | 1.37 | 1.38 | 1.38 | 1.38 | 1.37 | 1.37 | 1.37 | 1.38 | 1.76 | 1.77 | 1.77 | 1.79 | 1.83 | 1.84 | 1.83 | 1.83 | 1.83 | 1.85 | 1.88 | |||||||
Applied Materials Inc. | 1.81 | 1.79 | 1.76 | 1.81 | 1.88 | 2.01 | 2.06 | 2.08 | 2.19 | 2.17 | 2.20 | 2.14 | 2.11 | 2.03 | 2.01 | 2.03 | 2.11 | 2.21 | 2.42 | 2.28 | 2.32 | 2.32 | 2.29 | 2.31 | |||||||
Broadcom Inc. | 2.45 | 2.56 | 2.50 | 2.53 | 3.04 | 3.24 | 3.26 | 3.13 | 3.23 | 3.42 | 3.42 | 3.19 | 3.03 | 3.12 | 3.15 | 3.21 | 3.18 | 3.37 | 3.41 | 3.32 | 2.71 | 3.24 | 3.20 | 3.10 | |||||||
First Solar Inc. | — | 1.51 | 1.52 | 1.56 | 1.55 | 1.52 | 1.49 | 1.46 | 1.41 | 1.29 | 1.26 | 1.26 | 1.24 | 1.25 | 1.25 | 1.25 | 1.29 | 1.29 | 1.35 | 1.34 | 1.47 | 1.36 | 1.39 | 1.41 | |||||||
Intel Corp. | — | 1.94 | 1.79 | 1.82 | 1.81 | 1.85 | 1.84 | 1.89 | 1.80 | 1.75 | 1.68 | 1.71 | 1.77 | 1.86 | 1.81 | 1.89 | 1.89 | 1.95 | 1.86 | 1.93 | 1.76 | 1.80 | 1.74 | 1.76 | |||||||
KLA Corp. | 4.58 | 4.83 | 4.69 | 4.73 | 4.82 | 5.10 | 5.27 | 6.24 | 8.99 | 2.95 | 2.89 | 2.89 | 3.04 | 3.19 | 3.34 | 3.39 | 3.48 | 3.83 | 3.46 | 3.47 | 3.39 | 3.22 | 3.51 | 3.60 | |||||||
Lam Research Corp. | 2.20 | 2.28 | 2.28 | 2.30 | 2.29 | 2.29 | 2.31 | 2.53 | 2.74 | 2.75 | 2.58 | 2.67 | 2.64 | 2.85 | 2.79 | 2.78 | 2.81 | 2.85 | 2.72 | 2.50 | 2.57 | 2.44 | 1.86 | 2.06 | |||||||
Micron Technology Inc. | 1.54 | 1.50 | 1.50 | 1.49 | 1.46 | 1.45 | 1.41 | 1.38 | 1.33 | 1.32 | 1.33 | 1.33 | 1.34 | 1.32 | 1.33 | 1.35 | 1.38 | 1.38 | 1.34 | 1.36 | 1.36 | 1.31 | 1.37 | 1.32 | |||||||
Monolithic Power Systems Inc. | — | 1.21 | 1.21 | 1.22 | 1.19 | 1.20 | 1.21 | 1.25 | 1.23 | 1.26 | 1.25 | 1.29 | 1.27 | 1.29 | 1.26 | 1.28 | 1.25 | 1.27 | 1.26 | 1.24 | 1.24 | 1.25 | 1.23 | 1.25 | |||||||
NVIDIA Corp. | 1.53 | 1.63 | 1.80 | 1.81 | 1.86 | 1.90 | 1.82 | 1.72 | 1.66 | 1.71 | 1.83 | 1.64 | 1.70 | 1.75 | 1.81 | 1.78 | 1.42 | 1.41 | 1.43 | 1.44 | 1.42 | 1.44 | 1.46 | 1.49 | |||||||
Texas Instruments Inc. | — | 2.05 | 2.04 | 2.05 | 1.91 | 1.90 | 1.94 | 1.92 | 1.87 | 1.80 | 1.75 | 1.80 | 1.85 | 1.92 | 1.85 | 1.93 | 2.11 | 2.19 | 2.28 | 2.23 | 2.02 | 2.00 | 2.05 | 2.05 |
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
1 Q4 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 55,154 ÷ 26,274 = 2.10
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Qualcomm Inc. financial leverage ratio decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Interest Coverage
Sep 29, 2024 | Jun 23, 2024 | Mar 24, 2024 | Dec 24, 2023 | Sep 24, 2023 | Jun 25, 2023 | Mar 26, 2023 | Dec 25, 2022 | Sep 25, 2022 | Jun 26, 2022 | Mar 27, 2022 | Dec 26, 2021 | Sep 26, 2021 | Jun 27, 2021 | Mar 28, 2021 | Dec 27, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | Dec 29, 2019 | Sep 29, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Net income | 2,920) | 2,129) | 2,326) | 2,767) | 1,490) | 1,803) | 1,704) | 2,235) | 2,873) | 3,730) | 2,934) | 3,399) | 2,799) | 2,027) | 1,762) | 2,455) | 2,960) | 845) | 468) | 925) | 506) | 2,149) | 663) | 1,068) | |||||||
Less: Discontinued operations, net of income taxes | 4) | 21) | 51) | (44) | (139) | 68) | 2) | (38) | (50) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Add: Income tax expense | (319) | 171) | 223) | 151) | (209) | 22) | 193) | 98) | 548) | 509) | 489) | 466) | 485) | 230) | 367) | 149) | 346) | 23) | 130) | 22) | 109) | 3,352) | 143) | (509) | |||||||
Add: Interest expense | 179) | 168) | 172) | 178) | 173) | 172) | 179) | 170) | 144) | 70) | 137) | 139) | 139) | 138) | 141) | 141) | 165) | 143) | 146) | 148) | 149) | 160) | 162) | 156) | |||||||
Earnings before interest and tax (EBIT) | 2,776) | 2,447) | 2,670) | 3,140) | 1,593) | 1,929) | 2,074) | 2,541) | 3,615) | 4,309) | 3,560) | 4,004) | 3,423) | 2,395) | 2,270) | 2,745) | 3,471) | 1,011) | 744) | 1,095) | 764) | 5,661) | 968) | 715) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Interest coverage1 | 15.83 | 14.25 | 13.43 | 12.44 | 11.72 | 15.28 | 22.27 | 26.92 | 31.61 | 31.54 | 24.20 | 21.71 | 19.38 | 18.60 | 16.10 | 13.40 | 10.50 | 6.17 | 13.70 | 13.71 | 12.93 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Interest Coverage, Competitors2 | |||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | 15.91 | 10.78 | 7.65 | 5.79 | 1.05 | -2.15 | 2.73 | 14.61 | 33.91 | 69.08 | 104.42 | 109.09 | 87.31 | 63.00 | 41.84 | 28.23 | 17.71 | 10.58 | 7.71 | 4.96 | — | — | — | |||||||
Analog Devices Inc. | 6.52 | 6.89 | 8.74 | 11.83 | 14.63 | 17.96 | 19.23 | 19.42 | 16.46 | 10.14 | 9.06 | 7.26 | 8.19 | 11.64 | 10.46 | 9.14 | 7.79 | 7.05 | 6.72 | 6.99 | 7.49 | — | — | — | |||||||
Applied Materials Inc. | 34.00 | 36.27 | 36.06 | 34.86 | 33.42 | 32.62 | 33.39 | 34.20 | 34.33 | 34.58 | 34.95 | 33.14 | 29.69 | 26.24 | 21.94 | 19.19 | 18.36 | 16.68 | 15.79 | 15.35 | 14.79 | — | — | — | |||||||
Broadcom Inc. | 3.51 | 3.94 | 4.91 | 6.88 | 10.31 | 10.09 | 9.94 | 8.83 | 8.16 | 7.22 | 6.28 | 5.69 | 4.59 | 4.06 | 3.40 | 2.82 | 2.37 | 2.19 | 2.24 | 2.50 | 2.54 | — | — | — | |||||||
First Solar Inc. | — | 39.14 | 44.65 | 52.86 | 69.75 | 57.26 | 19.81 | 11.59 | 1.70 | 16.69 | 26.03 | 20.52 | 44.65 | 34.42 | 28.83 | 27.96 | 13.11 | 7.29 | 1.22 | -1.10 | -3.45 | — | — | — | |||||||
KLA Corp. | 11.25 | 11.00 | 11.51 | 13.03 | 13.76 | 15.81 | 18.22 | 20.31 | 22.76 | 21.81 | 20.60 | 17.91 | 16.00 | 14.05 | 10.71 | 9.97 | 9.22 | 8.12 | 9.19 | 9.95 | 11.40 | — | — | — | |||||||
Micron Technology Inc. | 3.19 | -2.13 | -7.02 | -13.14 | -13.58 | -7.73 | 10.11 | 36.19 | 51.66 | 58.47 | 51.74 | 45.03 | 35.18 | 24.82 | 19.35 | 17.83 | 16.41 | 14.78 | 15.68 | 28.05 | 56.09 | — | — | — | |||||||
NVIDIA Corp. | 132.59 | 82.40 | 43.66 | 18.63 | 16.96 | 23.23 | 31.40 | 39.65 | 43.12 | 38.65 | 34.29 | 26.81 | 24.96 | 28.27 | 34.95 | 56.66 | 58.12 | 43.98 | 44.64 | 54.11 | 68.17 | — | — | — | |||||||
Texas Instruments Inc. | — | 12.85 | 14.57 | 17.87 | 22.01 | 26.51 | 33.49 | 42.10 | 47.88 | 51.88 | 52.00 | 51.03 | 49.47 | 46.81 | 42.15 | 36.25 | 32.67 | 29.59 | 30.50 | 32.50 | 34.69 | — | — | — |
Based on: 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
1 Q4 2024 Calculation
Interest coverage
= (EBITQ4 2024
+ EBITQ3 2024
+ EBITQ2 2024
+ EBITQ1 2024)
÷ (Interest expenseQ4 2024
+ Interest expenseQ3 2024
+ Interest expenseQ2 2024
+ Interest expenseQ1 2024)
= (2,776 + 2,447 + 2,670 + 3,140)
÷ (179 + 168 + 172 + 178)
= 15.83
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Qualcomm Inc. interest coverage ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |