Qualcomm Incorporated

NASDAQ QCOM

Download Data

Qualcomm Incorporated Asset Coverage Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 15.89%

Qualcomm Incorporated Asset Coverage Ratio 3 year CAGR is 15.89% for the Trailing 12 Months (TTM) ending March 31, 2024, a 5.77% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Qualcomm Incorporated Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 2.93, a 14.11% change year over year.
  • Qualcomm Incorporated Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.57, a 19.13% change year over year.
  • Qualcomm Incorporated Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.15, a 11.93% change year over year.
  • Qualcomm Incorporated Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1.93, a -7.00% change year over year.
NASDAQ: QCOM

Qualcomm Incorporated

CEO Mr. Cristiano Renno Amon
IPO Date Dec. 13, 1991
Location United States
Headquarters 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714
Employees 50,000
Sector Technology
Industry Semiconductors
Description

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.

Similar companies

MU

Micron Technology Inc

NA

NA

AVGO

Broadcom Inc

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email