InterDigital (IDCC) Debt Metrics
Market Cap: $5.39B
Avg Volume: 384.11K
Industry: Software - Application
Sector: Technology
How much debt does InterDigital have?
According to InterDigital's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
InterDigital's total debt stands at $487.54M. This is broken down into:
- Long-term debt: $31.21M
- Short-term debt: $456.33M
The company's net debt, which accounts for cash and cash equivalents, is $-39.82M. In terms of overall financial obligations, InterDigital's total liabilities amount to $978.31M.
Debt Ratios and Metrics
To better understand InterDigital's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.57 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 26.56% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 9.68 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 1.77% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 36.26% - this indicates the total debt in the company's capital structure.
These metrics provide insight into InterDigital's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$487.54M
Long-term Debt
$31.21M
Short-term Debt
$456.33M
Net Debt
$-39.82M
Total Liabilities
$978.31M
Interest Coverage
9.68
Debt to Equity Ratio
0.57
Debt Ratio
26.56%
InterDigital Historical Debt Metrics
InterDigital Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $487.54M | $31.21M | $456.33M | $-39.82M | $978.31M | 0.57 | 26.56% | 9.68 | 1.77% | 36.26% |
| 2023 | $625.16M | $46.40M | $578.75M | $188.08M | $1.19B | 1.07 | 35.30% | 4.94 | 4.75% | 51.81% |
| 2022 | $660.67M | $626.99M | $- | $-32.81M | $1.17B | 0.91 | 34.77% | 5.10 | 45.58% | 47.68% |
| 2021 | $484.21M | $422.75M | $- | $-457.41M | $875.24M | 0.65 | 29.74% | 2.82 | 36.19% | 39.38% |
| 2020 | $415.88M | $391.04M | $- | $-57.60M | $819.71M | 0.54 | 25.73% | 1.35 | 32.24% | 34.97% |
| 2019 | $490.76M | $374.73M | $94.17M | $-254.73M | $825.80M | 0.64 | 30.44% | 0.92 | 31.52% | 39.19% |
| 2018 | $351.52M | $317.38M | $- | $-123.54M | $688.54M | 0.38 | 21.61% | 1.74 | 25.50% | 27.49% |
| 2017 | $295.16M | $285.13M | $- | $-137.85M | $981.27M | 0.35 | 15.92% | 16.90 | 25.00% | 25.66% |
| 2016 | $286.99M | $272.02M | $- | $-117.08M | $973.49M | 0.39 | 16.61% | 20.70 | 26.89% | 27.95% |
| 2015 | $490.75M | $259.60M | $227.17M | $-19.45M | $952.59M | 0.96 | 33.28% | 6.86 | 33.71% | 49.01% |
Related Metrics
Explore detailed financial metrics and analysis for IDCC.