InterDigital Inc (IDCC)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands 15,443 29,019 607,066 422,745 367,992
Total assets US$ in thousands 1,835,530 1,770,810 1,900,100 1,628,160 1,616,280
Debt-to-assets ratio 0.01 0.02 0.32 0.26 0.23

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $15,443K ÷ $1,835,530K
= 0.01

The debt-to-assets ratio of InterDigital Inc has shown a fluctuating trend over the years. As of December 31, 2020, the ratio was 0.23, indicating that 23% of the company's assets were funded by debt. By the end of 2021, the ratio increased to 0.26, suggesting a slight increase in reliance on debt for asset financing.

In the subsequent years, the ratio experienced a notable increase, reaching 0.32 by December 31, 2022, signaling a higher proportion of assets being financed by debt. However, there was a significant decrease in the ratio by the end of 2023, dropping to 0.02, which could imply a reduction in debt levels or an increase in asset base.

The most recent data point, as of December 31, 2024, shows a minimal debt-to-assets ratio of 0.01, indicating that the company has a very low reliance on debt to finance its assets. Overall, the fluctuation in the debt-to-assets ratio of InterDigital Inc reflects varying levels of debt utilization and asset management strategies over the years.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
InterDigital Inc
IDCC
0.01
Dolby Laboratories
DLB
0.00
Marathon Digital Holdings Inc
MARA
0.16