InterDigital Inc (IDCC)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands 15,443 18,302 17,687 28,029 29,019 485,476 483,917 607,914 607,066 605,859 604,245 424,100 422,745 421,420 420,598 419,396 367,992 363,523 359,119 354,823
Total assets US$ in thousands 1,835,530 1,725,350 1,636,300 1,807,020 1,770,810 1,826,480 1,760,180 1,748,560 1,900,100 1,928,220 1,617,500 1,596,030 1,628,160 1,700,610 1,497,080 1,561,870 1,616,280 1,640,490 1,538,760 1,464,730
Debt-to-assets ratio 0.01 0.01 0.01 0.02 0.02 0.27 0.27 0.35 0.32 0.31 0.37 0.27 0.26 0.25 0.28 0.27 0.23 0.22 0.23 0.24

December 31, 2024 calculation

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

InterDigital Inc's debt-to-assets ratio has been relatively stable in recent years, ranging between 0.22 to 0.37. This ratio indicates the proportion of the company's assets that are financed by debt. A lower ratio suggests that a company relies less on debt to fund its operations and investments, which can be seen as a positive indicator of financial stability.

In the case of InterDigital Inc, the ratio fluctuated within a narrow range with occasional spikes, reaching its peak at 0.37 as of June 30, 2022, and its lowest points at 0.01 by the end of 2024. The substantial drop in the ratio in the last quarters of 2023 and throughout 2024 could suggest that the company significantly reduced its debt relative to its assets during this period.

Overall, InterDigital Inc's debt-to-assets ratio indicates a moderate level of debt compared to its total assets, with a recent trend toward lower debt levels relative to its asset base. This could signal a favorable financial position in terms of debt management and financial health.


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
0.11