InterDigital Inc (IDCC)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 857,215 | 722,537 | 696,777 | 624,291 | 581,549 | 583,430 | 595,217 | 619,672 | 724,895 | 695,775 | 678,769 | 753,706 | 745,239 | 724,271 | 704,185 | 712,098 | 773,369 | 783,271 | 769,419 | 752,649 |
| Debt-to-equity ratio | 0.02 | 0.03 | 0.03 | 0.04 | 0.05 | 0.83 | 0.81 | 0.98 | 0.84 | 0.87 | 0.89 | 0.56 | 0.57 | 0.58 | 0.60 | 0.59 | 0.48 | 0.46 | 0.47 | 0.47 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $15,443K ÷ $857,215K
= 0.02
The debt-to-equity ratio of InterDigital Inc has exhibited fluctuations over the periods covered. As of December 31, 2020, the ratio was at 0.48, indicating that the company had $0.48 of debt for every $1 of equity. Subsequently, the ratio increased to 0.60 by June 30, 2021, signaling a greater reliance on debt financing compared to equity.
From June 30, 2022, to March 31, 2023, the ratio experienced a significant spike from 0.89 to 0.98, reflecting a substantial increase in debt relative to equity. However, there was a significant drop in the ratio to 0.05 as of December 31, 2023, implying a sharp reduction in debt compared to equity.
The debt-to-equity ratio continued to decrease through the following periods, reaching 0.02 by December 31, 2024, suggesting a minimal level of debt in relation to equity at the end of the period. Overall, these fluctuations in the debt-to-equity ratio indicate varying levels of financial leverage and capital structure adjustments undertaken by InterDigital Inc over the analyzed time frame.
Peer comparison
Dec 31, 2024