InterDigital Inc (IDCC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 2.14 | 2.39 | 2.35 | 2.89 | 3.04 | 3.13 | 2.96 | 2.82 | 2.62 | 2.77 | 2.38 | 2.12 | 2.18 | 2.35 | 2.13 | 2.19 | 2.09 | 2.09 | 2.00 | 1.95 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,835,530K ÷ $857,215K
= 2.14
InterDigital Inc's financial leverage ratio has fluctuated over the years, ranging from a low of 1.95 to a high of 3.13. The ratio gradually increased from 1.95 in March 2020 to reach its peak of 3.13 in September 2023 before slightly decreasing to 2.14 by December 2024. This indicates that the company's financial leverage has been on an upward trend, except for the last two quarters where a decline was observed. The increasing trend in the leverage ratio suggests that InterDigital Inc has been relying more on debt to finance its operations and investments, which may indicate increased financial risk. However, the recent decline in the ratio could imply a potential reduction in the company's debt levels or an improvement in its financial position. Further analysis of the company's financial statements and overall financial health would be needed to fully assess the implications of the financial leverage ratio changes.
Peer comparison
Dec 31, 2024