Qualcomm (Qualcomm) Interest Expense

: $-702 Mil (TTM As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qualcomm's interest expense for the three months ended in Dec. 2023 was $ -178 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-702 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Qualcomm's Operating Income for the three months ended in Dec. 2023 was $ 2,928 Mil. Qualcomm's Interest Expense for the three months ended in Dec. 2023 was $ -178 Mil. Qualcomm's Interest Coverage for the quarter that ended in Dec. 2023 was 16.45. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Qualcomm Interest Expense Historical Data

The historical data trend for Qualcomm's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qualcomm Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

-627.00

-602.00

-559.00

-490.00

-694.00

Qualcomm Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-170.00	-179.00	-172.00	-173.00	-178.00

Qualcomm Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-702 Mil.

Qualcomm (NAS:QCOM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Qualcomm's Interest Expense for the three months ended in Dec. 2023 was $-178 Mil. Its Operating Income for the three months ended in Dec. 2023 was $2,928 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $14,566 Mil.

Qualcomm's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2928	/	-178
	=	16.45

The higher the ratio, the stronger the company's financial strength is.

Qualcomm (Qualcomm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qualcomm Inc (NAS:QCOM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QCOM:Peru QCOM:Mexico 1QCOM:Italy QCId:UK 0QZ3:UK QCI:Germany QCI:Germany QCI:Germany QCI:Germany QCOM:Chile QCOM34:Brazil QCOM:Austria QCOM:Argentina

Address

5775 Morehouse Drive, San Diego, CA, USA, 92121-1714

Website

https://www.qualcomm.com

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

Executives

Cristiano R Amon	officer: President	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James J Cathey	officer: Chief Commercial Officer	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Alexander H Rogers	officer: EVP & President, QTL	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Neil Martin	officer: SVP, Finance and CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James H Thompson	officer: EVP, Qualcomm Technologies Inc	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Jeffrey William Henderson	director	7000 CARDINAL PLACE, DUBLIN OH 43017
Erin L Polek	officer: SVP Corporate Controller & CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Akash J. Palkhiwala	officer: SVP & Interim CFO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ann C Chaplin	officer: General Counsel&Corp Secretary	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Donald J Rosenberg	officer: EVP, GC & Corporate Secretary	QUALCOMM INCORPORATED, 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Brian Modoff	officer: EVP, Strategy and M&A	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Gregory N Johnson	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sylvia Acevedo	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Randt Clark T. Jr.	director	ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Jean-pascal Tricoire	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121