GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » Total Assets

InterDigital (InterDigital) Total Assets

: $1,770.8 Mil (As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

InterDigital's Total Assets for the quarter that ended in Dec. 2023 was $1,770.8 Mil.

During the past 12 months, InterDigital's average Total Assets Growth Rate was 9.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.50% per year. During the past 5 years, the average Total Assets Growth Rate was 1.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.

During the past 13 years, InterDigital's highest 3-Year average Total Assets Growth Rate was 113.70%. The lowest was -24.40%. And the median was 11.20%.

Total Assets is connected with ROA %. InterDigital's annualized ROA % for the quarter that ended in Dec. 2023 was 8.69%. Total Assets is also linked to Revenue through Asset Turnover. InterDigital's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


InterDigital Total Assets Historical Data

The historical data trend for InterDigital's Total Assets 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.

InterDigital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,612.08 1,616.28 1,628.16 1,900.11 1,770.81

InterDigital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,900.11 1,748.56 1,760.18 1,826.48 1,770.81

InterDigital Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

InterDigital's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=581.549+1189.265
=1,770.8

InterDigital's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=581.549+1189.265
=1,770.8

* 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.


InterDigital  (NAS:IDCC) Total Assets Explanation

Total Assets is connected with ROA %.

InterDigital's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=156.344/( (1826.481+1770.814)/ 2 )
=156.344/1798.6475
=8.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

InterDigital's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=105.518/( (1826.481+1770.814)/ 2 )
=105.518/1798.6475
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

InterDigital Total Assets Related Terms

Thank you for viewing the detailed overview of InterDigital's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


InterDigital (InterDigital) Business Description

Traded in Other Exchanges
Address
200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727
InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.
Executives
Joshua D. Schmidt officer: CLO & Corp Sec 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Rajesh Pankaj officer: Chief Technology Officer 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eeva K. Hakoranta officer: Chief Licensing Officer 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eric Cohen officer: Chief Strategy& Growth Officer 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Pierre-yves Lesaicherre director C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Markley John D. Jr. director COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Samir Armaly director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Jean F Rankin director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Richard Brezski officer: Chief Accounting Officer 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Derek K Aberle director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Henry Tirri officer: Chief Technology Officer 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Stewart D Hutcheson director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Joan H Gillman director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Lawrence Liren Chen director, officer: President and CEO 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809