IDCC (InterDigital) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is InterDigital LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. InterDigital's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

InterDigital's long-term debt to total assets ratio declined from Sep. 2023 (0.28) to Sep. 2024 (0.02). It may suggest that InterDigital is progressively becoming less dependent on debt to grow their business.

InterDigital LT-Debt-to-Total-Asset Historical Data

The historical data trend for InterDigital's LT-Debt-to-Total-Asset 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.

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InterDigital LT-Debt-to-Total-Asset Chart

InterDigital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.23

0.26

0.33

0.03

InterDigital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.03	0.03	0.02	0.02

InterDigital LT-Debt-to-Total-Asset Calculation

InterDigital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	46.404	/	1770.814
	=	0.03

InterDigital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	35.121	/	1725.35
	=	0.02

InterDigital (NAS:IDCC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

InterDigital LT-Debt-to-Total-Asset Related Terms

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InterDigital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0U3Q:UK IDI:Germany IDI:Germany

Address

200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727

Website

https://www.interdigital.com

InterDigital Inc is a research and development company focused on wireless, video, Artificial Intelligence 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 China.

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
John A Kritzmacher	director	C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Derek K Aberle	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Samir Armaly	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Markley John D. Jr.	director	COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Pierre-yves Lesaicherre	director	C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Jean F Rankin	director	1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Eeva K. Hakoranta	officer: Chief Licensing Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Richard Brezski	officer: Chief Accounting Officer	781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Eric Cohen	officer: Chief Strategy& Growth Officer	5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Henry Tirri	officer: Chief Technology Officer	400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Joan H Gillman	director	C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Stewart D Hutcheson	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Lawrence Liren Chen	director, officer: President and CEO	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809