Qualcomm Current Ratio from 2010 to 2024

QCOM Stock  USD 158.24  5.35  3.50%   
Qualcomm Incorporated Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to drop to 1.55. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.40203732
Current Value
1.54716981
Quarterly Volatility
1.14449323
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Qualcomm Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qualcomm Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 731.9 M or Total Revenue of 40.9 B, as well as many indicators such as Price To Sales Ratio of 4.67, Dividend Yield of 0.0326 or PTB Ratio of 114. Qualcomm financial statements analysis is a perfect complement when working with Qualcomm Incorporated Valuation or Volatility modules.
  
Check out the analysis of Qualcomm Incorporated Correlation against competitors.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.

Latest Qualcomm Incorporated's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Qualcomm Incorporated over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Qualcomm Incorporated's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Qualcomm Incorporated's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.75 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Qualcomm Current Ratio Regression Statistics

Arithmetic Mean3.18
Geometric Mean3.00
Coefficient Of Variation35.98
Mean Deviation1.00
Median2.40
Standard Deviation1.14
Sample Variance1.31
Range4.2331
R-Value(0.90)
Mean Square Error0.28
R-Squared0.80
Slope(0.23)
Total Sum of Squares18.34

Qualcomm Current Ratio History

2024 1.55
2023 2.4
2017 2.33
2011 4.0
2010 5.78

About Qualcomm Incorporated Financial Statements

Qualcomm Incorporated investors utilize fundamental indicators, such as Current Ratio, to predict how Qualcomm Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.40  1.55 

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When determining whether Qualcomm Incorporated is a strong investment it is important to analyze Qualcomm Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qualcomm Incorporated's future performance. For an informed investment choice regarding Qualcomm Stock, refer to the following important reports:
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.941
Dividend Share
3.3
Earnings Share
8.94
Revenue Per Share
34.912
Quarterly Revenue Growth
0.187
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.