Qualcomm

Key Performance Metrics

  • The review of Net Profit Margin witnessed a fluctuating trend. The Net Profit Margin moved from 18.07% in 2019 to 20.19% in 2023.
  • The average EBIT Margin for the period under analysis was 29.97%, with 2023 and 2022 performing the worst and best, respectively.
  • In the current year, Qualcomm was able to cover its interest liabilities 12.28 times – compared to 2019 when it was 12.93 times.
  • The Asset turnover stood at 0.72 times in 2023 from 0.72 in 2019, implying a low performance on Assets of the business in relation to revenue.

Profitability

  • The revenue of Qualcomm has fluctuated year on year. The revenue decreased by 3.06% between 2019 and 2020 and a further 31.68% increase was recorded between 2021 and 2022. There also occurred a decrease of 18.96% between 2022 and 2023 (the current period).
  • Qualcomm’s performance in profitability looks good as the return on capital employed also recorded good performance during the period of analysis.

Liquidity

  • The company’s result in liquidity looks fair, as current ratio increased from 2.33:1 to 2.56:1 on the last year. Which implies that the company has enough assets to settle its current liabilities.

Capital Structure

  • Qualcomm is both equity and debt financed.
  • The debt-to-equity (D/E) ratio has been falling year on year. The gearing position of the company appears to be high as it stood at 67% in the current year.

Source: Qualcomm Annual Report

Share This Showroom

Open chat
1
Need Help?
Powered by BFI Insights
Hello 👋
How can we assist you today?