Cash flow Qualcomm, Inc.

Equities

QCOM

US7475251036

Semiconductors

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173.50 ^USD	+1.91%		+7.25%	+12.71%

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Published financial data: QUALCOMM, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	23.53B	33.57B	44.2B	35.82B	38.96B
Total Revenues	23.53B	33.57B	44.2B	35.82B	38.96B
Cost of Goods Sold, Total	9.26B	14.26B	18.64B	15.87B	17.06B
Gross Profit	14.28B	19.3B	25.56B	19.95B	21.9B
Selling General & Admin Expenses, Total	2.07B	2.34B	2.57B	2.48B	2.76B
R&D Expenses	5.98B	7.18B	8.19B	8.82B	8.89B
Other Operating Expenses	-	-	-	-	-3M
Other Operating Expenses, Total	8.05B	9.52B	10.76B	11.3B	11.65B
Operating Income	6.23B	9.79B	14.8B	8.65B	10.25B
Interest Expense, Total	-602M	-559M	-490M	-694M	-697M
Interest And Investment Income	156M	83M	91M	313M	675M
Net Interest Expenses	-446M	-476M	-399M	-381M	-22M
Income (Loss) On Equity Invest.	-21M	13M	-7M	-	-
Currency Exchange Gains (Loss)	-25M	-32M	19M	-	-
Other Non Operating Income (Expenses)	55M	116M	-178M	72M	177M
EBT, Excl. Unusual Items	5.79B	9.41B	14.24B	8.34B	10.41B
Restructuring Charges	-	-	-	-712M	-107M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-99M	864M	-297M	-36M	110M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
In Process R&D Expenses	-	-	-	-150M	-
Legal Settlements	28M	-	1.06B	-	-75M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	5.72B	10.27B	15B	7.44B	10.34B
Income Tax Expense	521M	1.23B	2.01B	104M	226M
Earnings From Continuing Operations	5.2B	9.04B	12.99B	7.34B	10.11B
Earnings Of Discontinued Operations	-	-	-50M	-107M	32M
Net Income to Company	5.2B	9.04B	12.94B	7.23B	10.14B
Minority Interest	-	-	-	-	-
Net Income - (IS)	5.2B	9.04B	12.94B	7.23B	10.14B
Net Income to Common Incl Extra Items	5.2B	9.04B	12.94B	7.23B	10.14B
Net Income to Common Excl. Extra Items	5.2B	9.04B	12.99B	7.34B	10.11B
Per Share Items
Net EPS - Basic	4.58	8	11.52	6.47	9.09
Basic EPS - Continuing Operations	4.58	8	11.56	6.57	9.06
Basic Weighted Average Shares Outstanding	1.14B	1.13B	1.12B	1.12B	1.12B
Net EPS - Diluted	4.52	7.87	11.37	6.42	8.97
Diluted EPS - Continuing Operations	4.52	7.87	11.41	6.52	8.94
Diluted Weighted Average Shares Outstanding	1.15B	1.15B	1.14B	1.13B	1.13B
Normalized Basic EPS	3.19	5.2	7.92	4.67	5.83
Normalized Diluted EPS	3.15	5.12	7.83	4.63	5.76
Dividend Per Share	2.54	2.66	2.86	3.1	3.3
Payout Ratio	55.44	33.26	24.83	47.87	36.35
American Depositary Receipts Ratio (ADR)	0.08	0.08	0.08	0.08	0.08
Supplemental Items
EBITDA	7.62B	11.37B	16.56B	10.46B	11.96B
EBITA	6.85B	10.33B	15.28B	9.07B	10.56B
EBIT	6.23B	9.79B	14.8B	8.65B	10.25B
EBITDAR	7.8B	11.57B	16.77B	10.66B	12.14B
Total Revenues (As Reported)	23.53B	33.57B	44.2B	35.82B	38.96B
Effective Tax Rate - (Ratio)	9.11	11.98	13.42	1.4	2.19
Current Domestic Taxes	211M	950M	1.12B	1.24B	1.31B
Current Foreign Taxes	526M	518M	906M	491M	805M
Total Current Taxes	737M	1.47B	2.02B	1.73B	2.11B
Deferred Domestic Taxes	-190M	-249M	-19M	-1.48B	-1.56B
Deferred Foreign Taxes	-26M	12M	10M	-143M	-331M
Total Deferred Taxes	-216M	-237M	-9M	-1.63B	-1.89B
Normalized Net Income	3.62B	5.88B	8.9B	5.21B	6.5B
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	5.98B	7.18B	8.19B	8.82B	8.89B
Net Rental Expense, Total	181M	203M	207M	204M	184M
Imputed Operating Lease Interest Expense	53.98M	55.81M	50M	70.29M	65.13M
Imputed Operating Lease Depreciation	127M	147M	157M	134M	119M
Stock-Based Comp., COGS (Total)	34M	47M	61M	76M	89M
Stock-Based Comp., R&D Exp. (Total)	872M	1.23B	1.54B	1.91B	2.02B
Stock-Based Comp., SG&A Exp. (Total)	306M	389M	463M	497M	535M
Total Stock-Based Compensation	1.21B	1.67B	2.06B	2.48B	2.65B

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	6.71B	7.12B	2.77B	8.45B	7.85B
Short Term Investments	4.51B	5.3B	3.61B	2.87B	5.45B
Total Cash And Short Term Investments	11.21B	12.41B	6.38B	11.32B	13.3B
Accounts Receivable, Total	3.99B	3.57B	5.61B	3.15B	3.89B
Other Receivables	11M	11M	33M	37M	36M
Total Receivables	4B	3.58B	5.64B	3.18B	3.93B
Inventory	2.6B	3.23B	6.34B	6.83B	7.19B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	704M	854M	2.36B	1.13B	814M
Total Current Assets	18.52B	20.08B	20.72B	22.46B	25.23B
Gross Property Plant And Equipment	9.3B	10.97B	12.4B	13.32B	14.26B
Accumulated Depreciation	-5.13B	-5.9B	-6.6B	-7.67B	-8.88B
Net Property Plant And Equipment	4.17B	5.07B	5.8B	5.65B	5.38B
Long-term Investments	1.02B	1.26B	1.29B	1.24B	1.34B
Goodwill	6.32B	7.25B	10.51B	10.64B	10.8B
Other Intangibles, Total	1.65B	1.46B	1.88B	1.41B	1.24B
Deferred Tax Assets Long-Term	1.35B	1.59B	1.8B	3.31B	5.16B
Other Long-Term Assets, Total	2.56B	4.53B	7B	6.33B	5.99B
Total Assets	35.59B	41.24B	49.01B	51.04B	55.15B
Liabilities
Accounts Payable, Total	2.25B	2.75B	3.8B	1.91B	2.58B
Accrued Expenses, Total	2.77B	3.5B	3.36B	3.51B	4.31B
Short-term Borrowings	500M	500M	499M	-	-
Current Portion of Long-Term Debt	-	1.54B	1.45B	914M	1.36B
Current Portion of Leases	148M	126M	104M	98M	98M
Current Income Taxes Payable	549M	862M	634M	1.72B	1.08B
Unearned Revenue Current, Total	568M	612M	369M	293M	297M
Other Current Liabilities	1.88B	2.05B	1.65B	1.19B	767M
Total Current Liabilities	8.67B	11.95B	11.87B	9.63B	10.5B
Long-Term Debt	15.23B	13.7B	13.54B	14.48B	13.27B
Long-Term Leases	487M	428M	573M	571M	708M
Unearned Revenue Non Current	761M	364M	144M	99M	88M
Deferred Tax Liability Non Current	56M	64M	167M	111M	114M
Other Non Current Liabilities	4.32B	4.78B	4.71B	4.57B	4.2B
Total Liabilities	29.52B	31.29B	31B	29.46B	28.88B
Common Stock, Total	586M	-	195M	490M	-
Retained Earnings	5.28B	9.82B	17.84B	20.73B	25.69B
Comprehensive Income and Other	207M	128M	-22M	358M	587M
Total Common Equity	6.08B	9.95B	18.01B	21.58B	26.27B
Minority Interest	-	-	-	-	-
Total Equity	6.08B	9.95B	18.01B	21.58B	26.27B
Total Liabilities And Equity	35.59B	41.24B	49.01B	51.04B	55.15B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.13B	1.12B	1.12B	1.11B	1.11B
ECS Total Common Shares Outstanding	1.13B	1.12B	1.12B	1.11B	1.11B
Book Value / Share	5.37	8.84	16.07	19.37	23.61
Tangible Book Value	-1.9B	1.25B	5.62B	9.53B	14.23B
Tangible Book Value Per Share	-1.68	1.11	5.02	8.56	12.79
Total Debt	16.36B	16.3B	16.16B	16.07B	15.44B
Net Debt	5.11B	3.88B	9.78B	4.74B	2.14B
Debt Equivalent Oper. Leases	1.45B	1.62B	1.66B	1.63B	1.47B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	161M	214M	189M	164M	154M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	94M	267M	221M	176M	340M
Inventories - Work In Process, Total	1.16B	1.48B	3.33B	4.1B	3.5B
Inventories - Finished Goods, Total	1.35B	1.49B	2.79B	2.15B	2.59B
Land - (BS)	173M	172M	170M	169M	169M
Buildings, Total	1.61B	1.64B	1.77B	1.85B	1.89B
Machinery, Total	6.61B	8B	9.13B	9.98B	10.81B
Full Time Employees	41K	45K	51K	50K	49K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	5.2B	9.04B	12.94B	7.23B	10.14B
Depreciation & Amortization - CF	772M	1.04B	1.28B	1.39B	1.4B
Amortization of Goodwill and Intangible Assets - (CF)	621M	537M	482M	418M	311M
Depreciation & Amortization, Total	1.39B	1.58B	1.76B	1.81B	1.71B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	69M	-969M	479M	-20M	-270M
Asset Writedown & Restructuring Costs	-	5M	-	182M	7M
Stock-Based Compensation (CF)	1.21B	1.66B	2.03B	2.48B	2.65B
Tax Benefit from Stock Options	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-170M	-399M	-91M
Other Operating Activities, Total	-451M	-327M	-142M	-1.14B	-3.16B
Change In Accounts Receivable	-1.53B	426M	-2.07B	2.47B	-768M
Change In Inventories	-1.16B	-622M	-3.14B	8M	13M
Change In Accounts Payable	907M	495M	1.04B	-1.88B	682M
Change in Unearned Revenues	-246M	-202M	-324M	-56M	20M
Change in Other Net Operating Assets	418M	-558M	-3.31B	604M	1.28B
Cash from Operations	5.81B	10.54B	9.1B	11.3B	12.2B
Capital Expenditure	-1.41B	-1.89B	-2.26B	-1.45B	-1.04B
Sale of Property, Plant, and Equipment	-	-	-	127M	10M
Cash Acquisitions	-185M	-1.38B	-4.91B	-235M	-254M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-3.71B	-32M	1.34B	918M	-2.3B
Other Investing Activities, Total	43M	-59M	30M	1.4B	-34M
Cash from Investing	-5.26B	-3.36B	-5.8B	762M	-3.62B
Short Term Debt Issued, Total	2.85B	2.89B	7B	5.07B	799M
Long-Term Debt Issued, Total	1.99B	-	1.48B	1.88B	-
Total Debt Issued	4.84B	2.89B	8.48B	6.95B	799M
Short Term Debt Repaid, Total	-2.85B	-2.88B	-7.35B	-5.57B	-799M
Long-Term Debt Repaid, Total	-2.22B	-	-1.54B	-1.45B	-914M
Total Debt Repaid	-5.06B	-2.88B	-8.89B	-7.01B	-1.71B
Issuance of Common Stock	329M	347M	356M	434M	383M
Repurchase of Common Stock	-2.79B	-4.1B	-3.9B	-3.49B	-5.05B
Common Dividends Paid	-2.88B	-3.01B	-3.21B	-3.46B	-3.69B
Common & Preferred Stock Dividends Paid	-2.88B	-3.01B	-3.21B	-3.46B	-3.69B
Other Financing Activities, Total	-131M	-35M	-30M	-77M	2M
Cash from Financing	-5.71B	-6.8B	-7.2B	-6.66B	-9.27B
Foreign Exchange Rate Adjustments	24M	27M	-113M	30M	12M
Net Change in Cash	-5.13B	409M	-4.02B	5.43B	-678M
Supplemental Items
Cash Interest Paid	507M	477M	491M	614M	656M
Cash Income Tax Paid (Refund)	830M	1.5B	2.1B	1.4B	3.3B
Levered Free Cash Flow	3.5B	8.52B	3.86B	9.82B	8.92B
Unlevered Free Cash Flow	3.87B	8.87B	4.17B	10.25B	9.36B
Change In Net Working Capital	1.22B	-1.39B	6.64B	-2B	365M
Net Debt Issued / Repaid	-229M	1M	-415M	-64M	-914M

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	11.35	15.93	20.5	10.81	12.07
Return on Total Capital	17.98	25.2	30.62	15.05	16.15
Return On Equity %	94.63	112.85	92.88	37.07	42.25
Return on Common Equity	94.63	112.85	92.88	37.07	42.25
Margin Analysis
Gross Profit Margin %	60.67	57.51	57.84	55.7	56.21
SG&A Margin	8.81	6.97	5.81	6.93	7.08
EBITDA Margin %	32.38	33.88	37.47	29.2	30.69
EBITA Margin %	29.1	30.76	34.58	25.32	27.11
EBIT Margin %	26.46	29.16	33.49	24.15	26.32
Income From Continuing Operations Margin %	22.09	26.94	29.38	20.49	25.95
Net Income Margin %	22.09	26.94	29.27	20.19	26.03
Net Avail. For Common Margin %	22.09	26.94	29.38	20.49	25.95
Normalized Net Income Margin	15.38	17.52	20.13	14.55	16.7
Levered Free Cash Flow Margin	14.87	25.38	8.73	27.4	22.9
Unlevered Free Cash Flow Margin	16.47	26.42	9.43	28.62	24.01
Asset Turnover
Asset Turnover	0.69	0.87	0.98	0.72	0.73
Fixed Assets Turnover	6.49	7.26	8.13	6.26	7.06
Receivables Turnover (Average Receivables)	7.3	8.88	9.63	8.18	11.07
Inventory Turnover (Average Inventory)	4.63	4.9	3.89	2.29	2.43
Short Term Liquidity
Current Ratio	2.14	1.68	1.75	2.33	2.4
Quick Ratio	1.75	1.34	1.01	1.51	1.64
Operating Cash Flow to Current Liabilities	0.67	0.88	0.77	1.17	1.16
Days Sales Outstanding (Average Receivables)	49.88	40.99	37.79	44.49	33.51
Days Outstanding Inventory (Average Inventory)	78.62	74.35	93.46	159.05	152.38
Average Days Payable Outstanding	62.96	61.08	54.78	66.37	47.87
Cash Conversion Cycle (Average Days)