Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $35,594 | $41,240 | $49,014 | $51,040 | $55,154 |
Liabilities | $29,517 | $31,290 | $31,001 | $29,459 | $28,880 |
Equity | $6,077 | $9,950 | $18,013 | $21,581 | $26,274 |
Edwyn
Over the past five years, Qualcomm Inc/DE has shown significant growth in its financial position. Total assets have steadily increased from 35,594 million USD in 2020 to 55,154 million USD in 2024, reflecting a robust expansion of the company's asset base. This growth is indicative of Qualcomm's strategic investments and potentially successful business operations during this period. Simultaneously, total liabilities have also increased, albeit at a slower pace compared to assets. Liabilities rose from 29,517 million USD in 2020 to 28,880 million USD in 2024. This trend suggests that Qualcomm has been effectively managing its debt levels relative to its asset growth, which is a positive sign for investors. Stockholders' equity has seen a substantial increase, more than doubling from 6,077 million USD in 2020 to 26,274 million USD in 2024. This surge in equity highlights the company's ability to generate profits and retain earnings, thereby strengthening its financial position and providing a cushion against potential risks. Overall, Qualcomm's financial performance and position appear healthy and on an upward trajectory. The company's ability to grow its asset base while effectively managing its liabilities and significantly increasing stockholders' equity bode well for its long-term sustainability and competitiveness in the industry. The consistent growth in equity also indicates that Qualcomm has been successful in creating value for its shareholders, which is crucial in the highly competitive tech sector where innovation and financial strength are key drivers of success.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.