QUALCOMM Historical Balance Sheet
| QCOM Stock | 21.30 0.01 0.05% |
Trend analysis of QUALCOMM Incorporated balance sheet accounts such as Property Plant And Equipment Net of 5.3 B, Net Debt of 7 B, Retained Earnings of 20.4 B or Accounts Payable of 2.2 B provides information on QUALCOMM Incorporated's total assets, liabilities, and equity, which is the actual value of QUALCOMM Incorporated to its prevalent stockholders. By breaking down trends over time using QUALCOMM Incorporated balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About QUALCOMM Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of QUALCOMM Incorporated at a specified time, usually calculated after every quarter, six months, or one year. QUALCOMM Incorporated Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of QUALCOMM Incorporated and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which QUALCOMM currently owns. An asset can also be divided into two categories, current and non-current.
QUALCOMM Incorporated Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of QUALCOMM Incorporated assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in QUALCOMM Incorporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on QUALCOMM Incorporated balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of QUALCOMM Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from QUALCOMM Incorporated's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into QUALCOMM Incorporated current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QUALCOMM Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.At present, QUALCOMM Incorporated's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt is expected to grow to about 1.3 B, whereas Other Current Liabilities is forecasted to decline to about 3.5 B.
| 2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 3.1B | 3.3B | 3.8B | 3.5B | Total Assets | 51.0B | 55.2B | 63.4B | 54.0B |
QUALCOMM Incorporated balance sheet Correlations
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QUALCOMM Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with QUALCOMM Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QUALCOMM Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QUALCOMM Incorporated will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to QUALCOMM Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QUALCOMM Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QUALCOMM Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QUALCOMM Incorporated to buy it.
The correlation of QUALCOMM Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QUALCOMM Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QUALCOMM Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QUALCOMM Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QUALCOMM Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.