Qualcomm Incorporated (QCOM) — Working Capital to Net Assets Ratio
Qualcomm Incorporated (QCOM) has a Working Capital to Net Assets ratio of 48.9% as of March 2026. Working capital of $13.35 Billion (current assets of $23.11 Billion minus current liabilities of $9.77 Billion) is measured against net assets of $27.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See QCOM net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qualcomm Incorporated Working Capital to Net Assets (1990–2025)
This chart shows how Qualcomm Incorporated's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 48.9%, reflecting working capital of $13.35 Billion against net assets of $27.28 Billion USD. Check tangible equity quality of Qualcomm Incorporated to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Qualcomm Incorporated (1990–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qualcomm Incorporated from 1990 to 2025, covering 36 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see QCOM market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 78.3% | $16.61 Billion | $21.21 Billion | $25.75 Billion | $9.14 Billion | ▲ +22.3 pp |
| 2024 | 56.1% | $14.73 Billion | $26.27 Billion | $25.23 Billion | $10.50 Billion | ▼ -3.4 pp |
| 2023 | 59.5% | $12.84 Billion | $21.58 Billion | $22.46 Billion | $9.63 Billion | ▲ +10.3 pp |
| 2022 | 49.2% | $8.86 Billion | $18.01 Billion | $20.72 Billion | $11.87 Billion | ▼ -32.5 pp |
| 2021 | 81.6% | $8.12 Billion | $9.95 Billion | $20.07 Billion | $11.95 Billion | ▼ -80.4 pp |
| 2020 | 162.0% | $9.85 Billion | $6.08 Billion | $18.52 Billion | $8.67 Billion | ▲ +2.5 pp |
| 2019 | 159.5% | $7.83 Billion | $4.91 Billion | $16.77 Billion | $8.94 Billion | ▼ -503.0 pp |
| 2018 | 662.5% | $6.15 Billion | $928.00 Million | $17.38 Billion | $11.24 Billion | ▲ +556.2 pp |
| 2017 | 106.3% | $32.69 Billion | $30.75 Billion | $43.59 Billion | $10.91 Billion | ▲ +57.0 pp |
| 2016 | 49.3% | $15.67 Billion | $31.77 Billion | $22.98 Billion | $7.31 Billion | ▼ -1.6 pp |
| 2015 | 50.9% | $16.00 Billion | $31.41 Billion | $22.10 Billion | $6.10 Billion | ▲ +9.1 pp |
| 2014 | 41.9% | $16.40 Billion | $39.17 Billion | $22.41 Billion | $6.01 Billion | ▲ +2.1 pp |
| 2013 | 39.7% | $14.34 Billion | $36.09 Billion | $19.55 Billion | $5.21 Billion | ▲ +8.9 pp |
| 2012 | 30.8% | $10.34 Billion | $33.55 Billion | $15.64 Billion | $5.30 Billion | ▼ -2.5 pp |
| 2011 | 33.4% | $9.00 Billion | $26.97 Billion | $14.29 Billion | $5.29 Billion | ▲ +1.4 pp |
| 2010 | 32.0% | $6.67 Billion | $20.86 Billion | $12.13 Billion | $5.47 Billion | ▼ -16.1 pp |
| 2009 | 48.0% | $9.76 Billion | $20.32 Billion | $12.57 Billion | $2.81 Billion | ▼ -4.5 pp |
| 2008 | 52.6% | $9.43 Billion | $17.94 Billion | $11.72 Billion | $2.29 Billion | ▲ +11.1 pp |
| 2007 | 41.4% | $6.56 Billion | $15.84 Billion | $8.82 Billion | $2.26 Billion | ▼ -0.5 pp |
| 2006 | 42.0% | $5.63 Billion | $13.41 Billion | $7.05 Billion | $1.42 Billion | ▼ -18.5 pp |
| 2005 | 60.4% | $6.72 Billion | $11.12 Billion | $7.79 Billion | $1.07 Billion | ▼ -5.1 pp |
| 2004 | 65.5% | $6.33 Billion | $9.66 Billion | $7.23 Billion | $894.00 Million | ▼ -2.1 pp |
| 2003 | 67.7% | $5.14 Billion | $7.60 Billion | $5.95 Billion | $808.20 Million | ▲ +7.6 pp |
| 2002 | 60.1% | $3.27 Billion | $5.44 Billion | $3.94 Billion | $674.99 Million | ▲ +8.3 pp |
| 2001 | 51.8% | $2.53 Billion | $4.90 Billion | $3.05 Billion | $520.99 Million | ▲ +11.2 pp |
| 2000 | 40.6% | $2.26 Billion | $5.56 Billion | $2.73 Billion | $472.29 Million | ▼ -18.1 pp |
| 1999 | 58.7% | $2.10 Billion | $3.58 Billion | $2.98 Billion | $876.38 Million | ▲ +19.1 pp |
| 1998 | 39.6% | $655.61 Million | $1.66 Billion | $1.54 Billion | $881.61 Million | ▼ -18.7 pp |
| 1997 | 58.3% | $982.12 Million | $1.68 Billion | $1.55 Billion | $567.48 Million | ▲ +8.0 pp |
| 1996 | 50.3% | $425.20 Million | $844.90 Million | $751.20 Million | $326.00 Million | ▼ -24.7 pp |
| 1995 | 75.0% | $599.60 Million | $799.60 Million | $704.60 Million | $105.00 Million | ▲ +17.2 pp |
| 1994 | 57.7% | $151.40 Million | $262.20 Million | $220.60 Million | $69.20 Million | ▼ -27.0 pp |
| 1993 | 84.7% | $200.60 Million | $236.70 Million | $241.50 Million | $40.90 Million | ▲ +2.5 pp |
| 1992 | 82.3% | $56.60 Million | $68.80 Million | $86.70 Million | $30.10 Million | ▲ +163.0 pp |
| 1991 | -80.8% | $-2.10 Million | $2.60 Million | $23.40 Million | $25.50 Million | ▼ -120.3 pp |
| 1990 | 39.6% | $3.60 Million | $9.10 Million | $19.50 Million | $15.90 Million | — |