[expand title=”More Actionable Insights” swaptitle=”Close”]
The above graph represents the Qualcomm cash on hand by quarter, starting from fiscal Q1 1996 to Q3 2020. The company’s total cash on hand includes cash, cash equivalents and marketable securities or short/long term investments during a quarter. The company has a total of $10,600 million cash in reserve as of June 28, 2020. That’s a strong decline of 26.2% YoY, but a modest increase of 6.6% QoQ.
Surge in Qualcomm Cash Pile: History
|Source||Qualcomm SEC Filings|
|Note||Qualcomm fiscal year starts from October 1st|
Interestingly, Qualcomm’s total cash on hand reached an all-time high of $39,571 million during fiscal Q2 2018, representing an astonishing 296.4% YoY growth.
The semiconductor giant reported over $1 billion cash in reserves for the first time in fourth quarter of fiscal 1999. Qualcomm cash reserves skyrocketed 432.3% YoY, from just $303 million in fiscal Q4 1998 to $1,614 million in fiscal Q4 1999.
Interestingly, in just 4 years, Qualcomm cash pile surged to $5 billion; the company reported an appreciable 46.6% YoY surge in its cash pile, reaching $5,067 million in fiscal Q1 2004. The addition of another $5 billion in cash pile were reported in fiscal Q4 2009, taking the total count to $11,069 million.
It is important to note that Qualcomm’s cash pile hit a new record of $37,308 million by the end of September 30, 2017, with an outstanding increase of 100.1% YoY.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.