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Interdigital Inc   (IDCC)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates


Interdigital Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Interdigital Inc 's ROA in the fourth quarter of 2023?
Interdigital Inc achieved a return on average assets (ROA) of 15.66 % in its fourth quarter of 2023, this is above IDCC's average return on assets of 5.73%.
Interdigital Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $1,348 million

Despite the company's net income deteriorating, Interdigital Inc was able to improve its ROA compared to the third quarter of 2023.

However, within the Conglomerates sector Interdigital Inc achieved the highest return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 355, from total ROA ranking in the third quarter of 2023 at 502.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -26.43 % -4.08 % 16.32 % 18.25 % 18.07 %
Y / Y Net Income Change 22.12 % 116.63 % 3.44 % 484.73 % 61.54 %
Net Income (TTM) in million 211 204 179 178 92
Return On Assets (TTM) 15.66 % 13.9 % 12.05 % 12.39 % 6.65 %
IDCC's Total Ranking # 355 # 502 # 686 # 692 # 1459
Total Assets (TTM) in million 1,330 1,407 1,331 1,324 1,808
Seq. Total Assets Change -5.45 % 5.71 % 0.53 % -26.78 % 23.27 %
Seq. Net Income Change -17.11 % 121.45 % -79.43 % 223.44 % 47.04 %



Return On Assets Company Ranking
Within: No.
Industry # 1
Sector # 1
Overall # 354

Return On Assets Statistics
High Average Low
20.9 %
5.73 %
-11.72 %
(Dec 31 2016)   (Sep. 30, 2014)





Financial Statements
Interdigital Inc 's Assets $ 1,330 million IDCC's Balance sheet
Interdigital Inc 's Income $ 39 million Quarterly IDCC's Income Statement
IDCC's Income by Division See IDCC's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change -26.43 % 18.07 % 36.78 % -30.56 % -0.89 %
Total Assets in million 1,330 1,808 1,531 1,120 1,612
Y / Y Net Income Change 129.25 % 118.22 % 11.19 % 153.77 % -74.86 %
Net Income in million 211 92 42 38 15
Return On Assets 15.87 % 5.09 % 2.76 % 3.39 % 0.93 %




Comment on IDCC's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 15.87 % compared to prior year, due to annual net income growth of 129.25 % to $211.05 million, and due to decline of value in Interdigital Inc 's assets by -26.43 % to $1,330.19 million, compared to $1,330.19 a year before.


More Return On Assets Ratios
IDCC's' Return on Assets at Yahoo Finance
Conglomerates Industry Return On Assets Trends and Statistics
Conglomerates Sector Roa Statistics
Roa Trends for overall market
IDCC's Roa Ratio versus Conglomerates Industry, Conglomerates Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for IDCC's Competitors
Roa for Interdigital Inc 's Suppliers
Return On Assets for IDCC's Customers

You may also want to know
IDCC's Roi IDCC's Inventory Turnover Ratio IDCC's Growth Rates IDCC's Dividend Comparisons
IDCC's Profitability Ratios IDCC's Asset Turnover Ratio IDCC's Dividend Growth
IDCC's Roe IDCC's Valuation Ratios IDCC's Financial Strength Ratios IDCC's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Conglomerates Sector ROA
Interdigital Inc   11.88 %
Acacia Research Corp  10.12 %
Honeywell International Inc   9.26 %
Heico Corporation  7.51 %
Hamilton Beach Brands Holding Company  6.99 %
Dolby Laboratories Inc   6.46 %
Helen Of Troy Limited  5.59 %
Steel Partners Holdings L p   4.04 %
Dmc Global Inc   3.87 %
Tat Technologies Ltd  3.21 %


Date modified: 2024-02-15T16:07:42+00:00


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