QCOMQualcomm

$163.78

Is it safe?

Can QCOM take a bad year?

Qualcomm carries $4.97B of net debt at 0.42× EBITDA: a load its earnings can carry.

$4.97B

Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.42×

Net debt / EBITDA · 0.35× a year ago · the load is going up

Altman Z-score
7.03

Altman Z-score · safe zone, above 3

Interest cover
14.8×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ3 2026
$13.3B
Cash and short-term investments
$8.30B
Net debt
$4.97B
EBITDA, trailing twelve months
$11.8B
Operating profit, trailing twelve months
$10.2B
Debt / equity
0.48×
Total debt / EBITDA
1.13×
Annualised volatilitytwo years of daily moves
45%
Worst drawdown on file
−44%
Below its 52-week high
−35%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.