InterDigital (IDCC) Minority Interest (2016 - 2023)
InterDigital (IDCC) recorded Minority Interest of $4.35 million in Q3 2023, down 27.7% from $6.02 million a year earlier and down 15.3% from the prior quarter.
InterDigital (IDCC) Minority Interest (2016 - 2023) Analysis & Trends
At the end of FY2022, InterDigital reported Minority Interest of $5.62 million, down 26.8% from FY2021.
- Annual Minority Interest has declined for three straight years, with a five-year compound annual growth rate of -27.1% (FY2017 to FY2022).
- Across earlier years, Minority Interest came in at $7.68 million in FY2021 (-66.9%), $23.2 million in FY2020 (-6.2%), $24.72 million in FY2019 and $1.28 million in FY2018 (-95.3%).
- The Q3 2023 figure is the lowest quarterly Minority Interest since Q4 2018.
- On a year-over-year basis, Minority Interest has declined for 13 consecutive quarters, with an average decline of 39.9% over the last eight quarters.
- Peak year-over-year performance for Minority Interest in the last five years was growth of 8.9% in Q3 2019, against a decline of 95.3% in Q4 2018 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.14 million (Q2 2023), $5.63 million (Q1 2023) and $5.62 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,515.53 Bn | 5,289.69 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,348.76 Bn | 1,974.46 Bn | 27.22 Bn |
| 3 | Broadcom | 1,668.85 Bn | 1,594.89 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,189.94 Bn | 1,128.71 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 992.04 Bn | 948.79 Bn | 6.20 Bn |
| 6 | Asml Holding | 682.73 Bn | 638.57 Bn | 5.90 Bn |
| 7 | Intel | 585.14 Bn | 469.87 Bn | 6.51 Bn |
| 8 | Lam Research | 393.49 Bn | 370.29 Bn | 3.48 Bn |
| 9 | Applied Materials | 386.29 Bn | 351.73 Bn | 4.59 Bn |
| 10 | InterDigital | 8.44 Bn | 3.74 Bn | 225.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 4.35 Mn |
| Jun 30, 2023 | 5.14 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 5.62 Mn |
| Sep 30, 2022 | 6.02 Mn |
| Jun 30, 2022 | 6.48 Mn |
| Mar 31, 2022 | 6.96 Mn |
| Dec 31, 2021 | 7.68 Mn |
| Sep 30, 2021 | 11.05 Mn |
| Jun 30, 2021 | 12.06 Mn |
| Mar 31, 2021 | 20.48 Mn |
| Dec 31, 2020 | 23.20 Mn |
| Sep 30, 2020 | 19.41 Mn |
| Jun 30, 2020 | 21.29 Mn |
| Mar 31, 2020 | 22.95 Mn |
| Dec 31, 2019 | 24.72 Mn |
| Sep 30, 2019 | 21.19 Mn |
| Dec 31, 2018 | 1.28 Mn |
| Sep 30, 2018 | 19.47 Mn |
| Jun 30, 2018 | 22.40 Mn |
InterDigital Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=IDCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "IDCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=IDCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();