Broadcom Balance Sheet Health
Financial Health criteria checks 4/6
Broadcom has a total shareholder equity of $70.3B and total debt of $75.8B, which brings its debt-to-equity ratio to 107.9%. Its total assets and total liabilities are $177.9B and $107.6B respectively. Broadcom's EBIT is $15.4B making its interest coverage ratio 9.6. It has cash and short-term investments of $11.9B.
Key information
107.9%
Debt to equity ratio
US$75.80b
Debt
Interest coverage ratio | 9.6x |
Cash | US$11.86b |
Equity | US$70.28b |
Total liabilities | US$107.59b |
Total assets | US$177.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVGO's short term assets ($27.2B) exceed its short term liabilities ($20.4B).
Long Term Liabilities: AVGO's short term assets ($27.2B) do not cover its long term liabilities ($87.2B).
Debt to Equity History and Analysis
Debt Level: AVGO's net debt to equity ratio (91%) is considered high.
Reducing Debt: AVGO's debt to equity ratio has reduced from 159.6% to 107.9% over the past 5 years.
Debt Coverage: AVGO's debt is well covered by operating cash flow (24.9%).
Interest Coverage: AVGO's interest payments on its debt are well covered by EBIT (9.6x coverage).