Broadcom Balance Sheet Health
Financial Health criteria checks 4/6
Broadcom has a total shareholder equity of $65.7B and total debt of $69.9B, which brings its debt-to-equity ratio to 106.5%. Its total assets and total liabilities are $168.0B and $102.3B respectively. Broadcom's EBIT is $14.8B making its interest coverage ratio 5.1. It has cash and short-term investments of $10.0B.
Key information
106.5%
Debt to equity ratio
US$69.90b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$9.95b |
| Equity | US$65.65b |
| Total liabilities | US$102.32b |
| Total assets | US$167.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1YDD's short term assets ($19.9B) exceed its short term liabilities ($19.2B).
Long Term Liabilities: 1YDD's short term assets ($19.9B) do not cover its long term liabilities ($83.1B).
Debt to Equity History and Analysis
Debt Level: 1YDD's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: 1YDD's debt to equity ratio has reduced from 174.7% to 106.5% over the past 5 years.
Debt Coverage: 1YDD's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 1YDD's interest payments on its debt are well covered by EBIT (5.1x coverage).