Broadcom Balance Sheet Health
Financial Health criteria checks 4/6
Broadcom has a total shareholder equity of $70.0B and total debt of $73.9B, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are $175.2B and $105.3B respectively. Broadcom's EBIT is $14.7B making its interest coverage ratio 6.5. It has cash and short-term investments of $9.8B.
Key information
105.7%
Debt to equity ratio
US$73.94b
Debt
Interest coverage ratio | 6.5x |
Cash | US$9.81b |
Equity | US$69.96b |
Total liabilities | US$105.25b |
Total assets | US$175.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVGO's short term assets ($25.3B) exceed its short term liabilities ($20.2B).
Long Term Liabilities: AVGO's short term assets ($25.3B) do not cover its long term liabilities ($85.1B).
Debt to Equity History and Analysis
Debt Level: AVGO's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: AVGO's debt to equity ratio has reduced from 169.3% to 105.7% over the past 5 years.
Debt Coverage: AVGO's debt is well covered by operating cash flow (25.6%).
Interest Coverage: AVGO's interest payments on its debt are well covered by EBIT (6.5x coverage).