Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

$24.99

Current Ratio
since 2009

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Broadcom Inc., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).

1 US$ in millions


The analysis of the financial data over the observed periods reveals notable fluctuations in the company's liquidity position as represented by current assets, current liabilities, and the resulting current ratio.

Current Assets
There is a general upward trend in current assets over the years. Starting at US$864 million, current assets increased substantially with some variability, reaching US$31,573 million in the latest period. Significant growth periods include the jumps around 2016 to 2017 and from 2024 to 2025, indicating considerable accumulation of liquid and short-term assets.
Current Liabilities
Current liabilities also exhibited a rising trend but with less consistency than assets. From US$633 million initially, liabilities decreased and remained relatively low through the early periods before sharply increasing from 2015 onward. The most pronounced rise is observed in the last two reported periods, where liabilities surged to US$18,514 million. This rapid increase in obligations suggests a higher short-term debt or payables burden in recent years.
Current Ratio
The current ratio fluctuated significantly over the timeframe, reflecting the interplay between current assets and liabilities. Early periods show an increasing ratio, peaking at 6.26, which implies strong liquidity and a conservative working capital management approach. However, more recent years have seen the ratio decline toward values closer to or below 2.00, and notably 1.17 at one point, suggesting tighter liquidity conditions and potentially increased financial risk. The ratio's drop in conjunction with surging liabilities highlights a shift toward greater short-term financial commitments relative to liquid assets.

In summary, while both current assets and liabilities have increased over time, the acceleration in current liabilities in recent years has outpaced asset growth, leading to a compression of the current ratio. This shift indicates a movement from a more comfortable liquidity position earlier in the decade to one where current obligations constitute a larger proportion of short-term assets, warranting closer monitoring of working capital and liquidity risk management.


Comparison to Competitors

Broadcom Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Broadcom Inc., current ratio, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).


Comparison to Industry (Information Technology)

Broadcom Inc., current ratio, long-term trends, comparison to industry (information technology)

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).