.Liquidity Analysis
Difficulty: Beginner
Liquidity ratios measure the company's ability to meet its short-term obligations.
Ratios (Summary)
Broadcom Inc., liquidity ratios
| Oct 29, 2017 | Oct 30, 2016 | Nov 1, 2015 | Nov 2, 2014 | Nov 3, 2013 | Oct 28, 2012 | ||
|---|---|---|---|---|---|---|---|
| | Current ratio | ||||||
| | Quick ratio | ||||||
| | Cash ratio |
Source: Based on data from Broadcom Inc. Annual Reports
| Ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Broadcom Inc.'s current ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Broadcom Inc.'s quick ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Broadcom Inc.'s cash ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
Current Ratio
Broadcom Inc., current ratio calculation, comparison to benchmarks
| Oct 29, 2017 | Oct 30, 2016 | Nov 1, 2015 | Nov 2, 2014 | Nov 3, 2013 | Oct 28, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||
| | Current assets | ||||||
| | Current liabilities | ||||||
| Ratio | |||||||
| | Current ratio1 | ||||||
| Benchmarks | |||||||
| Current Ratio, Competitors | |||||||
| Apple Inc. | |||||||
| Applied Materials Inc. | |||||||
| Cisco Systems Inc. | |||||||
| HP Inc. | |||||||
| Intel Corp. | |||||||
| NVIDIA Corp. | |||||||
| Qualcomm Inc. | |||||||
| Texas Instruments Inc. | |||||||
| Current Ratio, Sector | |||||||
| Technology Hardware & Equipment | |||||||
| Current Ratio, Industry | |||||||
| Technology | |||||||
Source: Based on data from Broadcom Inc. Annual Reports
2017 Calculations
1 Current ratio = Current assets ÷ Current liabilities
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Broadcom Inc.'s current ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
Quick Ratio
Broadcom Inc., quick ratio calculation, comparison to benchmarks
| Oct 29, 2017 | Oct 30, 2016 | Nov 1, 2015 | Nov 2, 2014 | Nov 3, 2013 | Oct 28, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||
| | Cash and cash equivalents | ||||||
| | Trade accounts receivable, net | ||||||
| | Total quick assets | ||||||
| | Current liabilities | ||||||
| Ratio | |||||||
| | Quick ratio1 | ||||||
| Benchmarks | |||||||
| Quick Ratio, Competitors | |||||||
| Apple Inc. | |||||||
| Applied Materials Inc. | |||||||
| Cisco Systems Inc. | |||||||
| HP Inc. | |||||||
| Intel Corp. | |||||||
| NVIDIA Corp. | |||||||
| Qualcomm Inc. | |||||||
| Texas Instruments Inc. | |||||||
| Quick Ratio, Sector | |||||||
| Technology Hardware & Equipment | |||||||
| Quick Ratio, Industry | |||||||
| Technology | |||||||
Source: Based on data from Broadcom Inc. Annual Reports
2017 Calculations
1 Quick ratio = Total quick assets ÷ Current liabilities
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Broadcom Inc.'s quick ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
Cash Ratio
Broadcom Inc., cash ratio calculation, comparison to benchmarks
| Oct 29, 2017 | Oct 30, 2016 | Nov 1, 2015 | Nov 2, 2014 | Nov 3, 2013 | Oct 28, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||
| | Cash and cash equivalents | ||||||
| | Total cash assets | ||||||
| | Current liabilities | ||||||
| Ratio | |||||||
| | Cash ratio1 | ||||||
| Benchmarks | |||||||
| Cash Ratio, Competitors | |||||||
| Apple Inc. | |||||||
| Applied Materials Inc. | |||||||
| Cisco Systems Inc. | |||||||
| HP Inc. | |||||||
| Intel Corp. | |||||||
| NVIDIA Corp. | |||||||
| Qualcomm Inc. | |||||||
| Texas Instruments Inc. | |||||||
| Cash Ratio, Sector | |||||||
| Technology Hardware & Equipment | |||||||
| Cash Ratio, Industry | |||||||
| Technology | |||||||
Source: Based on data from Broadcom Inc. Annual Reports
2017 Calculations
1 Cash ratio = Total cash assets ÷ Current liabilities
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Broadcom Inc.'s cash ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
