Stock Analysis on Net
Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level

Liquidity Ratios (Summary)

Broadcom Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Nov 4, 2018 Aug 5, 2018 May 6, 2018 Feb 4, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014 Feb 2, 2014
Current ratio 2.04 2.15 1.56 1.44 1.32 1.26 1.27 3.90 3.98 5.87 5.70 6.26 4.48 4.13 3.46 2.31 2.22 2.52 4.61 3.37 3.33 4.50 4.85 3.77 4.09 4.89 5.11
Quick ratio 1.72 1.88 1.30 1.21 1.09 1.04 1.05 3.26 3.27 5.15 4.84 5.40 3.55 3.18 2.58 1.71 1.52 1.47 3.75 2.54 2.27 3.60 3.89 2.35 1.99 3.84 3.94
Cash ratio 1.32 1.39 0.83 0.73 0.66 0.63 0.61 1.84 1.89 3.85 3.59 4.43 2.46 2.17 1.67 1.01 0.72 0.77 2.52 1.63 1.42 2.77 3.04 1.58 1.36 3.07 3.05

Based on: 10-Q (filing date: 2020-09-11), 10-Q (filing date: 2020-06-12), 10-Q (filing date: 2020-03-13), 10-K (filing date: 2019-12-20), 10-Q (filing date: 2019-09-13), 10-Q (filing date: 2019-06-14), 10-Q (filing date: 2019-03-15), 10-K (filing date: 2018-12-21), 10-Q (filing date: 2018-09-13), 10-Q (filing date: 2018-06-14), 10-Q (filing date: 2018-03-15), 10-K (filing date: 2017-12-21), 10-Q (filing date: 2017-09-07), 10-Q (filing date: 2017-06-08), 10-Q (filing date: 2017-03-09), 10-K (filing date: 2016-12-23), 10-Q (filing date: 2016-09-08), 10-Q (filing date: 2016-06-09), 10-Q (filing date: 2016-03-10), 10-K (filing date: 2015-12-17), 10-Q (filing date: 2015-09-10), 10-Q (filing date: 2015-06-10), 10-Q (filing date: 2015-03-11), 10-K (filing date: 2014-12-29), 10-Q (filing date: 2014-09-12), 10-Q (filing date: 2014-06-10), 10-Q (filing date: 2014-03-13).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Broadcom Inc.’s current ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Broadcom Inc.’s quick ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Broadcom Inc.’s cash ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Current Ratio

Broadcom Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Nov 4, 2018 Aug 5, 2018 May 6, 2018 Feb 4, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014 Feb 2, 2014
Selected Financial Data (US$ in millions)
Current assets 13,681  14,222  12,109  9,917  10,898  10,677  10,604  9,107  8,695  12,474  11,220  15,823  9,943  8,468  7,350  7,125  6,048  6,687  3,971  3,775  3,169  4,076  4,098  3,835  3,840  2,034  1,859 
Current liabilities 6,702  6,601  7,739  6,899  8,282  8,503  8,349  2,338  2,187  2,124  1,970  2,529  2,218  2,052  2,122  3,078  2,728  2,651  862  1,119  952  906  845  1,016  940  416  364 
Liquidity Ratio
Current ratio1 2.04 2.15 1.56 1.44 1.32 1.26 1.27 3.90 3.98 5.87 5.70 6.26 4.48 4.13 3.46 2.31 2.22 2.52 4.61 3.37 3.33 4.50 4.85 3.77 4.09 4.89 5.11
Benchmarks
Current Ratio, Competitors2
Advanced Micro Devices Inc. 2.10 2.21 1.95 2.10 2.08 2.08 1.78 1.76 1.66 1.62 1.76 1.70 1.73 1.82 1.88 1.92 1.59 1.68 1.65 1.70 1.75 1.93
Analog Devices Inc. 1.47 1.30 1.08 1.32 1.35 1.52 2.34 1.50 1.58 1.53 1.76 1.47 1.99 1.38 8.91 6.35 6.97 6.76 7.82 3.66 3.92 3.79 6.01
Apple Inc. 1.47 1.50 1.60 1.54 1.50 1.32 1.30 1.12 1.31 1.46 1.24 1.28 1.39 1.39 1.23 1.35 1.31 1.28 1.00 1.11 1.09 1.16 1.13 1.08 1.47 1.63 1.49
Applied Materials Inc. 2.86 2.67 2.36 2.30 2.65 2.79 2.72 2.64 2.52 2.60 2.96 3.14 2.91 2.93 2.39 2.30 2.50 2.58 3.00 2.44 2.33 2.76 2.75 2.47 2.41 2.40 2.43
Cisco Systems Inc. 1.59 1.81 1.70 1.51 1.69 1.80 2.11 2.29 2.34 2.43 2.87 3.03 3.52 3.67 3.58 3.16 3.27 3.29 3.35 3.23 2.98 3.39 3.31
Intel Corp. 1.97 1.74 1.40 1.20 1.48 1.54 1.73 1.51 1.57 1.58 1.69 1.60 2.16 1.69 1.75 1.80 1.67 1.56 2.58 2.40 1.97 1.76
Lam Research Corp. 4.47 3.30 3.59 3.61 3.37 3.39 2.66 2.90 2.64 2.47 3.31 3.10 3.22 3.20 3.86 3.81 2.96 3.00 2.86 2.38 3.49 2.88 2.93
Micron Technology Inc. 2.89 2.74 2.56 2.58 2.79 2.25 2.90 2.79 2.63 2.58 2.39 2.34 2.14 1.91 1.71 1.96 2.25 2.00 2.11 2.20 2.19 2.41 2.19 2.13 2.04 1.88 2.08
NVIDIA Corp. 8.42 8.65 8.98 7.94 7.08 7.41 8.54 8.03 8.26 7.82 8.26 4.77 4.07 2.56 2.44 2.57 6.82 5.99 6.60 6.38 5.72 6.19 5.87
Qualcomm Inc. 1.97 1.57 1.76 1.88 1.77 1.55 1.54 1.55 2.73 3.60 3.41 4.00 2.95 1.67 1.97 3.14 3.07 2.87 3.13 3.62 4.26 3.36 3.55 3.73 3.72 3.56 3.87
Texas Instruments Inc. 3.92 3.49 4.13 4.34 3.01 3.68 3.27 3.97 6.54 4.62 3.87 3.89 4.00 4.39 3.29 3.31 3.36 2.75 2.77 2.92 2.52 3.36

Based on: 10-Q (filing date: 2020-09-11), 10-Q (filing date: 2020-06-12), 10-Q (filing date: 2020-03-13), 10-K (filing date: 2019-12-20), 10-Q (filing date: 2019-09-13), 10-Q (filing date: 2019-06-14), 10-Q (filing date: 2019-03-15), 10-K (filing date: 2018-12-21), 10-Q (filing date: 2018-09-13), 10-Q (filing date: 2018-06-14), 10-Q (filing date: 2018-03-15), 10-K (filing date: 2017-12-21), 10-Q (filing date: 2017-09-07), 10-Q (filing date: 2017-06-08), 10-Q (filing date: 2017-03-09), 10-K (filing date: 2016-12-23), 10-Q (filing date: 2016-09-08), 10-Q (filing date: 2016-06-09), 10-Q (filing date: 2016-03-10), 10-K (filing date: 2015-12-17), 10-Q (filing date: 2015-09-10), 10-Q (filing date: 2015-06-10), 10-Q (filing date: 2015-03-11), 10-K (filing date: 2014-12-29), 10-Q (filing date: 2014-09-12), 10-Q (filing date: 2014-06-10), 10-Q (filing date: 2014-03-13).

1 Q3 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 13,681 ÷ 6,702 = 2.04

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Broadcom Inc.’s current ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Quick Ratio

Broadcom Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Nov 4, 2018 Aug 5, 2018 May 6, 2018 Feb 4, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014 Feb 2, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 8,857  9,207  6,444  5,055  5,462  5,328  5,093  4,292  4,136  8,187  7,076  11,204  5,249  4,254  3,536  3,097  1,961  2,041  2,169  1,822  1,354  2,508  2,569  1,604  1,277  1,278  1,112 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  200  200  —  —  —  —  —  —  —  —  —  —  —  —  — 
Trade accounts receivable, net 2,684  3,211  3,651  3,259  3,539  3,484  3,677  3,325  3,010  2,749  2,459  2,448  2,417  2,073  1,947  2,181  2,181  1,857  1,060  1,019  809  758  718  782  590  319  323 
Total quick assets 11,541  12,418  10,095  8,314  9,001  8,812  8,770  7,617  7,146  10,936  9,535  13,652  7,866  6,527  5,483  5,278  4,142  3,898  3,229  2,841  2,163  3,266  3,287  2,386  1,867  1,597  1,435 
 
Current liabilities 6,702  6,601  7,739  6,899  8,282  8,503  8,349  2,338  2,187  2,124  1,970  2,529  2,218  2,052  2,122  3,078  2,728  2,651  862  1,119  952  906  845  1,016  940  416  364 
Liquidity Ratio
Quick ratio1 1.72 1.88 1.30 1.21 1.09 1.04 1.05 3.26 3.27 5.15 4.84 5.40 3.55 3.18 2.58 1.71 1.52 1.47 3.75 2.54 2.27 3.60 3.89 2.35 1.99 3.84 3.94
Benchmarks
Quick Ratio, Competitors2
Advanced Micro Devices Inc. 1.46 1.55 1.43 1.40 1.36 1.38 1.21 1.21 1.12 1.05 1.07 1.04 1.01 1.05 1.17 1.29 1.03 0.92 0.94 0.97 1.08 1.30
Analog Devices Inc. 1.05 0.87 0.70 0.85 0.88 1.03 1.55 1.04 1.11 1.09 1.24 1.09 1.45 1.25 8.37 5.79 6.27 6.07 7.01 3.14 3.36 3.26 5.18
Apple Inc. 1.31 1.30 1.44 1.38 1.35 1.13 1.14 0.99 1.10 1.24 1.11 1.09 1.22 1.20 1.05 1.22 1.13 1.10 0.82 0.89 0.84 0.87 0.85 0.82 1.18 1.32 1.23
Applied Materials Inc. 1.76 1.75 1.45 1.38 1.57 1.63 1.63 1.62 1.59 1.75 2.19 2.34 2.17 2.23 1.71 1.66 1.73 1.74 2.06 1.77 1.57 1.86 1.85 1.71 1.63 1.58 1.53
Cisco Systems Inc. 1.46 1.64 1.54 1.39 1.56 1.67 1.97 2.11 2.22 2.33 2.76 2.92 3.40 3.56 3.46 3.05 3.01 3.03 3.09 2.97 2.73 3.08 3.03
Intel Corp. 1.48 1.22 0.93 0.75 0.92 1.00 1.11 0.95 0.96 1.06 1.13 1.13 1.67 1.04 1.07 1.13 1.18 1.10 1.92 1.65 1.31 1.15
Lam Research Corp. 3.60 2.62 2.94 2.90 2.73 2.54 1.93 2.26 2.17 2.04 2.77 2.62 2.73 2.73 3.42 3.34 2.47 2.50 2.38 1.96 2.88 2.24 2.35
Micron Technology Inc. 1.98 1.81 1.74 1.74 1.84 1.62 2.12 2.13 2.04 2.03 1.80 1.72 1.52 1.30 1.19 1.34 1.57 1.36 1.46 1.54 1.62 1.76 1.56 1.55 1.47 1.38 1.49
NVIDIA Corp. 7.61 7.62 7.64 6.66 6.10 6.57 7.70 7.26 7.29 6.87 7.31 4.26 3.68 2.29 2.22 2.36 6.16 5.36 5.94 5.69 5.14 5.59 5.28
Qualcomm Inc. 1.57 1.33 1.54 1.65 1.54 1.33 1.30 1.33 2.41 3.40 3.20 3.75 2.66 1.40 1.61 2.85 2.78 2.58 2.75 3.16 3.83 2.86 3.13 3.32 3.36 3.19 3.50
Texas Instruments Inc. 2.84 2.54 3.04 3.19 2.13 2.56 2.20 2.81 4.56 2.97 2.55 2.44 2.37 2.74 2.10 2.11 1.95 1.68 1.72 1.69 1.48 2.06

Based on: 10-Q (filing date: 2020-09-11), 10-Q (filing date: 2020-06-12), 10-Q (filing date: 2020-03-13), 10-K (filing date: 2019-12-20), 10-Q (filing date: 2019-09-13), 10-Q (filing date: 2019-06-14), 10-Q (filing date: 2019-03-15), 10-K (filing date: 2018-12-21), 10-Q (filing date: 2018-09-13), 10-Q (filing date: 2018-06-14), 10-Q (filing date: 2018-03-15), 10-K (filing date: 2017-12-21), 10-Q (filing date: 2017-09-07), 10-Q (filing date: 2017-06-08), 10-Q (filing date: 2017-03-09), 10-K (filing date: 2016-12-23), 10-Q (filing date: 2016-09-08), 10-Q (filing date: 2016-06-09), 10-Q (filing date: 2016-03-10), 10-K (filing date: 2015-12-17), 10-Q (filing date: 2015-09-10), 10-Q (filing date: 2015-06-10), 10-Q (filing date: 2015-03-11), 10-K (filing date: 2014-12-29), 10-Q (filing date: 2014-09-12), 10-Q (filing date: 2014-06-10), 10-Q (filing date: 2014-03-13).

1 Q3 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 11,541 ÷ 6,702 = 1.72

2 Click competitor name to see calculations.

Liquidity 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 improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Cash Ratio

Broadcom Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019 Feb 3, 2019 Nov 4, 2018 Aug 5, 2018 May 6, 2018 Feb 4, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Nov 1, 2015 Aug 2, 2015 May 3, 2015 Feb 1, 2015 Nov 2, 2014 Aug 3, 2014 May 4, 2014 Feb 2, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 8,857  9,207  6,444  5,055  5,462  5,328  5,093  4,292  4,136  8,187  7,076  11,204  5,249  4,254  3,536  3,097  1,961  2,041  2,169  1,822  1,354  2,508  2,569  1,604  1,277  1,278  1,112 
Short-term investments —  —  —  —  —  —  —  —  —  —  —  —  200  200  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total cash assets 8,857  9,207  6,444  5,055  5,462  5,328  5,093  4,292  4,136  8,187  7,076  11,204  5,449  4,454  3,536  3,097  1,961  2,041  2,169  1,822  1,354  2,508  2,569  1,604  1,277  1,278  1,112 
 
Current liabilities 6,702  6,601  7,739  6,899  8,282  8,503  8,349  2,338  2,187  2,124  1,970  2,529  2,218  2,052  2,122  3,078  2,728  2,651  862  1,119  952  906  845  1,016  940  416  364 
Liquidity Ratio
Cash ratio1 1.32 1.39 0.83 0.73 0.66 0.63 0.61 1.84 1.89 3.85 3.59 4.43 2.46 2.17 1.67 1.01 0.72 0.77 2.52 1.63 1.42 2.77 3.04 1.58 1.36 3.07 3.05
Benchmarks
Cash Ratio, Competitors2
Advanced Micro Devices Inc. 0.73 0.70 0.64 0.65 0.63 0.68 0.58 0.56 0.53 0.62 0.80 0.55 0.58 0.69 0.94 0.85 0.61 0.54 0.56 0.52 0.59 0.70
Analog Devices Inc. 0.65 0.50 0.37 0.43 0.41 0.52 0.71 0.58 0.58 0.56 0.67 0.66 0.83 1.14 7.78 5.18 5.60 5.48 6.38 2.72 2.93 2.88 4.54
Apple Inc. 0.98 0.98 1.05 0.95 1.05 0.85 0.80 0.57 0.80 0.98 0.67 0.74 0.94 0.91 0.72 0.85 0.86 0.81 0.50 0.52 0.53 0.56 0.44 0.40 0.82 0.96 0.76
Applied Materials Inc. 1.11 1.20 0.87 0.81 0.94 1.00 0.98 0.99 0.92 1.17 1.69 1.77 1.65 1.65 1.09 1.03 1.10 1.01 1.35 1.31 0.91 1.20 1.22 1.12 1.04 0.98 0.92
Cisco Systems Inc. 1.10 1.23 1.14 1.05 1.24 1.37 1.61 1.72 1.90 2.08 2.44 2.56 2.99 3.16 3.06 2.64 2.65 2.65 2.67 2.56 2.34 2.65 2.60
Intel Corp. 1.15 0.87 0.59 0.48 0.61 0.64 0.70 0.67 0.70 0.81 0.80 0.85 1.38 0.81 0.84 0.88 0.95 0.86 1.62 1.38 1.03 0.94
Lam Research Corp. 2.56 1.83 2.27 2.29 2.19 1.68 1.28 1.57 1.64 1.46 2.22 2.05 2.13 2.19 2.90 2.82 1.94 2.01 1.90 1.55 2.28 1.69 1.81
Micron Technology Inc. 1.40 1.28 1.20 1.24 1.24 1.02 1.07 1.18 1.20 1.31 1.11 1.02 0.84 0.75 0.75 0.91 1.11 0.91 0.90 0.90 1.06 1.09 0.96 0.94 0.90 0.85 0.86
NVIDIA Corp. 6.62 6.44 6.60 5.58 4.72 5.43 6.60 6.16 6.15 5.69 6.31 3.80 3.27 2.03 2.00 2.14 5.53 4.81 5.43 5.16 4.54 5.05 4.84
Qualcomm Inc. 1.34 1.02 1.24 1.37 1.32 0.98 0.98 1.08 2.22 3.13 2.94 3.42 2.28 0.98 1.35 2.55 2.50 2.33 2.54 2.84 3.51 2.52 2.78 2.92 3.01 2.82 3.25
Texas Instruments Inc. 2.29 1.99 2.54 2.52 1.59 1.89 1.71 2.15 3.50 2.19 1.98 1.68 1.59 1.90 1.54 1.45 1.28 1.16 1.26 1.09 1.04 1.45

Based on: 10-Q (filing date: 2020-09-11), 10-Q (filing date: 2020-06-12), 10-Q (filing date: 2020-03-13), 10-K (filing date: 2019-12-20), 10-Q (filing date: 2019-09-13), 10-Q (filing date: 2019-06-14), 10-Q (filing date: 2019-03-15), 10-K (filing date: 2018-12-21), 10-Q (filing date: 2018-09-13), 10-Q (filing date: 2018-06-14), 10-Q (filing date: 2018-03-15), 10-K (filing date: 2017-12-21), 10-Q (filing date: 2017-09-07), 10-Q (filing date: 2017-06-08), 10-Q (filing date: 2017-03-09), 10-K (filing date: 2016-12-23), 10-Q (filing date: 2016-09-08), 10-Q (filing date: 2016-06-09), 10-Q (filing date: 2016-03-10), 10-K (filing date: 2015-12-17), 10-Q (filing date: 2015-09-10), 10-Q (filing date: 2015-06-10), 10-Q (filing date: 2015-03-11), 10-K (filing date: 2014-12-29), 10-Q (filing date: 2014-09-12), 10-Q (filing date: 2014-06-10), 10-Q (filing date: 2014-03-13).

1 Q3 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 8,857 ÷ 6,702 = 1.32

2 Click competitor name to see calculations.

Liquidity 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 improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.