.Long-term Debt and Solvency Analysis Quarterly Data
Difficulty: Beginner
Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.
Ratios (Summary)
Broadcom Inc., debt and solvency ratios (quarterly data)
| 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 | Nov 3, 2013 | Aug 4, 2013 | May 5, 2013 | Feb 3, 2013 | Oct 28, 2012 | Jul 29, 2012 | Apr 29, 2012 | Jan 29, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | Debt to equity | ||||||||||||||||||||||||||
| | Debt to capital | ||||||||||||||||||||||||||
| | Interest coverage |
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Broadcom Inc.'s debt-to-equity ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Broadcom Inc.'s debt-to-capital ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Broadcom Inc.'s interest coverage ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Equity
Broadcom Inc., debt to equity calculation (quarterly data)
| 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 | Nov 3, 2013 | Aug 4, 2013 | May 5, 2013 | Feb 3, 2013 | Oct 28, 2012 | Jul 29, 2012 | Apr 29, 2012 | Jan 29, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||||||||||||||||||||||
| | Current portion of long-term debt | ||||||||||||||||||||||||||
| | Convertible notes payable to related party, non-current | ||||||||||||||||||||||||||
| | Long-term debt | ||||||||||||||||||||||||||
| | Total debt | ||||||||||||||||||||||||||
| | Total Broadcom Inc. stockholders’ equity | ||||||||||||||||||||||||||
| Ratio | |||||||||||||||||||||||||||
| | Debt to equity1 | ||||||||||||||||||||||||||
Q2 2018 Calculations
1 Debt to equity = Total debt ÷ Total Broadcom Inc. stockholders’ equity
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Broadcom Inc.'s debt-to-equity ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Capital
Broadcom Inc., debt to capital calculation (quarterly data)
| 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 | Nov 3, 2013 | Aug 4, 2013 | May 5, 2013 | Feb 3, 2013 | Oct 28, 2012 | Jul 29, 2012 | Apr 29, 2012 | Jan 29, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||||||||||||||||||||||
| | Current portion of long-term debt | ||||||||||||||||||||||||||
| | Convertible notes payable to related party, non-current | ||||||||||||||||||||||||||
| | Long-term debt | ||||||||||||||||||||||||||
| | Total debt | ||||||||||||||||||||||||||
| | Total Broadcom Inc. stockholders’ equity | ||||||||||||||||||||||||||
| | Total capital | ||||||||||||||||||||||||||
| Ratio | |||||||||||||||||||||||||||
| | Debt to capital1 | ||||||||||||||||||||||||||
Q2 2018 Calculations
1 Debt to capital = Total debt ÷ Total capital
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Broadcom Inc.'s debt-to-capital ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Interest Coverage
Broadcom Inc., interest coverage calculation (quarterly data)
| 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 | Nov 3, 2013 | Aug 4, 2013 | May 5, 2013 | Feb 3, 2013 | Oct 28, 2012 | Jul 29, 2012 | Apr 29, 2012 | Jan 29, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | |||||||||||||||||||||||||||
| | Net income (loss) attributable to common stock | ||||||||||||||||||||||||||
| | Add: Net income attributable to noncontrolling interest | ||||||||||||||||||||||||||
| | Less: Income (loss) from discontinued operations, net of income taxes | ||||||||||||||||||||||||||
| | Add: Income tax expense | ||||||||||||||||||||||||||
| | Add: Interest expense | ||||||||||||||||||||||||||
| | Earnings before interest and tax (EBIT) | ||||||||||||||||||||||||||
| Ratio | |||||||||||||||||||||||||||
| | Interest coverage1 | ||||||||||||||||||||||||||
Q2 2018 Calculations
1 Interest coverage
= (EBITQ2 2018
+ EBITQ1 2018
+ EBITQ4 2017
+ EBITQ3 2017)
÷ (Interest expenseQ2 2018
+ Interest expenseQ1 2018
+ Interest expenseQ4 2017
+ Interest expenseQ3 2017)
= ( + + + )
÷ ( + + + )
=
| Ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Broadcom Inc.'s interest coverage ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
