Broadcom Inc (AVGO)

Debt-to-capital ratio

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Long-term debt	US$ in thousands	73,590,000	33,181,000	35,072,000	35,573,000	35,565,000	33,014,000	40,958,000	40,958,000	39,205,000	41,235,000	40,178,000	40,160,000	41,068,000	40,235,000	43,201,000	45,044,000	42,407,000	30,011,000	34,028,000	34,011,000
Total stockholders’ equity	US$ in thousands	70,284,000	23,988,000	22,079,000	22,007,000	23,310,000	22,709,000	20,903,000	20,990,000	22,994,000	24,989,000	24,367,000	23,966,000	23,999,000	23,901,000	23,585,000	23,970,000	24,396,000	24,941,000	21,503,000	22,172,000
Debt-to-capital ratio		0.51	0.58	0.61	0.62	0.60	0.59	0.66	0.66	0.63	0.62	0.62	0.63	0.63	0.63	0.65	0.65	0.63	0.55	0.61	0.61

February 4, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $73,590,000K ÷ ($73,590,000K + $70,284,000K)
= 0.51

Broadcom Inc's debt-to-capital ratio has shown some fluctuations over the past few periods, ranging from 0.51 to 0.66. The ratio measures the proportion of the company's capital that is funded by debt, with a higher ratio indicating higher financial leverage and potential risk.

The trend in Broadcom's debt-to-capital ratio seems to have peaked around 0.66 in recent periods, before stabilizing around 0.62 to 0.63. This suggests that the company has been utilizing a significant amount of debt in its capital structure, but has also been managing it within a certain range.

Overall, Broadcom's debt-to-capital ratio indicates a moderate level of leverage, which may require monitoring to ensure that the company can service its debt obligations effectively while also optimizing its capital structure for growth and profitability.