Broadcom Inc (AVGO)
Financial leverage ratio
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 165,645,000 | 72,861,000 | 73,249,000 | 75,570,000 | 75,933,000 |
| Total stockholders’ equity | US$ in thousands | 67,678,000 | 23,988,000 | 22,709,000 | 24,989,000 | 23,901,000 |
| Financial leverage ratio | 2.45 | 3.04 | 3.23 | 3.02 | 3.18 |
November 3, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $165,645,000K ÷ $67,678,000K
= 2.45
Broadcom Inc's financial leverage ratio has exhibited fluctuations over the past five years. The ratio decreased from 3.18 in November 2020 to 3.02 in October 2021, indicating a reduction in financial leverage. However, there was a subsequent increase to 3.23 in October 2022, suggesting a higher level of financial leverage. This was followed by a decline to 3.04 in October 2023, indicating a slight decrease in leverage. The most recent data point in November 2024 shows a further decrease to 2.45, signifying a significant reduction in financial leverage compared to the previous year. Overall, the trend in the financial leverage ratio for Broadcom Inc demonstrates variability, with fluctuations observed across the five-year period.
Peer comparison
Nov 3, 2024