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LT-Debt-to-Total-Asset
0.12 (As of Sep. 2015)

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's long-term debt divide by its total assets. Broadcom Corp's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.12.

Broadcom Corp's long-term debt to total assets ratio declined from Sep. 2014 (0.13) to Sep. 2015 (0.12). It may suggest that Broadcom Corp is progressively becoming less dependent on debt to grow their business.

Definition

Broadcom Corp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

 LT Debt to Total Assets (A: Dec. 2014 ) = Long-Term Debt (A: Dec. 2014 ) / Total Assets (A: Dec. 2014 ) = 1593 / 12471 = 0.13

Broadcom Corp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

 LT Debt to Total Assets (Q: Sep. 2015 ) = Long-Term Debt (Q: Sep. 2015 ) / Total Assets (Q: Sep. 2015 ) = 1594 / 13235 = 0.12

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.