Broadcom (Broadcom) Effective Interest Rate on Debt % : 6.43% (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Broadcom Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Broadcom's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $3,704.00 Mil. Broadcom's average total debt for the quarter that ended in Jan. 2024 was $57,565.00 Mil. Therefore, Broadcom's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 6.43%.

Broadcom Effective Interest Rate on Debt % Historical Data

The historical data trend for Broadcom's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Broadcom Effective Interest Rate on Debt % Chart

Broadcom Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.74

4.81

4.67

4.38

4.12

Broadcom Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.12	4.12	4.13	4.12	6.43

Competitive Comparison of Broadcom's Effective Interest Rate on Debt %

For the Semiconductors subindustry, Broadcom's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Broadcom's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Broadcom's Effective Interest Rate on Debt % falls into.

Broadcom Effective Interest Rate on Debt % Calculation

Broadcom's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2022 )	+	Total Debt (A: Oct. 2023 ))	/ count )
=	-1 * -1622	/	( (39515	+	39229)	/ 2 )
=	-1 * -1622	/	39372
=	4.12 %

where

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39075	+	440
=	39515

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37621	+	1608
=	39229

Broadcom's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -3704	/	( (39229	+	75901)	/ 2 )
=	-1 * -3704	/	57565
=	6.43 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37621	+	1608
=	39229

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	73468	+	2433
=	75901

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Broadcom (NAS:AVGOP.PFD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Broadcom Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Broadcom's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Broadcom (Broadcom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Broadcom Inc (NAS:AVGOP.PFD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AVGO:USA AVGON:Mexico 1AVGO:Italy 1YDd:UK 1YD:Germany AVGO:Canada AVGO34:Brazil

Address

3421 Hillview Avenue, Palo Alto, CA, USA, 94304

Website

https://www.broadcom.com

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.