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Broadcom Ltd  (NAS:AVGO) Cash-to-Debt: 0.40 (As of Jul. 2017)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Broadcom Ltd's cash to debt ratio for the quarter that ended in Jul. 2017 was 0.40.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Broadcom Ltd couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2017.

NAS:AVGO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Max: No Debt
Current: 0.4

During the past 10 years, Broadcom Ltd's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 0.70.

NAS:AVGO's Cash-to-Debt is ranked lower than
77% of the 855 Companies
in the Global industry.

( Industry Median: 1.62 vs. NAS:AVGO: 0.40 )

Historical Data

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

* Premium members only.

Broadcom Ltd Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 366.67 10,000.00 0.29 0.47 0.23

Broadcom Ltd Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.23 0.26 0.33 0.40

Competitive Comparison
* 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.


Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Broadcom Ltd's Cash to Debt Ratio for the fiscal year that ended in Oct. 2016 is calculated as:

Broadcom Ltd's Cash to Debt Ratio for the quarter that ended in Jul. 2017 is calculated as:

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


Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


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