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Broadcom (XSGO:AVGOCL) Effective Interest Rate on Debt % : 5.91% (As of Jul. 2024)


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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 Jul. 2024 was CLP3,874,152 Mil. Broadcom's average total debt for the quarter that ended in Jul. 2024 was CLP65,528,780 Mil. Therefore, Broadcom's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2024 was 5.91%.

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.

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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 Premium Member Only Premium Member Only 5.83 4.94 4.77 4.74 4.04

Broadcom Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 4.20 4.32 6.43 5.59 5.91

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  *  -1476474.132/( (37353925.967+35709373.454)/ 2 )
=-1  *  -1476474.132/36531649.7105
=4.04 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36937989.552 + 415936.415
=37353925.967

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34245643.241 + 1463730.213
=35709373.454

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2024 )+Total Debt  (Q: Jul. 2024 ))/ count )
=-1  *  -3874151.608/( (67375283.222+63682277.331)/ 2 )
=-1  *  -3874151.608/65528780.2765
=5.91 %

where

Total Debt  (Q: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=65166943.983 + 2208339.239
=67375283.222

Total Debt  (Q: Jul. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=60804882.305 + 2877395.026
=63682277.331

* 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.

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 (Jul. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Broadcom  (XSGO:AVGOCL) 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

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Broadcom Business Description

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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.

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