Broadcom Intangible Assets vs Accounts Payable Analysis

AVGO Stock  USD 1,416  3.37  0.24%   
Broadcom financial indicator trend analysis is way more than just evaluating Broadcom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadcom is a good investment. Please check the relationship between Broadcom Intangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadcom Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Broadcom's Intangible Assets and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Broadcom, assuming nothing else is changed. The correlation between historical values of Broadcom's Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Broadcom are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Broadcom's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Broadcom obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Broadcom are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Broadcom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadcom current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.At this time, Broadcom's Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Tax Provision is likely to grow to about 1.2 B, while Discontinued Operations is likely to drop (1.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.7B1.6B1.9B2.0B
Depreciation And Amortization5.0B3.8B4.4B2.8B

Broadcom fundamental ratios Correlations

0.970.890.940.970.810.690.940.250.80.870.990.850.870.920.990.90.990.890.840.850.990.870.910.680.6
0.970.930.980.890.670.750.980.310.690.890.950.920.890.850.980.820.980.850.890.940.990.90.910.70.46
0.890.930.950.80.510.520.860.470.650.950.830.980.950.820.920.710.90.910.980.860.920.960.960.720.19
0.940.980.950.860.620.70.960.320.680.880.920.920.880.850.960.780.960.850.90.950.970.90.90.790.42
0.970.890.80.860.870.580.880.310.790.80.970.770.80.960.950.930.930.850.750.740.930.80.850.680.65
0.810.670.510.620.870.520.680.090.880.550.840.470.550.810.750.940.760.660.480.490.740.530.610.460.8
0.690.750.520.70.580.520.81-0.10.460.510.720.540.510.440.70.590.740.440.490.790.730.530.510.290.51
0.940.980.860.960.880.680.810.230.640.780.950.840.780.820.960.80.960.750.80.950.960.810.810.730.56
0.250.310.470.320.310.09-0.10.230.160.430.180.560.430.450.30.240.220.470.520.180.240.540.460.28-0.35
0.80.690.650.680.790.880.460.640.160.690.790.620.690.760.760.90.770.80.650.50.760.70.730.440.54
0.870.890.950.880.80.550.510.780.430.690.80.931.00.790.890.740.890.930.960.780.890.950.990.550.18
0.990.950.830.920.970.840.720.950.180.790.80.790.80.90.980.910.980.830.770.840.980.80.840.680.69
0.850.920.980.920.770.470.540.840.560.620.930.790.930.780.890.670.870.890.980.840.890.980.940.630.13
0.870.890.950.880.80.550.510.780.430.691.00.80.930.790.890.740.890.930.960.780.890.950.990.550.18
0.920.850.820.850.960.810.440.820.450.760.790.90.780.790.910.880.870.880.770.690.880.810.860.760.53
0.990.980.920.960.950.750.70.960.30.760.890.980.890.890.910.880.990.890.870.880.990.890.920.70.53
0.90.820.710.780.930.940.590.80.240.90.740.910.670.740.880.880.870.790.670.660.860.720.780.560.64
0.990.980.90.960.930.760.740.960.220.770.890.980.870.890.870.990.870.880.870.891.00.880.920.660.56
0.890.850.910.850.850.660.440.750.470.80.930.830.890.930.880.890.790.880.920.660.880.940.960.560.29
0.840.890.980.90.750.480.490.80.520.650.960.770.980.960.770.870.670.870.920.790.880.960.960.590.11
0.850.940.860.950.740.490.790.950.180.50.780.840.840.780.690.880.660.890.660.790.90.790.790.740.38
0.990.990.920.970.930.740.730.960.240.760.890.980.890.890.880.990.861.00.880.880.90.890.920.680.54
0.870.90.960.90.80.530.530.810.540.70.950.80.980.950.810.890.720.880.940.960.790.890.960.590.16
0.910.910.960.90.850.610.510.810.460.730.990.840.940.990.860.920.780.920.960.960.790.920.960.610.25
0.680.70.720.790.680.460.290.730.280.440.550.680.630.550.760.70.560.660.560.590.740.680.590.610.39
0.60.460.190.420.650.80.510.56-0.350.540.180.690.130.180.530.530.640.560.290.110.380.540.160.250.39
Click cells to compare fundamentals

Broadcom Account Relationship Matchups

Broadcom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.9B75.6B73.2B72.9B83.8B88.0B
Short Long Term Debt Total41.1B39.7B39.5B39.2B45.1B47.4B
Other Current Liab2.1B2.3B2.7B3.7B4.2B4.4B
Total Current Liabilities6.4B6.3B7.1B7.4B8.5B8.9B
Total Stockholder Equity23.9B25.0B22.7B24.0B27.6B29.0B
Current Deferred Revenue2.6B2.6B2.9B935M1.1B823.8M
Net Debt33.4B27.6B27.1B25.0B28.8B30.2B
Accounts Payable836M1.1B998M1.2B1.4B696.3M
Cash7.6B12.2B12.4B14.2B16.3B17.1B
Non Current Assets Total64.0B59.0B54.7B52.0B59.8B62.8B
Non Currrent Assets Other1.3B1.8B1.8B2.3B2.7B2.8B
Cash And Short Term Investments7.6B12.2B12.4B14.2B16.3B17.1B
Net Receivables2.3B2.1B3.0B3.2B3.6B3.8B
Good Will43.4B43.5B43.6B43.7B50.2B52.7B
Common Stock Shares Outstanding421M429M423M427M491.1M359.4M
Liabilities And Stockholders Equity75.9B75.6B73.2B72.9B83.8B88.0B
Non Current Liabilities Total45.7B44.3B43.5B41.5B47.7B50.1B
Inventory1.0B1.3B1.9B1.9B2.2B2.3B
Other Current Assets977M1.1B1.2B1.6B1.8B1.9B
Other Stockholder Equity24.0B24.3B21.2B21.1B24.3B25.5B
Total Liab52.0B50.6B50.5B48.9B56.2B59.0B
Total Current Assets11.9B16.6B18.5B20.8B24.0B25.2B
Accumulated Other Comprehensive Income(108M)(116M)(54M)207M186.3M195.6M
Short Term Debt827M290M440M1.6B1.8B1.9B
Intangible Assets16.8B11.4B7.1B3.9B4.4B6.8B
Other Liab5.6B4.9B4.9B4.4B5.1B3.6B
Other Assets743M711M1.8B1.8B2.1B2.2B
Long Term Debt40.2B39.4B39.1B37.6B43.3B45.4B
Property Plant Equipment2.6B3.1B2.3B2.2B2.6B1.7B
Short Long Term Debt827M290M440M1.6B1.4B969.9M
Net Tangible Assets(29.3B)(36.4B)(29.8B)(28.0B)(25.2B)(26.5B)
Non Current Liabilities Other5.4B4.9B4.4B3.8B4.4B4.1B
Net Invested Capital64.9B64.7B62.2B63.2B72.7B62.0B

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When determining whether Broadcom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadcom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadcom Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.
Note that the Broadcom information on this page should be used as a complementary analysis to other Broadcom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Broadcom's price analysis, check to measure Broadcom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.
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Is Broadcom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadcom. If investors know Broadcom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.881
Dividend Share
19.7
Earnings Share
26.97
Revenue Per Share
91.771
Quarterly Revenue Growth
0.164
The market value of Broadcom is measured differently than its book value, which is the value of Broadcom that is recorded on the company's balance sheet. Investors also form their own opinion of Broadcom's value that differs from its market value or its book value, called intrinsic value, which is Broadcom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadcom's market value can be influenced by many factors that don't directly affect Broadcom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.