Broadcom Total Current Assets vs Inventory Analysis

0YXG Stock

163.75 0.28 0.17%

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 Total Current Assets and its Inventory 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Broadcom Stock please use our How to Invest in Broadcom guide.

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadcom Total Current Assets account and Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Broadcom's Total Current Assets and Inventory is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Broadcom, assuming nothing else is changed. The correlation between historical values of Broadcom's Total Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Broadcom are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., Broadcom's Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Inventory

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Broadcom Stock please use our How to Invest in Broadcom guide.Tax Provision is likely to gain to about 35 M in 2024, whereas Discontinued Operations is likely to drop (7.2 M) in 2024.

	2020	2022	2023	2024 (projected)
Total Revenue	33.2B	35.8B	41.2B	43.3B
Depreciation And Amortization	5.0B	3.7B	4.3B	3.8B

Total Revenue Depreciation And Amortization

Broadcom fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Term Investments	Short Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.97	0.91	1.0	0.98	0.98	0.2	0.77	0.75	0.99	0.44	0.7	0.75	0.91	1.0	1.0	0.75	0.73	1.0	1.0	0.75	0.66	-0.98	-0.14	1.0	1.0
Other Current Liab	0.97		0.9	0.97	0.93	0.93	0.08	0.79	0.78	0.94	0.49	0.77	0.78	0.94	0.98	0.98	0.84	0.73	0.96	0.97	0.78	0.54	-0.95	-0.14	0.97	0.97
Total Current Liabilities	0.91	0.9		0.94	0.87	0.84	0.28	0.83	0.93	0.88	0.72	0.89	0.93	0.92	0.92	0.94	0.8	0.93	0.89	0.9	0.93	0.42	-0.97	0.15	0.92	0.92
Total Stockholder Equity	1.0	0.97	0.94		0.98	0.97	0.24	0.79	0.78	0.98	0.49	0.73	0.78	0.92	1.0	1.0	0.76	0.77	0.99	0.99	0.78	0.63	-0.98	-0.08	1.0	1.0
Property Plant And Equipment Net	0.98	0.93	0.87	0.98		1.0	0.24	0.66	0.65	1.0	0.31	0.59	0.65	0.83	0.98	0.97	0.62	0.65	0.99	0.99	0.65	0.78	-0.96	-0.18	0.99	0.99
Net Debt	0.98	0.93	0.84	0.97	1.0		0.21	0.63	0.61	1.0	0.26	0.55	0.61	0.81	0.97	0.96	0.61	0.6	0.99	0.98	0.61	0.8	-0.94	-0.25	0.98	0.98
Retained Earnings	0.2	0.08	0.28	0.24	0.24	0.21		0.19	0.22	0.22	0.2	0.13	0.22	0.14	0.19	0.21	0.0	0.31	0.21	0.19	0.22	0.2	-0.23	0.3	0.21	0.21
Accounts Payable	0.77	0.79	0.83	0.79	0.66	0.63	0.19		0.89	0.68	0.82	0.87	0.89	0.95	0.78	0.79	0.95	0.88	0.72	0.75	0.89	0.05	-0.74	0.3	0.76	0.74
Cash	0.75	0.78	0.93	0.78	0.65	0.61	0.22	0.89		0.68	0.92	0.99	1.0	0.9	0.76	0.79	0.87	0.99	0.7	0.73	1.0	0.07	-0.82	0.36	0.75	0.75
Non Current Assets Total	0.99	0.94	0.88	0.98	1.0	1.0	0.22	0.68	0.68		0.34	0.62	0.68	0.85	0.99	0.98	0.65	0.67	1.0	0.99	0.68	0.75	-0.97	-0.19	0.99	0.99
Non Currrent Assets Other	0.44	0.49	0.72	0.49	0.31	0.26	0.2	0.82	0.92	0.34		0.92	0.92	0.72	0.46	0.5	0.79	0.92	0.37	0.41	0.92	-0.32	-0.53	0.58	0.44	0.44
Other Assets	0.7	0.77	0.89	0.73	0.59	0.55	0.13	0.87	0.99	0.62	0.92		0.99	0.88	0.71	0.75	0.9	0.95	0.64	0.68	0.99	-0.01	-0.78	0.34	0.7	0.7
Cash And Short Term Investments	0.75	0.78	0.93	0.78	0.65	0.61	0.22	0.89	1.0	0.68	0.92	0.99		0.9	0.76	0.79	0.87	0.99	0.7	0.73	1.0	0.07	-0.82	0.36	0.75	0.75
Net Receivables	0.91	0.94	0.92	0.92	0.83	0.81	0.14	0.95	0.9	0.85	0.72	0.88	0.9		0.92	0.93	0.95	0.87	0.88	0.9	0.9	0.29	-0.89	0.1	0.91	0.9
Good Will	1.0	0.98	0.92	1.0	0.98	0.97	0.19	0.78	0.76	0.99	0.46	0.71	0.76	0.92		1.0	0.77	0.74	0.99	1.0	0.76	0.63	-0.97	-0.13	1.0	1.0
Common Stock Shares Outstanding	1.0	0.98	0.94	1.0	0.97	0.96	0.21	0.79	0.79	0.98	0.5	0.75	0.79	0.93	1.0		0.77	0.78	0.99	0.99	0.79	0.61	-0.98	-0.09	1.0	1.0
Inventory	0.75	0.84	0.8	0.76	0.62	0.61	0.0	0.95	0.87	0.65	0.79	0.9	0.87	0.95	0.77	0.77		0.81	0.7	0.74	0.87	0.01	-0.73	0.16	0.74	0.72
Other Current Assets	0.73	0.73	0.93	0.77	0.65	0.6	0.31	0.88	0.99	0.67	0.92	0.95	0.99	0.87	0.74	0.78	0.81		0.69	0.71	0.99	0.09	-0.81	0.42	0.74	0.74
Other Stockholder Equity	1.0	0.96	0.89	0.99	0.99	0.99	0.21	0.72	0.7	1.0	0.37	0.64	0.7	0.88	0.99	0.99	0.7	0.69		1.0	0.7	0.71	-0.97	-0.18	1.0	1.0
Total Liab	1.0	0.97	0.9	0.99	0.99	0.98	0.19	0.75	0.73	0.99	0.41	0.68	0.73	0.9	1.0	0.99	0.74	0.71	1.0		0.73	0.67	-0.97	-0.16	1.0	1.0
Total Current Assets	0.75	0.78	0.93	0.78	0.65	0.61	0.22	0.89	1.0	0.68	0.92	0.99	1.0	0.9	0.76	0.79	0.87	0.99	0.7	0.73		0.07	-0.82	0.36	0.75	0.75
Intangible Assets	0.66	0.54	0.42	0.63	0.78	0.8	0.2	0.05	0.07	0.75	-0.32	-0.01	0.07	0.29	0.63	0.61	0.01	0.09	0.71	0.67	0.07		-0.61	-0.49	0.66	0.68
Common Stock	-0.98	-0.95	-0.97	-0.98	-0.96	-0.94	-0.23	-0.74	-0.82	-0.97	-0.53	-0.78	-0.82	-0.89	-0.97	-0.98	-0.73	-0.81	-0.97	-0.97	-0.82	-0.61		0.08	-0.98	-0.98
Short Term Investments	-0.14	-0.14	0.15	-0.08	-0.18	-0.25	0.3	0.3	0.36	-0.19	0.58	0.34	0.36	0.1	-0.13	-0.09	0.16	0.42	-0.18	-0.16	0.36	-0.49	0.08		-0.13	-0.13
Short Long Term Debt Total	1.0	0.97	0.92	1.0	0.99	0.98	0.21	0.76	0.75	0.99	0.44	0.7	0.75	0.91	1.0	1.0	0.74	0.74	1.0	1.0	0.75	0.66	-0.98	-0.13		1.0
Non Current Liabilities Total	1.0	0.97	0.92	1.0	0.99	0.98	0.21	0.74	0.75	0.99	0.44	0.7	0.75	0.9	1.0	1.0	0.72	0.74	1.0	1.0	0.75	0.68	-0.98	-0.13	1.0

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Broadcom Account Relationship Matchups

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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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Broadcom Total Current Assets vs Inventory Analysis

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

Correlation Coefficient

Total Current Assets

Inventory

Broadcom fundamental ratios Correlations

Broadcom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Assets

Non Current Liabilities Total	- 0.98	Common Stock
Short Long Term Debt Total	- 0.98	Common Stock
Common Stock	- 0.98	Common Stock Shares Outstanding
Common Stock	- 0.98	Total Stockholder Equity
Common Stock	- 0.98	Total Assets
Common Stock	- 0.97	Total Liab