Broadcom Property Plant And Equipment Gross vs Total Stockholder Equity Analysis

AVGO Stock  USD 163.94  0.69  0.42%   
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 Property Plant And Equipment Gross and its Total Stockholder Equity 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 price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.

Property Plant And Equipment Gross vs Total Stockholder Equity

Property Plant And Equipment Gross vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadcom Property Plant And Equipment Gross account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Broadcom's Property Plant And Equipment Gross and Total Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Broadcom, assuming nothing else is changed. The correlation between historical values of Broadcom's Property Plant And Equipment Gross and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Broadcom are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Gross i.e., Broadcom's Property Plant And Equipment Gross and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 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 22nd of November 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 Outstanding4.2B4.3B4.2B4.3B4.9B3.6B
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

Pair Trading with Broadcom

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Broadcom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Broadcom will appreciate offsetting losses from the drop in the long position's value.

Moving together with Broadcom Stock

  0.7ASX ASE Industrial HoldingPairCorr

Moving against Broadcom Stock

  0.62ASYS Amtech Systems Fiscal Year End 12th of December 2024 PairCorr
  0.45ICG Intchains GroupPairCorr
The ability to find closely correlated positions to Broadcom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadcom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Broadcom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Broadcom to buy it.
The correlation of Broadcom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Broadcom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadcom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Broadcom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 closely tied 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.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Semiconductors & Semiconductor Equipment space 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
2.105
Earnings Share
1.24
Revenue Per Share
10.429
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.