Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Broadcom Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Nov 3, 2024 Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019
Accounts payable 1,662 1,210 998 1,086 836 855
Employee compensation and benefits 1,971 935 1,202 1,066 877 641
Current portion of long-term debt 1,271 1,608 440 290 827 2,787
Contract liabilities 9,395 2,487 2,931 2,619 2,620 1,501
Tax liabilities 720 473 680 541 440 229
Interest payable 535 380 393 282
Other 1,143 312 408 397 771 886
Other current liabilities 11,793 3,652 4,412 3,839 3,831 2,616
Current liabilities 16,697 7,405 7,052 6,281 6,371 6,899
Long-term debt, excluding current portion 66,295 37,621 39,075 39,440 40,235 30,011
Contract liabilities 5,100 299 410 566 823 307
Deferred tax liabilities 4,703 99
Unrecognized tax benefits, interest and penalties 3,669 2,792 3,229 3,407 3,185 3,269
Other 1,503 657 774 887 1,418 2,037
Other long-term liabilities 14,975 3,847 4,413 4,860 5,426 5,613
Long-term liabilities 81,270 41,468 43,488 44,300 45,661 35,624
Total liabilities 97,967 48,873 50,540 50,581 52,032 42,523
Preferred stock dividend obligation 27 27 29
Preferred stock, $0.001 par value; none issued and outstanding
Common stock, $0.001 par value 5 4
Additional paid-in capital 67,466 21,095 21,159 24,330 23,982 25,081
Retained earnings 2,682 1,604 748
Accumulated other comprehensive income (loss) 207 207 (54) (116) (108) (140)
Stockholders’ equity 67,678 23,988 22,709 24,962 23,874 24,941
Total liabilities and equity 165,645 72,861 73,249 75,570 75,933 67,493

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Broadcom Inc. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Broadcom Inc. long-term liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Broadcom Inc. total liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Broadcom Inc. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.