Broadcom Inc. (AVGO) Balance Sheet

NASDAQ: AVGOAssets, liabilities, debt and equity over 10 years.

AVGO balance sheet, FY2025

October 31, 2025 · U.S. dollars

$171.09B assets = $89.80B liabilities + $81.29B equity

Both columns are drawn to the same scale: what AVGO owns equals what it owes plus shareholders’ equity. Hover a block for its value.

AVGO financial health

Current ratio1.71

Comfortable · current assets cover current liabilities 1.71×

Debt / equity0.80

Moderate leverage · $0.80 of debt for each $1 of equity

Equity / assets47.5%

Equity-funded · of assets funded by shareholders

Cash / debt24.8%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles76.0%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

AVGO balance sheet trends, FY2016–FY2025

Broadcom Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$49.97BFY2016	$171.09BFY2025	+14.7%/yr
Total liabilities	$28.09BFY2016	$89.80BFY2025	+13.8%/yr
Shareholders’ equity	$21.88BFY2016	$81.29BFY2025	+15.7%/yr
Cash & short-term investments	$3.10BFY2016	$16.18BFY2025	+20.2%/yr
Total debt	$13.64BFY2016	$65.14BFY2025	+19.0%/yr
Net cash (debt)	−$10.54BFY2016	−$48.96BFY2025	−$38.4B
Working capital	$4.05BFY2016	$13.06BFY2025	+$9.0B
Book value per share	$5.71FY2016	$16.75FY2025	+12.7%/yr
Current ratio	2.31FY2016	1.71FY2025	−0.61
Debt / equity	0.62FY2016	0.80FY2025	+0.18
Shares outstanding	3.83BFY2016	4.85BFY2025	+2.7%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

AVGO assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

AVGO liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

AVGO debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

AVGO balance sheet

Broadcom Inc. annual balance sheet
	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Assets
Cash & short-term investments	$16.18B	$9.35B	$14.19B	$12.42B	$12.16B	$7.62B	$5.05B	$4.29B	$11.20B	$3.10B
Cash & equivalents	$16.18B	$9.35B	$14.19B	$12.42B	$12.16B	$7.62B	$5.05B	$4.29B	$11.20B	$3.10B
Receivables	$12.15B	$6.33B	$3.15B	$2.96B	$2.07B	$2.30B	$3.26B	$3.33B	$2.45B	$2.18B
Inventory	$2.27B	$1.76B	$1.90B	$1.93B	$1.30B	$1.00B	$874.0M	$1.12B	$1.45B	$1.40B
Other current assets	$975.0M	$2.15B	$1.61B	$1.21B	$1.05B	$977.0M	$729.0M	$366.0M	$724.0M	$447.0M
Total current assets	$31.57B	$19.59B	$20.85B	$18.50B	$16.59B	$11.89B	$9.92B	$9.11B	$15.82B	$7.12B
Property, plant & equipment (net)	$2.53B	$2.52B	$2.15B	$2.22B	$2.35B	$2.51B	$2.56B	$2.63B	$2.60B	$2.51B
Goodwill & intangible assets	$130.07B	$138.46B	$47.52B	$50.73B	$54.82B	$60.23B	$54.27B	$37.67B	$35.54B	$39.80B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$6.92B	$5.07B	$2.34B	$1.80B	$1.81B	$1.30B	$743.0M	$707.0M	$458.0M	$532.0M
Total assets	$171.09B	$165.65B	$72.86B	$73.25B	$75.57B	$75.93B	$67.49B	$50.12B	$54.42B	$49.97B
Liabilities
Accounts payable	$1.56B	$1.66B	$1.21B	$998.0M	$1.09B	$836.0M	$855.0M	$811.0M	$1.10B	$1.26B
Short-term debt	$3.15B	$1.27B	$1.61B	$440.0M	$290.0M	$827.0M	$2.79B	$551.0M	$117.0M	$454.0M
Deferred revenue	$9.47B	$9.39B	$935.0M	$2.93B	$2.62B	$2.62B	$1.50B	$164.0M	—	$517.0M
Total current liabilities	$18.51B	$16.70B	$7.41B	$7.05B	$6.28B	$6.37B	$6.90B	$2.34B	$2.53B	$3.08B
Long-term debt	$61.98B	$66.28B	$37.62B	$39.08B	$39.44B	$40.23B	$30.01B	$17.49B	$17.43B	$13.19B
Lease obligations	$0	$39.0M	$49.0M	$59.0M	$65.0M	—	—	—	—	—
Other long-term liabilities	$9.30B	$14.99B	$3.85B	$4.41B	$4.86B	$5.43B	$5.61B	$3.64B	$11.27B	$11.82B
Total liabilities	$89.80B	$97.97B	$48.87B	$50.54B	$50.58B	$52.03B	$42.52B	$23.47B	$31.23B	$28.09B
Shareholders' equity
Common stock & paid-in capital	$5.0M	$5.0M	$4.0M	—	—	—	—	$23.29B	$20.50B	$19.24B
Retained earnings (deficit)	$9.76B	$0	$2.68B	$1.60B	$748.0M	$0	$0	$3.49B	−$129.0M	−$215.0M
Accumulated other comprehensive income	$218.0M	$207.0M	$207.0M	−$54.0M	−$116.0M	−$108.0M	−$140.0M	−$115.0M	−$91.0M	−$134.0M
Total shareholders' equity	$81.29B	$67.68B	$23.99B	$22.71B	$24.99B	$23.90B	$24.97B	$26.66B	$23.19B	$21.88B
Key figures
Total debt	$65.14B	$67.57B	$39.23B	$39.52B	$39.73B	$41.06B	$32.80B	$17.49B	$17.55B	$13.64B
Net cash (debt)	−$48.96B	−$58.22B	−$25.04B	−$27.10B	−$27.57B	−$33.44B	−$27.74B	−$13.20B	−$6.34B	−$10.54B
Working capital	$13.06B	$2.90B	$13.44B	$11.45B	$10.30B	$5.52B	$3.02B	$6.77B	$13.29B	$4.05B
Tangible book value	−$48.78B	−$70.78B	−$23.53B	−$28.02B	−$29.84B	−$36.33B	−$29.30B	−$11.02B	−$12.35B	−$17.92B
Book value per share	$16.75	$14.16	$5.62	$5.37	$5.82	$5.68	$5.96	$6.18	$5.51	$5.71
Shares outstanding	4.85B	4.78B	4.27B	4.23B	4.29B	4.21B	4.19B	4.31B	4.21B	3.83B
Current ratio	1.71	1.17	2.82	2.62	2.64	1.87	1.44	3.90	6.26	2.31
Quick ratio	1.53	0.94	2.34	2.18	2.27	1.56	1.21	3.26	5.40	1.71
Debt / equity	0.80	1.00	1.64	1.74	1.59	1.72	1.31	0.66	0.76	0.62
Equity / assets	47.5%	40.9%	32.9%	31.0%	33.1%	31.5%	37.0%	53.2%	42.6%	43.8%

Broadcom Inc. quarterly balance sheet
	Jul '26	Apr '26	Jan '26	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24	Apr '24	Jan '24	Oct '23
Assets
Cash & short-term investments	$23.98B	$19.63B	$14.17B	$16.18B	$10.72B	$9.47B	$9.31B	$9.35B	$9.95B	$9.81B	$11.86B	$14.19B
Cash & equivalents	$23.98B	$19.63B	$14.17B	$16.18B	$10.72B	$9.47B	$9.31B	$9.35B	$9.95B	$9.81B	$11.86B	$14.19B
Receivables	$13.71B	$16.75B	$14.00B	$12.15B	$10.65B	$8.80B	$7.68B	$6.33B	$6.22B	$5.50B	$4.97B	$3.15B
Inventory	$4.52B	$4.33B	$2.96B	$2.27B	$2.18B	$2.02B	$1.91B	$1.76B	$1.89B	$1.84B	$1.92B	$1.90B
Other current assets	$9.97B	$1.51B	$930.0M	$975.0M	$1.45B	$1.90B	$2.10B	$2.15B	$1.88B	$8.15B	$8.44B	$1.61B
Total current assets	$52.17B	$42.21B	$32.06B	$31.57B	$25.00B	$22.18B	$20.99B	$19.59B	$19.95B	$25.30B	$27.19B	$20.85B
Property, plant & equipment (net)	$3.14B	$2.79B	$2.60B	$2.53B	$2.45B	$2.46B	$2.46B	$2.52B	$2.60B	$2.67B	$2.66B	$2.15B
Goodwill & intangible assets	$124.13B	$126.13B	$128.10B	$130.07B	$132.15B	$134.19B	$136.45B	$138.46B	$140.91B	$143.28B	$144.77B	$47.52B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$8.71B	$8.02B	$7.14B	$6.92B	$6.03B	$5.79B	$5.45B	$5.07B	$4.51B	$3.96B	$3.25B	$2.34B
Total assets	$188.15B	$179.16B	$169.90B	$171.09B	$165.62B	$164.63B	$165.36B	$165.65B	$167.97B	$175.21B	$177.87B	$72.86B
Liabilities
Accounts payable	$4.00B	$2.34B	$2.11B	$1.56B	$1.43B	$1.30B	$1.91B	$1.66B	$1.76B	$1.44B	$1.50B	$1.21B
Short-term debt	$2.25B	$2.25B	$2.25B	$3.15B	$1.40B	$5.53B	$5.65B	$1.27B	$3.21B	$2.43B	$2.43B	$1.61B
Deferred revenue	—	$10.04B	$9.19B	$9.47B	$10.30B	$10.30B	$9.91B	$9.39B	$9.79B	$10.52B	$9.59B	$935.0M
Total current liabilities	$20.84B	$18.86B	$16.86B	$18.51B	$16.70B	$20.60B	$20.91B	$16.70B	$19.22B	$20.17B	$20.37B	$7.41B
Long-term debt	$57.17B	$62.66B	$63.80B	$61.98B	$62.82B	$61.74B	$60.91B	$66.28B	$66.78B	$71.57B	$73.43B	$37.62B
Lease obligations	—	—	—	$0	$10.0M	$11.0M	$22.0M	$39.0M	$61.0M	$73.0M	$98.0M	$49.0M
Other long-term liabilities	$10.45B	$9.95B	$9.37B	$9.30B	$12.82B	$12.70B	$13.74B	$14.99B	$16.31B	$13.51B	$13.79B	$3.85B
Total liabilities	$88.46B	$91.47B	$90.03B	$89.80B	$92.34B	$95.04B	$95.57B	$97.97B	$102.31B	$105.25B	$107.59B	$48.87B
Shareholders' equity
Common stock & paid-in capital	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	$5.0M	—	—	—
Retained earnings (deficit)	$22.15B	$12.17B	$6.52B	$9.76B	$4.04B	$2.69B	$2.73B	$0	−$1.88B	$0	$0	$2.68B
Accumulated other comprehensive income	$204.0M	$208.0M	$212.0M	$218.0M	$221.0M	$206.0M	$207.0M	$207.0M	$208.0M	$207.0M	$207.0M	$207.0M
Total shareholders' equity	$99.69B	$87.69B	$79.87B	$81.29B	$73.28B	$69.59B	$69.79B	$67.68B	$65.65B	$69.96B	$70.28B	$23.99B
Key figures
Total debt	$59.42B	$64.91B	$66.06B	$65.14B	$64.23B	$67.28B	$66.58B	$67.57B	$69.96B	$74.02B	$75.90B	$39.23B
Net cash (debt)	−$35.44B	−$45.28B	−$51.88B	−$48.96B	−$53.51B	−$57.81B	−$57.27B	−$58.22B	−$60.01B	−$64.21B	−$64.04B	−$25.04B
Working capital	$31.34B	$23.35B	$15.20B	$13.06B	$8.29B	$1.58B	$80.0M	$2.90B	$726.0M	$5.13B	$6.82B	$13.44B
Tangible book value	−$24.44B	−$38.44B	−$48.23B	−$48.78B	−$58.87B	−$64.61B	−$66.67B	−$70.78B	−$75.26B	−$73.32B	−$74.49B	−$23.53B
Book value per share	$20.40	$17.98	$16.34	$16.63	$15.08	$14.42	$14.43	$14.02	$14.08	$14.58	$15.05	$5.62
Shares outstanding	4.89B	4.88B	4.89B	4.89B	4.86B	4.83B	4.84B	4.83B	4.66B	4.80B	4.67B	4.27B
Current ratio	2.50	2.24	1.90	1.71	1.50	1.08	1.00	1.17	1.04	1.25	1.33	2.82
Quick ratio	1.81	1.93	1.67	1.53	1.28	0.89	0.81	0.94	0.84	0.76	0.83	2.34
Debt / equity	0.60	0.74	0.83	0.80	0.88	0.97	0.95	1.00	1.07	1.06	1.08	1.64
Equity / assets	53.0%	48.9%	47.0%	47.5%	44.2%	42.3%	42.2%	40.9%	39.1%	39.9%	39.5%	32.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 18, 2025); data from EODHD.

AVGO financial position

At the end of fiscal 2025 (October 31, 2025), Broadcom had total assets of $171.1 billion (up 3.3% from a year earlier), total liabilities of $89.8 billion and shareholders' equity of $81.3 billion. It held $16.2 billion in cash and short-term investments against $65.1 billion of debt, net debt of $49.0 billion. Its current ratio was 1.71. In the latest quarter (ended July 31, 2026) total assets were $188.1 billion and equity $99.7 billion.

Related: AVGO income statement, AVGO cash flow statement, AVGO key metrics. See the AVGO stock overview for the latest quote and news.

AVGO balance sheet FAQ

What are Broadcom's total assets?

Broadcom reported total assets of $171.1 billion at the end of fiscal 2025 (October 31, 2025), compared with $165.6 billion a year earlier.

How much debt does Broadcom have?

Broadcom had $65.1 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.80.

How much cash does Broadcom have?

Broadcom held $16.2 billion in cash and short-term investments at the end of fiscal 2025; with $65.1 billion of debt that is net debt of $49.0 billion.

What is Broadcom's book value?

Broadcom's shareholders' equity (book value) was $81.3 billion at the end of fiscal 2025, or $16.75 per share.

What is Broadcom's current ratio?

Broadcom had current assets of $31.6 billion and current liabilities of $18.5 billion, a current ratio of 1.71 (it can cover its short-term obligations).

How much goodwill does Broadcom have?

Broadcom carried $130.1 billion of goodwill and intangible assets, 76.0% of total assets, at the end of fiscal 2025.