Kirsten Spears - Broadcom Principal Accounting Officer

AVGO Stock  USD 1,259  23.64  1.84%   

Executive

Ms. Kirsten M. Spears serves as Chief Accounting Officer, Vice President and Corporationrationrate Controller of the Company since 2016.
Age 60
Tenure 8 years
Address 3421 Hillview Ave, Palo Alto, CA, United States, 94304
Phone650 427 6000
Webhttps://www.broadcom.com
Spears has served as our Chief Accounting Officer since March 2016 and as our Vice President and Corporationrationrationrate Controller since May 2014. Prior to our acquisition of LSI, Ms. Spears served as Vice President and Corporationrationrationrate Controller of LSI. She joined LSI in September of 1997 and held a number of management positions in accounting and reporting before becoming the Corporationrationrationrate Controller in 2007. Before joining LSI, Ms. Spears worked for Price Waterhouse LLP in audit; for Raychem Corporationrationrationration, managing a variety of accounting functions and for Bank of America, managing branch operations.

Broadcom Management Efficiency

The company has return on total asset (ROA) of 0.0765 % which means that it generated a profit of $0.0765 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2475 %, meaning that it created $0.2475 on every $100 dollars invested by stockholders. Broadcom's management efficiency ratios could be used to measure how well Broadcom manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to drop to 0.18. In addition to that, Return On Capital Employed is likely to drop to 0.10. At this time, Broadcom's Other Assets are very stable compared to the past year. As of the 18th of April 2024, Asset Turnover is likely to grow to 0.65, while Net Tangible Assets are likely to drop (26.5 B).
The company currently holds 39.23 B in liabilities with Debt to Equity (D/E) ratio of 1.89, which is about average as compared to similar companies. Broadcom has a current ratio of 2.27, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Broadcom until it has trouble settling it off, either with new capital or with free cash flow. So, Broadcom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Broadcom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadcom to invest in growth at high rates of return. When we think about Broadcom's use of debt, we should always consider it together with cash and equity.

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Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California. Broadcom operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 20000 people. Broadcom (AVGO) is traded on NASDAQ Exchange in USA. It is located in 3421 Hillview Ave, Palo Alto, CA, United States, 94304 and employs 20,000 people. Broadcom is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.

Management Performance

Broadcom Leadership Team

Elected by the shareholders, the Broadcom's board of directors comprises two types of representatives: Broadcom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Broadcom. The board's role is to monitor Broadcom's management team and ensure that shareholders' interests are well served. Broadcom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Broadcom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruno Guilmart, Independent Director
Anthony Maslowski, CFO and Sr. VP
Kenneth Hao, Independent Director
Harry You, Independent Director
Donald Macleod, Independent Director
Justine Page, Independent Director
Ed Redmond, Senior Division
Gayla Delly, Independent Director
Rich Nelson, Senior Group
Lewis Eggebrecht, Independent Director
Diane Bryant, Independent Director
Patricia McCall, VP and General Counsel
Peter Marks, Independent Director
Ji Yoo, Director Relations
Bryan Ingram, Sr. VP and General Manager of Wireless Semiconductor Division
Kirsten Spears, Principal Accounting Officer
Lucien Wong,
Check Low, Independent Director
Greg Fischer, VP Division
Mark Brazeal, Chief Legal Officer
Thomas Krause, VP of Corporate Devel.
Henry Samueli, CTO, Director
Eddy Hartenstein, Independent Director
Frank Ostojic, Senior Division
Charlie Kawwas, Senior Vice President and Chief Sales Officer
James Diller, Independent Chairman of the Board
Jill Turner, Vice Resources
Hock Tan, CEO and President and Executive Director
Justine Lien, Independent Director
Boon Ooi, Sr. VP of Global Operations
Alan Davidson, Chief Officer

Broadcom Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Broadcom a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Broadcom Investors Sentiment

The influence of Broadcom's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Broadcom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Broadcom's public news can be used to forecast risks associated with an investment in Broadcom. The trend in average sentiment can be used to explain how an investor holding Broadcom can time the market purely based on public headlines and social activities around Broadcom. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Broadcom's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Broadcom's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Broadcom's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Broadcom.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Broadcom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Broadcom's short interest history, or implied volatility extrapolated from Broadcom options trading.

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.

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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 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Broadcom Stock analysis

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.