Brown & Brown Balance Sheet Health
Financial Health criteria checks 4/6
Brown & Brown has a total shareholder equity of $5.8B and total debt of $3.9B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $14.8B and $9.0B respectively. Brown & Brown's EBIT is $1.2B making its interest coverage ratio 9.7. It has cash and short-term investments of $591.0M.
Key information
67.1%
Debt to equity ratio
US$3.88b
Debt
Interest coverage ratio | 9.7x |
Cash | US$591.00m |
Equity | US$5.79b |
Total liabilities | US$9.02b |
Total assets | US$14.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTW's short term assets ($5.0B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: BTW's short term assets ($5.0B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: BTW's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: BTW's debt to equity ratio has increased from 48.3% to 67.1% over the past 5 years.
Debt Coverage: BTW's debt is well covered by operating cash flow (24.8%).
Interest Coverage: BTW's interest payments on its debt are well covered by EBIT (9.7x coverage).