Arthur J. Gallagher Balance Sheet Health
Financial Health criteria checks 5/6
Arthur J. Gallagher has a total shareholder equity of $11.6B and total debt of $8.3B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are $63.0B and $51.4B respectively. Arthur J. Gallagher's EBIT is $2.5B making its interest coverage ratio 8.6. It has cash and short-term investments of $1.4B.
Key information
71.4%
Debt to equity ratio
US$8.28b
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$1.42b |
| Equity | US$11.60b |
| Total liabilities | US$51.41b |
| Total assets | US$63.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ITL's short term assets ($43.3B) exceed its short term liabilities ($41.6B).
Long Term Liabilities: 0ITL's short term assets ($43.3B) exceed its long term liabilities ($9.8B).
Debt to Equity History and Analysis
Debt Level: 0ITL's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: 0ITL's debt to equity ratio has reduced from 89.5% to 71.4% over the past 5 years.
Debt Coverage: 0ITL's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 0ITL's interest payments on its debt are well covered by EBIT (8.6x coverage).