Brown & Brown Balance Sheet Health
Financial Health criteria checks 4/6
Brown & Brown has a total shareholder equity of $6.5B and total debt of $3.6B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are $17.5B and $11.0B respectively. Brown & Brown's EBIT is $1.3B making its interest coverage ratio 12.5. It has cash and short-term investments of $968.0M.
Key information
55.4%
Debt to equity ratio
US$3.59b
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$968.00m |
| Equity | US$6.48b |
| Total liabilities | US$11.05b |
| Total assets | US$17.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRO *'s short term assets ($7.5B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: BRO *'s short term assets ($7.5B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: BRO *'s net debt to equity ratio (40.5%) is considered high.
Reducing Debt: BRO *'s debt to equity ratio has increased from 47.3% to 55.4% over the past 5 years.
Debt Coverage: BRO *'s debt is well covered by operating cash flow (31.1%).
Interest Coverage: BRO *'s interest payments on its debt are well covered by EBIT (12.5x coverage).