Baldwin Insurance Group Balance Sheet Health
Financial Health criteria checks 3/6
Baldwin Insurance Group has a total shareholder equity of $1.1B and total debt of $1.3B, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are $3.5B and $2.4B respectively. Baldwin Insurance Group's EBIT is $64.1M making its interest coverage ratio 0.5. It has cash and short-term investments of $112.1M.
Key information
122.9%
Debt to equity ratio
US$1.32b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$112.11m |
| Equity | US$1.07b |
| Total liabilities | US$2.44b |
| Total assets | US$3.51b |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) As Its Stock Soars 26%
May 26
BRP Group, Inc.'s (NASDAQ:BRP) 33% Jump Shows Its Popularity With Investors
Mar 05Why Investors Shouldn't Be Surprised By BRP Group, Inc.'s (NASDAQ:BRP) P/S
Jul 15BRP Group acquires National Health Plans & Benefits Agency
Aug 01BRP Group to acquire RogersGray to expand footprint in New England
Jun 14BRP subsidiary upsizes and prices senior term loan facility
May 28BRP Group EPS beats by $0.25
May 05Breakeven Is Near for BRP Group, Inc. (NASDAQ:BRP)
Apr 28BRP to acquire Seniors' Insurance Services
Apr 26Financial Position Analysis
Short Term Liabilities: BWIN's short term assets ($951.1M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: BWIN's short term assets ($951.1M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: BWIN's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: BWIN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BWIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BWIN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.7% per year.