Arthur J. Gallagher Balance Sheet Health
Financial Health criteria checks 5/6
Arthur J. Gallagher has a total shareholder equity of $10.8B and total debt of $8.0B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are $51.6B and $40.8B respectively. Arthur J. Gallagher's EBIT is $2.3B making its interest coverage ratio 7.7. It has cash and short-term investments of $971.5M.
Key information
73.7%
Debt to equity ratio
US$7.97b
Debt
Interest coverage ratio | 7.7x |
Cash | US$971.50m |
Equity | US$10.82b |
Total liabilities | US$40.80b |
Total assets | US$51.62b |
Recent financial health updates
No updates
Recent updates
Arthur J. Gallagher (NYSE:AJG) Is Increasing Its Dividend To $0.60
Feb 28Arthur J. Gallagher (NYSE:AJG) Is Paying Out A Larger Dividend Than Last Year
Feb 13Arthur J. Gallagher's (NYSE:AJG) Dividend Will Be Increased To $0.60
Jan 30Arthur J. Gallagher & Co.'s (NYSE:AJG) Share Price Matching Investor Opinion
Jan 04Arthur J. Gallagher: Strong Growth And Margin Expansion Warrants A Premium Valuation
Oct 31Arthur J. Gallagher Is Strategically Solid But Trades At A Premium
Oct 11Arthur J. Gallagher (NYSE:AJG) Is Increasing Its Dividend To $0.55
Aug 30Arthur J. Gallagher's (NYSE:AJG) Dividend Will Be Increased To $0.55
Aug 16Arthur J. Gallagher's (NYSE:AJG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 02Arthur J. Gallagher: Reiterate Buy Rating On Strong Earnings Growth Prospect
Aug 01Here's Why We Think Arthur J. Gallagher (NYSE:AJG) Is Well Worth Watching
Jul 03Arthur J. Gallagher (NYSE:AJG) Is Increasing Its Dividend To $0.55
May 28Arthur J. Gallagher: FY23 Should Continue To Be A Good Year
May 25Arthur J. Gallagher's (NYSE:AJG) Dividend Will Be Increased To $0.55
May 14Arthur J. Gallagher (NYSE:AJG) Will Pay A Larger Dividend Than Last Year At $0.55
Apr 30Is Now The Time To Put Arthur J. Gallagher (NYSE:AJG) On Your Watchlist?
Mar 24Arthur J. Gallagher (NYSE:AJG) Has Announced That It Will Be Increasing Its Dividend To $0.55
Feb 14Arthur J. Gallagher's (NYSE:AJG) Upcoming Dividend Will Be Larger Than Last Year's
Jan 29Financial Position Analysis
Short Term Liabilities: AJG's short term assets ($32.1B) exceed its short term liabilities ($31.1B).
Long Term Liabilities: AJG's short term assets ($32.1B) exceed its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: AJG's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: AJG's debt to equity ratio has reduced from 79.3% to 73.7% over the past 5 years.
Debt Coverage: AJG's debt is well covered by operating cash flow (25.5%).
Interest Coverage: AJG's interest payments on its debt are well covered by EBIT (7.7x coverage).