Arthur J. Gallagher Balance Sheet Health
Financial Health criteria checks 5/6
Arthur J. Gallagher has a total shareholder equity of $12.2B and total debt of $8.3B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are $57.2B and $45.0B respectively. Arthur J. Gallagher's EBIT is $2.6B making its interest coverage ratio 9.3. It has cash and short-term investments of $2.0B.
Key information
67.6%
Debt to equity ratio
US$8.25b
Debt
| Interest coverage ratio | 9.3x |
| Cash | US$2.02b |
| Equity | US$12.21b |
| Total liabilities | US$45.03b |
| Total assets | US$57.24b |
Recent financial health updates
No updates
Recent updates
Arthur J. Gallagher & Co. Just Missed Earnings - But Analysts Have Updated Their Models
Oct 28
Getting In Cheap On Arthur J. Gallagher & Co. (NYSE:AJG) Might Be Difficult
Sep 11Arthur J. Gallagher: Strong Growth Expectations And Track Record
Aug 29Arthur J. Gallagher: Positive On Both Organic And Inorganic Growth
May 11Why Investors Shouldn't Be Surprised By Arthur J. Gallagher & Co.'s (NYSE:AJG) P/E
Apr 10Arthur 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 11Financial Position Analysis
Short Term Liabilities: AJG's short term assets ($37.3B) exceed its short term liabilities ($35.2B).
Long Term Liabilities: AJG's short term assets ($37.3B) exceed its long term liabilities ($9.8B).
Debt to Equity History and Analysis
Debt Level: AJG's net debt to equity ratio (51%) is considered high.
Reducing Debt: AJG's debt to equity ratio has reduced from 92.7% to 67.6% over the past 5 years.
Debt Coverage: AJG's debt is well covered by operating cash flow (30.7%).
Interest Coverage: AJG's interest payments on its debt are well covered by EBIT (9.3x coverage).