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
Brown & Brown's Price Is Up, But Value Isn't Much Different
Nov 05Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 01
Some Shareholders Feeling Restless Over Brown & Brown, Inc.'s (NYSE:BRO) P/E Ratio
Oct 14With EPS Growth And More, Brown & Brown (NYSE:BRO) Makes An Interesting Case
Sep 23Brown & Brown Q2: Strong Insurance Premium Growth Continues
Aug 19Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 24Brown & Brown, Inc.'s (NYSE:BRO) Shareholders Might Be Looking For Exit
Jul 14Brown & Brown: Trading Near Fair Value, Hold But The Upside Is Limited (Technical Analysis)
Jul 02Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors
Jun 08Why We Think The CEO Of Brown & Brown, Inc. (NYSE:BRO) May Soon See A Pay Rise
May 02Brown & Brown, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 27Brown & Brown Insurance: A Fairly Priced Super-Compounder
Apr 12Some Shareholders Feeling Restless Over Brown & Brown, Inc.'s (NYSE:BRO) P/E Ratio
Apr 04Madison Investments - Brown & Brown: A Recession-Resistant Investment
Feb 11Brown & Brown: Premium Rate Increases Boosting Revenue Growth; Initiate With 'Strong Buy'
Jan 27Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors
Jan 09Brown & Brown: Its Debt Maturity Profile Tells Us To Hold
Dec 06Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors
Sep 20Brown & Brown: A Compelling Investment Opportunity
Sep 18Brown & Brown: Continued Acquisition-Fueled Growth
Jun 29With EPS Growth And More, Brown & Brown (NYSE:BRO) Makes An Interesting Case
Jun 21Here's Why We Think Brown & Brown (NYSE:BRO) Might Deserve Your Attention Today
Mar 23Brown & Brown Underwhelms Though Insurance Pricing Remains Healthy
Jan 25Brown & Brown declares $0.115 dividend
Jan 18Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors
Dec 19Brown & Brown Dealer Services acquires Finance Builders
Nov 08Brown & Brown raises dividend by 12% to $0.115/share
Oct 19Brown & Brown's subsidiary acquires assets of VistaNational Insurance
Sep 13Does Brown & Brown (NYSE:BRO) Deserve A Spot On Your Watchlist?
Sep 01Brown & Brown declares $0.1025 dividend
Jul 20Financial 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).