Brown & Brown Balance Sheet Health
Financial Health criteria checks 4/6
Brown & Brown has a total shareholder equity of $5.8B and total debt of $3.9B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $14.8B and $9.0B respectively. Brown & Brown's EBIT is $1.2B making its interest coverage ratio 9.7. It has cash and short-term investments of $591.0M.
Key information
67.1%
Debt to equity ratio
US$3.88b
Debt
Interest coverage ratio | 9.7x |
Cash | US$591.00m |
Equity | US$5.79b |
Total liabilities | US$9.02b |
Total assets | US$14.81b |
Recent financial health updates
No updates
Recent updates
Why 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 20Brown & Brown: A Stable, Long-Term Compounder And Inflation Hedge
Jun 08Here's Why I Think Brown & Brown (NYSE:BRO) Might Deserve Your Attention Today
May 27Brown & Brown: Insurance Brokerages Won The Pandemic
Mar 10Does Brown & Brown (NYSE:BRO) Deserve A Spot On Your Watchlist?
Feb 20Do Brown & Brown's (NYSE:BRO) Earnings Warrant Your Attention?
Oct 27Financial Position Analysis
Short Term Liabilities: BRO's short term assets ($5.0B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: BRO's short term assets ($5.0B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: BRO's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: BRO's debt to equity ratio has increased from 48.3% to 67.1% over the past 5 years.
Debt Coverage: BRO's debt is well covered by operating cash flow (24.8%).
Interest Coverage: BRO's interest payments on its debt are well covered by EBIT (9.7x coverage).