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Brown & Brown (FRA:BTW) Debt-to-Asset : 0.27 (As of Mar. 2024)


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What is Brown & Brown Debt-to-Asset?

Brown & Brown's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €805 Mil. Brown & Brown's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,932 Mil. Brown & Brown's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €13,622 Mil. Brown & Brown's debt to asset for the quarter that ended in Mar. 2024 was 0.27.


Brown & Brown Debt-to-Asset Historical Data

The historical data trend for Brown & Brown's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brown & Brown Debt-to-Asset Chart

Brown & Brown Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.26 0.23 0.30 0.27

Brown & Brown Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.28 0.28 0.27 0.27

Competitive Comparison of Brown & Brown's Debt-to-Asset

For the Insurance Brokers subindustry, Brown & Brown's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown & Brown's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Debt-to-Asset falls into.



Brown & Brown Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Brown & Brown's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(563.13 + 3122.843) / 13648.078
=0.27

Brown & Brown's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(805 + 2932.04) / 13621.52
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown  (FRA:BTW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Brown & Brown Debt-to-Asset Related Terms

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Brown & Brown (FRA:BTW) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

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