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The Baldwin Insurance Group (The Baldwin Insurance Group) Equity-to-Asset : 0.16 (As of Dec. 2023)


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What is The Baldwin Insurance Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Baldwin Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $560 Mil. The Baldwin Insurance Group's Total Assets for the quarter that ended in Dec. 2023 was $3,502 Mil. Therefore, The Baldwin Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.

The historical rank and industry rank for The Baldwin Insurance Group's Equity-to-Asset or its related term are showing as below:

BRP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.9   Med: 0.18   Max: 0.24
Current: 0.16

During the past 7 years, the highest Equity to Asset Ratio of The Baldwin Insurance Group was 0.24. The lowest was -0.90. And the median was 0.18.

BRP's Equity-to-Asset is ranked worse than
63.95% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs BRP: 0.16

The Baldwin Insurance Group Equity-to-Asset Historical Data

The historical data trend for The Baldwin Insurance Group's Equity-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.

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The Baldwin Insurance Group Equity-to-Asset Chart

The Baldwin Insurance Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.18 0.24 0.21 0.18 0.16

The Baldwin Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-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 0.18 0.18 0.17 0.17 0.16

Competitive Comparison of The Baldwin Insurance Group's Equity-to-Asset

For the Insurance Brokers subindustry, The Baldwin Insurance Group's Equity-to-Asset, along with its competitors' market caps and Equity-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.


The Baldwin Insurance Group's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Baldwin Insurance Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Baldwin Insurance Group's Equity-to-Asset falls into.



The Baldwin Insurance Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

The Baldwin Insurance Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=560.412/3501.937
=0.16

The Baldwin Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=560.412/3501.937
=0.16

* 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.


The Baldwin Insurance Group  (NAS:BRP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


The Baldwin Insurance Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of The Baldwin Insurance Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Baldwin Insurance Group (The Baldwin Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
4211 W. Boy Scout Boulevard, Suite 200, Tampa, FL, USA, 33607
BRP Group Inc is a United States-based insurance distribution firm. Its products include commercial property and casualty, or P&C, insurance, employee benefits insurance and personal lines insurance. The company operates its business through four segments including Middle Market, Specialty, Mainstreet, and Medicare. It generates maximum revenue from the Middle Market segment.
Executives
Bradford Hale officer: Chief Accounting Officer 4010 W BOY SCOUT BLVD, SUITE 200, TAMPA FL 33607
John A. Valentine officer: Chief Partnership Officer 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Laura Sherman 10 percent owner, other: Member of 10% owner group 4010 W BOY SCOUT BLVD, SUITE 200, TAMPA FL 33607
Lowry Baldwin director, officer: Chairman 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Daniel Galbraith officer: Chief Operating Officer 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Trevor Baldwin director, officer: Chief Executive Officer 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Kristopher Aaron Wiebeck officer: Chief Financial Officer 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Seth Bala Cohen officer: General Counsel C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Sathish Muthukrishnan director 601 S. TRYON STREET, CHARLOTTE NC 28202
Baldwin Insurance Group Holdings, Llc 10 percent owner, other: Member of 10% owner group 4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Ellyn Shook director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Myron K Williams director C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Sunita Parasuraman director C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Jay A Cohen director C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Galloway Corbyn N. officer: Chief Accounting Officer C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607