TWFG (TWFG) Debt-to-Asset : 0.03 (As of Sep. 2024)

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What is TWFG Debt-to-Asset?

TWFG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.0 Mil. TWFG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.9 Mil. TWFG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $313.1 Mil. TWFG's debt to asset for the quarter that ended in Sep. 2024 was 0.03.

TWFG Debt-to-Asset Historical Data

The historical data trend for TWFG'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.

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TWFG Debt-to-Asset Chart

TWFG Annual Data

Trend

Dec22

Dec23

Debt-to-Asset

0.12

0.45

TWFG Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial			-	0.45	0.04	0.32	0.03

Competitive Comparison of TWFG's Debt-to-Asset

For the Insurance Brokers subindustry, TWFG'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.

TWFG's Debt-to-Asset Distribution in the Insurance Industry

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

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

TWFG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TWFG'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
	=	(3.319	+	48.437)	/	115.437
	=	0.45

TWFG's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(2.967	+	5.938)	/	313.093
	=	0.03

TWFG (NAS:TWFG) 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.

TWFG Debt-to-Asset Related Terms

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TWFG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » TWFG Inc (NAS:TWFG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201 Lake Woodlands Drive, Suite 4020, The Woodlands, TX, USA, 77380

Website

https://www.twfg.com

TWFG Inc is a independent distribution platform for personal and commercial insurance in the United States. It offers all lines of insurance, multiple distribution contract options, M&A services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate.