Brown & Brown (FRA:BTW) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is Brown & Brown LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Brown & Brown's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

Brown & Brown's long-term debt to total assets ratio declined from Dec. 2023 (0.23) to Dec. 2024 (0.22). It may suggest that Brown & Brown is progressively becoming less dependent on debt to grow their business.

Brown & Brown LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brown & Brown's LT-Debt-to-Total-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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Brown & Brown LT-Debt-to-Total-Asset Chart

Brown & Brown Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.25

0.22

0.28

0.23

0.22

Brown & Brown Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.22	0.22	0.20	0.22

Brown & Brown LT-Debt-to-Total-Asset Calculation

Brown & Brown's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	3617.54	/	16819.46
	=	0.22

Brown & Brown's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	3617.54	/	16819.46
	=	0.22

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

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Brown & Brown LT-Debt-to-Total-Asset Related Terms

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Brown & Brown Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (FRA:BTW) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BRO:USA BRO:Mexico BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The Company markets and sells insurance products and services, in the property, casualty, and employee benefits areas. It provides customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It has four reportable segments; the Retail segment; the Programs segment; the Wholesale Brokerage segment and; the Services segment. It generates the majority of its revenue from the Retail segment which provides insurance products and services to commercial, public and quasi-public, and Others through automobile dealer services F&I businesses. Its geographic area is U.S., U.K., the Republic of Ireland, Canada, and Others.

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