Arthur J. Gallagher (MEX:AJG) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Arthur J. Gallagher 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. Arthur J. Gallagher's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Arthur J. Gallagher's long-term debt to total assets ratio increased from Dec. 2023 (0.14) to Dec. 2024 (0.20). It may suggest that Arthur J. Gallagher is progressively becoming more dependent on debt to grow their business.

Arthur J. Gallagher LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arthur J. Gallagher'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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Arthur J. Gallagher LT-Debt-to-Total-Asset Chart

Arthur J. Gallagher Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.18

0.15

0.14

0.20

Arthur J. Gallagher 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															0.14	0.14	0.13	0.14	0.20

Arthur J. Gallagher LT-Debt-to-Total-Asset Calculation

Arthur J. Gallagher'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 )
	=	272375.442	/	1340087.174
	=	0.20

Arthur J. Gallagher'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 )
	=	272375.442	/	1340087.174
	=	0.20

Arthur J. Gallagher (MEX:AJG) 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.

Arthur J. Gallagher LT-Debt-to-Total-Asset Related Terms

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Arthur J. Gallagher Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arthur J. Gallagher & Co (MEX:AJG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AJG:USA 0ITL:UK GAH:Germany GAH:Germany A1JG34:Brazil

Address

2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050

Website

https://www.ajg.com

Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 56,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK