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Brown and Brown Inc   (BRO)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial

Brown And Brown Inc 's Quick Ratio

BRO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Brown And Brown Inc 's Cash & cash equivalent grew by 20.52 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Brown And Brown Inc 's Quick Ratio to 0.17, Quick Ratio remained below Brown and Brown Inc average.

Within Insurance Brokerage industry Brown and Brown Inc booked the highest Quick Ratio than Brown And Brown Inc in the third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 257, from total ranking in the second quarter 2023 at 554.

Explain Quick Ratio?
How much Cash & cash equivalents BRO´s has?
What are BRO´s Current Liabilities?


BRO Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 8.3 % 43.37 % 56.34 % 72.33 % 46.71 %
Y / Y Cash & cash equivalent Change 30.17 % -73.4 % -66.54 % -55.37 % -38.37 %
Quick Ratio MRQ 0.17 0.15 0.15 0.14 0.14
BRO's Total Ranking # 257 # 554 # 364 # 3872 # 3839
Seq. Current Liabilities Change 10.41 % 9.04 % -17.05 % 8.45 % 46.16 %
Seq. Cash & cash equivalent Change 20.52 % 11.38 % -13.47 % 12.07 % -75.37 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Insurance Brokerage Industry # 1
Financial Sector # 43
Overall Market # 257


Quick Ratio Statistics
High Average Low
3.95 0.94 0.14
(Jun 30 2013)  




Financial Statements
Brown And Brown Inc 's Current Liabilities $ 4,591 Millions Visit BRO's Balance sheet
Brown And Brown Inc 's Cash & cash equivalent $ 769 Millions Visit BRO's Balance sheet
Source of BRO's Sales Visit BRO's Sales by Geography


Cumulative Brown And Brown Inc 's Quick Ratio

BRO's Quick Ratio for the trailling 12 Months

BRO Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 8.3 % 43.37 % 56.34 % 72.33 % 46.71 %
Y / Y Cash & cash equivalent TTM Growth 30.17 % -73.4 % -66.54 % -55.37 % -38.37 %
Quick Ratio TTM 0.15 0.15 0.27 0.38 0.51
Total Ranking TTM # 2807 # 2892 # 3630 # 3612 # 3819
Seq. Current Liabilities TTM Growth 10.41 % 9.04 % -17.05 % 8.45 % 46.16 %
Seq. Cash & cash equivalent TTM Growth 20.52 % 11.38 % -13.47 % 12.07 % -75.37 %


On the trailing twelve months basis In Spite of the increase in Current Liabilities in the III Quarter 2023 to $4,590.50 millions, cumulative Quick Ratio remained unchanged at 0.15 below the Brown And Brown Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Insurance Brokerage industry 5 other companies have achieved higher Quick Ratio than Brown And Brown Inc . While Quick Ratio overall ranking has improved so far to 2807, from total ranking during the twelve months ending second quarter 2023 at 2892.

Explain Quick Ratio?
How much Cash & cash equivalents BRO´s has?
What are BRO´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Insurance Brokerage Industry # 6
Financial Sector # 134
Within the Market # 2807


trailing twelve months Quick Ratio Statistics
High Average Low
0.67 0.47 0.15
(Dec 31 2013)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Insurance Brokerage Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Equitable Holdings Inc   0.37 $ 7,105.000  Millions$ 19,422.000  Millions
Selectquote Inc   0.35 $ 48.486  Millions$ 136.746  Millions
Brp Group Inc   0.27 $ 78.965  Millions$ 296.418  Millions
Ryan Specialty Holdings Inc   0.25 $ 754.370  Millions$ 2,981.837  Millions
Argo Group International Holdings Inc   0.22 $ 1,222.700  Millions$ 5,509.300  Millions
Crawford and Co  0.21 $ 49.208  Millions$ 231.403  Millions
Aon Plc  0.21 $ 983.000  Millions$ 4,757.000  Millions
Brown and Brown Inc   0.17 $ 768.900  Millions$ 4,590.500  Millions
Roadzen Inc   0.15 $ 8.110  Millions$ 53.355  Millions
Marsh and Mclennan Companies Inc   0.14 $ 2,901.000  Millions$ 20,605.000  Millions
Gohealth Inc   0.12 $ 26.387  Millions$ 217.775  Millions
Willis Towers Watson Plc  0.11 $ 1,247.000  Millions$ 11,305.000  Millions
Equitable Financial Life Insurance Company  0.11 $ 1,741.000  Millions$ 16,195.000  Millions
Erie Indemnity Company  0.10 $ 69.822  Millions$ 680.913  Millions
Fidelity National Financial Inc   0.07 $ 3,928.000  Millions$ 54,295.000  Millions
Sundance Strategies Inc   0.07 $ 0.185  Millions$ 2.710  Millions

Date modified: 2023-10-27T06:33:34+00:00



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