Brown Interest Coverage from 2010 to 2024

BRO Stock  USD 82.13  0.80  0.96%   
Brown Brown Interest Coverage yearly trend continues to be very stable with very little volatility. Interest Coverage is likely to drop to 3.78. During the period from 2010 to 2024, Brown Brown Interest Coverage quarterly data regression pattern had sample variance of  28.16 and median of  12.30. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
6.39263158
Current Value
3.78
Quarterly Volatility
5.30704475
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brown Brown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brown main balance sheet or income statement drivers, such as Depreciation And Amortization of 216.3 M, Interest Expense of 205.2 M or Total Revenue of 4.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.48, Dividend Yield of 0.0064 or PTB Ratio of 3.39. Brown financial statements analysis is a perfect complement when working with Brown Brown Valuation or Volatility modules.
  
This module can also supplement Brown Brown's financial leverage analysis and stock options assessment as well as various Brown Brown Technical models . Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.

Latest Brown Brown's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Brown Brown over the last few years. It is Brown Brown's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brown Brown's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Brown Interest Coverage Regression Statistics

Arithmetic Mean12.84
Geometric Mean11.68
Coefficient Of Variation41.32
Mean Deviation4.06
Median12.30
Standard Deviation5.31
Sample Variance28.16
Range18.6535
R-Value(0.88)
Mean Square Error6.70
R-Squared0.78
Significance0.000013
Slope(1.05)
Total Sum of Squares394.31

Brown Interest Coverage History

2024 3.78
2023 6.39
2022 6.9
2021 13.19
2020 11.41
2019 8.99

About Brown Brown Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Brown Brown income statement, its balance sheet, and the statement of cash flows. Brown Brown investors use historical funamental indicators, such as Brown Brown's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Brown Brown investors may use each financial statement separately, they are all related. The changes in Brown Brown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brown Brown's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Brown Brown Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brown Brown. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 6.39  3.78 

Brown Brown Investors Sentiment

The influence of Brown Brown's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brown Brown's public news can be used to forecast risks associated with an investment in Brown. The trend in average sentiment can be used to explain how an investor holding Brown can time the market purely based on public headlines and social activities around Brown Brown. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brown Brown's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brown Brown's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brown Brown's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brown Brown.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brown Brown in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brown Brown's short interest history, or implied volatility extrapolated from Brown Brown options trading.

Pair Trading with Brown Brown

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brown Brown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brown Brown will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brown Stock

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Moving against Brown Stock

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The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brown Brown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brown Brown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Brown Brown's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brown Brown. If investors know Brown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.229
Dividend Share
0.36
Earnings Share
3.24
Revenue Per Share
15.505
Quarterly Revenue Growth
0.134
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.