Is Berkshire Hathaway debt free? (2024)

Is Berkshire Hathaway debt free?

Based on the latest financial disclosure, Berkshire Hathaway has a Total Debt of 133.57 B. This is 231.41% higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The total debt for all United States stocks is significantly lower than that of the firm.

Does Berkshire Hathaway have any debt?

Total debt on the balance sheet as of September 2023 : $124.78 B. According to Berkshire Hathaway 's latest financial reports the company's total debt is $124.78 B.

Is it safe to invest in Berkshire Hathaway?

Key Points. Berkshire Hathaway is a testament to owning great businesses for the long term. Investors would do well to value its stock based on book value rather than earnings. The shares aren't a bargain, but Berkshire's higher returns on equity are encouraging.

What are the weaknesses of Berkshire Hathaway?

How much cash is Berkshire Hathaway sitting on?

Here are 10 Stocks Berkshire Hathaway Could Buy Outright. Warren Buffett purchased textiles company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, and he converted it into a holding vehicle for various investments.

Why is Berkshire Hathaway losing money?

The primary driver behind Berkshire Hathaway's investment loss is its majority stake in tech giant Apple Inc. (NASDAQ:AAPL). Apple's shares declined by over 11% in the third quarter, causing Buffett to incur an investment loss of over $24 billion during this period.

Who actually runs Berkshire Hathaway?

Abel was appointed vice chairman for non-insurance business operations, and Jain became vice chairman of insurance operations. On May 3, 2021, Warren Buffett chose Greg Abel to be his successor as CEO of Berkshire Hathaway.

Is Berkshire Hathaway too big to fail?

Warren Buffett on Saturday rejected the idea that Berkshire Hathaway , a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight.

Is Berkshire Hathaway a good long-term buy?

With its 3-star rating, we believe Berkshire stock is fairly valued compared with our long-term fair value estimate. We've increased our fair value estimate to $600,000 per Class A share from $555,000 after updating our forecasts for the company's operating businesses and insurance investment portfolio.

Is BRK a good long-term investment?

Berkshire Hathaway (BRK. A 1.38%) (BRK. B 1.44%) has been a tremendous stock for long-term investors. If someone were lucky enough to buy shares in the company when Buffett took over as CEO in 1965, their investment would've increased 24,000 times over.

Who is Berkshire Hathaway's biggest competitor?

The main competitors of Berkshire Hathaway include Berkshire Hathaway (BRK. A), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), and CNA Financial (CNA).

Is Berkshire Hathaway an ethical company?

The Company is proud of the values with which it conducts business. It has and will continue to uphold the highest levels of business ethics and personal integrity in all types of transactions and interactions.

Why is Berkshire Hathaway so popular?

Under the leadership of Warren Buffett and Charlie Munger, Berkshire Hathaway's model of buying established yet undervalued businesses and maintaining significant stakes in leading companies has proven successful over the decades, reflecting the pair's renowned value investing philosophy and solidifying Berkshire ...

How much do you have to have to invest in Berkshire Hathaway?

Anyone can invest in Berkshire Hathaway if they have enough money to buy at least one Class B share (about $360 in late 2023). For comparison, hedge funds are open only to accredited investors, meaning those with a high income or net worth and who can meet the fund's minimum investment, which can be $1 million or more.

What is Berkshire Hathaway's largest asset?

Why is Berkshire holding so much cash?

Think about it this way: Because Berkshire has grown as a company, a constant percentage allocation to cash translates to a growing dollar amount held in cash and short-term investments. All Berkshire's expanding cash hoard might be telling us is that the company is bigger than it used to be.

Who will take over Berkshire Hathaway?

Warren Buffett named Greg Abel, 61, as his successor at Berkshire Hathaway back in 2021. Abel started out as an accountant, before taking the reins as CEO of Berkshire Hathaway Energy.

What stocks has Warren Buffett lost money on?

What happens to Warren Buffett's wealth?

"My three children are the executors of my current will as well as the named trustees of the charitable trust that will receive 99%-plus of my wealth pursuant to the provisions of the will," Warren Buffett said in the letter. Mr Buffett said, "At 93, I feel good but fully realize I am playing in extra innings."

Does Bill Gates own Berkshire Hathaway?

Berkshire Hathaway: 17%

He joined Gates in 2006 and has since donated $36 billion through 2022 to the Gates Foundation — and has encouraged other wealthy individuals to become benefactors. As a result, the Gates Foundation owns nearly 20 million Berkshire shares valued at $7.1 billion.

What religion is Warren Buffett?

Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment. The series features Buffett and Munger and teaches children healthy financial habits. Buffett was raised as a Presbyterian, but has since described himself as agnostic.

What happens to Berkshire when Warren dies?

For starters, Buffett's will includes orders not to sell any shares in Berkshire Hathaway. It's unclear who will receive his shares. Regardless, his order shows that his commitment to the company extends after his death. He won't let anyone “cut-and-run” by selling his shares.

Is Berkshire recession proof?

Berkshire Hathaway is a recession-proof investment

The company owns BNSF Railway, one of North America's largest rail networks with over 32,000 miles. Due to its pipeline assets, the company owns roughly one-fifth of U.S. interstate natural gas transports.

Where does Warren Buffett live?

Where will BRK B be in 10 years?

Although there's no telling where BRK. B shares could be 20, 30 or 40 years from now, it's possible to get a rough idea of the 10-year horizon. By some forecasts, shares of Berkshire could trade as high as $900 by 2034.