Loews Balance Sheet Health
Financial Health criteria checks 3/6
Loews has a total shareholder equity of $18.2B and total debt of $9.5B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $83.6B and $65.4B respectively. Loews's EBIT is $2.7B making its interest coverage ratio 6.2. It has cash and short-term investments of $6.3B.
Key information
52.2%
Debt to equity ratio
US$9.53b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$6.32b |
| Equity | US$18.25b |
| Total liabilities | US$65.37b |
| Total assets | US$83.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTR's short term assets ($16.5B) do not cover its short term liabilities ($32.8B).
Long Term Liabilities: LTR's short term assets ($16.5B) do not cover its long term liabilities ($32.6B).
Debt to Equity History and Analysis
Debt Level: LTR's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: LTR's debt to equity ratio has increased from 51.6% to 52.2% over the past 5 years.
Debt Coverage: LTR's debt is well covered by operating cash flow (26.9%).
Interest Coverage: LTR's interest payments on its debt are well covered by EBIT (6.2x coverage).