Loews Balance Sheet Health
Financial Health criteria checks 3/6
Loews has a total shareholder equity of $16.5B and total debt of $9.0B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are $79.2B and $62.7B respectively. Loews's EBIT is $2.3B making its interest coverage ratio 6. It has cash and short-term investments of $5.0B.
Key information
54.5%
Debt to equity ratio
US$9.00b
Debt
Interest coverage ratio | 6x |
Cash | US$5.00b |
Equity | US$16.53b |
Total liabilities | US$62.67b |
Total assets | US$79.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTR's short term assets ($14.7B) do not cover its short term liabilities ($31.5B).
Long Term Liabilities: LTR's short term assets ($14.7B) do not cover its long term liabilities ($31.2B).
Debt to Equity History and Analysis
Debt Level: LTR's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: LTR's debt to equity ratio has increased from 53.1% to 54.5% over the past 5 years.
Debt Coverage: LTR's debt is well covered by operating cash flow (43.4%).
Interest Coverage: LTR's interest payments on its debt are well covered by EBIT (6x coverage).