Loews Balance Sheet Health
Financial Health criteria checks 3/6
Loews has a total shareholder equity of $17.0B and total debt of $10.1B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are $80.9B and $63.9B respectively. Loews's EBIT is $2.4B making its interest coverage ratio 6.2. It has cash and short-term investments of $6.2B.
Key information
59.4%
Debt to equity ratio
US$10.10b
Debt
Interest coverage ratio | 6.2x |
Cash | US$6.18b |
Equity | US$17.00b |
Total liabilities | US$63.91b |
Total assets | US$80.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L *'s short term assets ($15.9B) do not cover its short term liabilities ($32.5B).
Long Term Liabilities: L *'s short term assets ($15.9B) do not cover its long term liabilities ($31.4B).
Debt to Equity History and Analysis
Debt Level: L *'s net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: L *'s debt to equity ratio has increased from 51.9% to 59.4% over the past 5 years.
Debt Coverage: L *'s debt is well covered by operating cash flow (33.5%).
Interest Coverage: L *'s interest payments on its debt are well covered by EBIT (6.2x coverage).