Loews Balance Sheet Health
Financial Health criteria checks 3/6
Loews has a total shareholder equity of $15.3B and total debt of $9.1B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are $76.6B and $61.2B respectively. Loews's EBIT is $1.7B making its interest coverage ratio 4.6. It has cash and short-term investments of $4.9B.
Key information
59.1%
Debt to equity ratio
US$9.05b
Debt
Interest coverage ratio | 4.6x |
Cash | US$4.93b |
Equity | US$15.31b |
Total liabilities | US$61.25b |
Total assets | US$76.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L *'s short term assets ($14.3B) do not cover its short term liabilities ($30.1B).
Long Term Liabilities: L *'s short term assets ($14.3B) do not cover its long term liabilities ($31.1B).
Debt to Equity History and Analysis
Debt Level: L *'s net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: L *'s debt to equity ratio has increased from 48.1% to 59.1% over the past 5 years.
Debt Coverage: L *'s debt is well covered by operating cash flow (39.9%).
Interest Coverage: L *'s interest payments on its debt are well covered by EBIT (4.6x coverage).