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 ratio6.2x
CashUS$6.32b
EquityUS$18.25b
Total liabilitiesUS$65.37b
Total assetsUS$83.62b

Recent financial health updates

No updates

Recent updates

Loews Corporation: CNA Headwinds May Finally Force A Top Shortly

Dec 10

Loews: Changing My Mind And Raising My Price Target

Dec 03

There's No Escaping Loews Corporation's (NYSE:L) Muted Earnings

Sep 28
There's No Escaping Loews Corporation's (NYSE:L) Muted Earnings

Loews: Not Exactly Impressive Performance, I Say 'Hold'

Aug 06

If EPS Growth Is Important To You, Loews (NYSE:L) Presents An Opportunity

Jun 28
If EPS Growth Is Important To You, Loews (NYSE:L) Presents An Opportunity

Loews Corporation (NYSE:L) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 12
Loews Corporation (NYSE:L) Looks Inexpensive But Perhaps Not Attractive Enough

Loews: An Update For 2024, Still Hold

Apr 09

Here's Why We Think Loews (NYSE:L) Is Well Worth Watching

Mar 25
Here's Why We Think Loews (NYSE:L) Is Well Worth Watching

Lacklustre Performance Is Driving Loews Corporation's (NYSE:L) Low P/E

Jan 03
Lacklustre Performance Is Driving Loews Corporation's (NYSE:L) Low P/E

Loews: I Don't See Any Reason To Invest Here In This Market

Nov 05

Loews: The Underperformance Continues, I Say Hold

Aug 25

Loews' Prudent Capital Deployment And Decentralization Promote Value Creation

Jun 15

Loews GAAP EPS of $1.53, revenue of $3.79B

Feb 06

Loews - Not Yet Investable, Remains A Hold For 2023

Jan 24

Delaware court overturns $690M fine on Loews for Boardwalk deal

Dec 20

Loews declares $0.0625 dividend

Nov 08

Loews GAAP EPS of $0.54, revenue of $3.46B

Oct 31

Loews Corporation Is A Key Addition To A Retirement Portfolio

Aug 11

Loews GAAP EPS of $0.73, revenue of $3.39B

Aug 01

Loews: Not Just Insurance, But It's A "HOLD" Here

May 23

Financial Position Analysis

Short Term Liabilities: L's short term assets ($16.5B) do not cover its short term liabilities ($32.8B).

Long Term Liabilities: L's short term assets ($16.5B) do not cover its long term liabilities ($32.6B).


Debt to Equity History and Analysis

Debt Level: L's net debt to equity ratio (17.6%) is considered satisfactory.

Reducing Debt: L's debt to equity ratio has increased from 51.6% to 52.2% over the past 5 years.

Debt Coverage: L's debt is well covered by operating cash flow (26.9%).

Interest Coverage: L's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:56
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Analyst Sources

Loews Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MillmanMillman Research Associates
David AdelmanMorgan Stanley
null nullRochdale Securities LLC