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
Here's Why We Think Loews (NYSE:L) Is Well Worth Watching
Mar 25Lacklustre Performance Is Driving Loews Corporation's (NYSE:L) Low P/E
Jan 03Here's Why We Think Loews (NYSE:L) Is Well Worth Watching
Dec 16Loews: I Don't See Any Reason To Invest Here In This Market
Nov 05Loews: The Underperformance Continues, I Say Hold
Aug 25Here's Why Loews (NYSE:L) Has Caught The Eye Of Investors
Aug 25Loews' Prudent Capital Deployment And Decentralization Promote Value Creation
Jun 15Loews GAAP EPS of $1.53, revenue of $3.79B
Feb 06Loews - Not Yet Investable, Remains A Hold For 2023
Jan 24Delaware court overturns $690M fine on Loews for Boardwalk deal
Dec 20Loews declares $0.0625 dividend
Nov 08Loews GAAP EPS of $0.54, revenue of $3.46B
Oct 31Loews Corporation Is A Key Addition To A Retirement Portfolio
Aug 11Loews GAAP EPS of $0.73, revenue of $3.39B
Aug 01Loews: Not Just Insurance, But It's A "HOLD" Here
May 23Loews reports Q1 results
May 03Financial Position Analysis
Short Term Liabilities: L's short term assets ($14.7B) do not cover its short term liabilities ($31.5B).
Long Term Liabilities: L's short term assets ($14.7B) do not cover its long term liabilities ($31.2B).
Debt to Equity History and Analysis
Debt Level: L's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: L's debt to equity ratio has increased from 53.1% to 54.5% over the past 5 years.
Debt Coverage: L's debt is well covered by operating cash flow (43.4%).
Interest Coverage: L's interest payments on its debt are well covered by EBIT (6x coverage).