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 ratio | 6.2x |
Cash | US$6.32b |
Equity | US$18.25b |
Total liabilities | US$65.37b |
Total assets | US$83.62b |
Recent financial health updates
No updates
Recent updates
Loews Corporation: CNA Headwinds May Finally Force A Top Shortly
Dec 10Loews: Changing My Mind And Raising My Price Target
Dec 03There's No Escaping Loews Corporation's (NYSE:L) Muted Earnings
Sep 28Loews: Not Exactly Impressive Performance, I Say 'Hold'
Aug 06If EPS Growth Is Important To You, Loews (NYSE:L) Presents An Opportunity
Jun 28Loews Corporation (NYSE:L) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 12Loews: An Update For 2024, Still Hold
Apr 09Here'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 03Loews: I Don't See Any Reason To Invest Here In This Market
Nov 05Loews: The Underperformance Continues, I Say Hold
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 23Financial 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
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/18 09:56 |
End of Day Share Price | 2024/12/18 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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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.
Analyst | Institution |
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Michael Millman | Millman Research Associates |
David Adelman | Morgan Stanley |
null null | Rochdale Securities LLC |