GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Loews Corp (NYSE:L) » Definitions » Equity-to-Asset

Loews (L) Equity-to-Asset

: 0.20 (As of Dec. 2023)
View and export this data going back to 1995. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Loews's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15,704 Mil. Loews's Total Assets for the quarter that ended in Dec. 2023 was $79,197 Mil. Therefore, Loews's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.20.

The historical rank and industry rank for Loews's Equity-to-Asset or its related term are showing as below:

L' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.23   Max: 0.25
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Loews was 0.25. The lowest was 0.19. And the median was 0.23.

L's Equity-to-Asset is ranked worse than
54.67% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs L: 0.20

Loews Equity-to-Asset Historical Data

The historical data trend for Loews's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Loews Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.22 0.22 0.19 0.20

Loews Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.19 0.19 0.19 0.20

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Loews's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Loews Equity-to-Asset Distribution

For the Insurance industry and Financial Services sector, Loews's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Loews's Equity-to-Asset falls into.



Loews Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Loews's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=15704/79197
=0.20

Loews's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=15704/79197
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Loews  (NYSE:L) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Loews Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Loews's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Loews (L) Business Description

Traded in Other Exchanges
Address
667 Madison Avenue, New York, NY, USA, 10065-8087
Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.
Executives
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Jonathan M Tisch director, officer: Co-Ch. of Bd/Off. of the Pres. 667 MADISON AVENUE, NEW YORK NY 10021-8087
Ann E Berman director 255 STATE STREET, BOSTON MA 02109
Anthony Welters director
Paul J Fribourg director 667 MADISON AVE, NEW YORK NY 10021
Walter L Harris director TANENBAUM HARBER CO, 320 W 57TH STREET, NEW YORK NY 10019
Charles M Diker director ONE NEW YORK PLAZA, NEW YORK NY 10004
Joseph L Bower director 667 MADISON AVE, NEW YORK NY 10021
Kenneth I Siegel officer: Senior Vice President 667 MADISON AVENUE, NEW YORK NY 10065
Jonathan C Locker director C/O LOEWS CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Charles D Davidson director QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Richard Waldo Scott officer: SVP & Chief Investment Officer 667 MADISON AVENUE, NEW YORK NY 10065
Benjamin J Tisch officer: Sr. VP, Corp Dev and Strategy 667 MADISON AVE, NEW YORK NY 10065
Marc A Alpert officer: Sr. VP, Gen. Coun. & Secy. 667 MADISON AVENUE, NEW YORK NY 10065
Mark S Schwartz officer: V.P., C.A.O. and Treasurer C/O LOEWS CORPORATION, 667 MADISON AVENUE, NEW YORK NY 10065-8087

Loews (L) Headlines

From GuruFocus

Q1 2019 Loews Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Loews Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Director Jonathan Locker Buys 15,870 Shares of Loews Corp

By GuruFocus Research 11-02-2023

Q3 2022 Loews Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Loews Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Loews Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024