Lincoln National (Lincoln National) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Lincoln National LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Lincoln National's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Lincoln National's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.02). It may suggest that Lincoln National is progressively becoming less dependent on debt to grow their business.

Lincoln National LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lincoln National's LT-Debt-to-Total-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.

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Lincoln National LT-Debt-to-Total-Asset Chart

Lincoln National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

Lincoln National Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Lincoln National LT-Debt-to-Total-Asset Calculation

Lincoln National's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	5699	/	372413
	=	0.02

Lincoln National's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	5699	/	372413
	=	0.02

Lincoln National (NYSE:LNC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Lincoln National LT-Debt-to-Total-Asset Related Terms

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Lincoln National (Lincoln National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lincoln National Corp (NYSE:LNC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LCO:Germany LCO:Germany

Address

150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087

Website

https://www.lfg.com

Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.

Executives

Owen Ryan	director	C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Andrew Rallis	officer: EVP, Chief Risk Officer	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Sean Woodroffe	officer: EVP, Ch Ppl Culture Comms Off	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
John Christopher Kennedy	officer: EVP, President LFD	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Deirdre P Connelly	director	C/O GLAXOSMITHKLINE, FIVE CRESCENT DRIVE, PHILADELPHIA PA 19112-1001
James Waltman Reid	officer: EVP Head of Wrkplc Solutions	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Matthew Grove	officer: EVP Head of Life Annuities LFN	150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Dennis R Glass	officer: President & COO	LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Christopher M Neczypor	officer: EVP, Chief Strategy Officer	150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Jayson R Bronchetti	officer: EVP, Chief Investment Officer	150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Adam M Cohen	officer: CAO	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Randal J Freitag	officer: EVP & CFO	LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Janet Liang	director	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Dale Lefebvre	director	150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Kenneth S. Solon	officer: EVP & Chief Information Ofc..	150 N. RADNOR CHESTER ROAD, RADNOR PA 19087