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LNC (Lincoln National) Cash-to-Debt : 1.01 (As of Sep. 2024)


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What is Lincoln National Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Lincoln National's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.01.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Lincoln National could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Lincoln National's Cash-to-Debt or its related term are showing as below:

LNC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21   Med: 0.43   Max: 1.01
Current: 1.01

During the past 13 years, Lincoln National's highest Cash to Debt Ratio was 1.01. The lowest was 0.21. And the median was 0.43.

LNC's Cash-to-Debt is ranked worse than
61.62% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs LNC: 1.01

Lincoln National Cash-to-Debt Historical Data

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

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Lincoln National Cash-to-Debt Chart

Lincoln National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.26 0.39 0.50 0.55

Lincoln National Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial 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 0.44 0.55 0.66 0.89 1.01

Competitive Comparison of Lincoln National's Cash-to-Debt

For the Insurance - Life subindustry, Lincoln National's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.


Lincoln National's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Lincoln National's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lincoln National's Cash-to-Debt falls into.



Lincoln National Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Lincoln National's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Lincoln National's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

* 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.


Lincoln National  (NYSE:LNC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Lincoln National Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Lincoln National's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Lincoln National Business Description

Traded in Other Exchanges
Address
150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087
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 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
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
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
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
Dale Lefebvre director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Janet Liang 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