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Lincoln National has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.Lincoln National did not have earnings to cover the interest expense. Lincoln National's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.36. Altman Z-Score does not apply to banks and insurance companies.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Lincoln National's Interest Expense for the months ended in Sep. 2024 was $-86 Mil. Its Operating Income for the months ended in Sep. 2024 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5,684 Mil.
Lincoln National's Interest Coverage for the quarter that ended in Sep. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Lincoln National's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
Debt to Revenue Ratio | = | Total Debt (Q: Sep. 2024 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (300 | + | 5684) | / | 16792 | |
= | 0.36 |
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
Lincoln National has the Financial Strength Rank of 5.
Thank you for viewing the detailed overview of Lincoln National's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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