Loews Corp (L) — Working Capital to Net Assets Ratio
Loews Corp (L) has a Working Capital to Net Assets ratio of -81.6% as of June 2026. Working capital of $-16.35 Billion (current assets of $23.17 Billion minus current liabilities of $39.52 Billion) is measured against net assets of $20.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See L defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Loews Corp Working Capital to Net Assets (1994–2025)
This chart shows how Loews Corp's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at -81.6%, reflecting working capital of $-16.35 Billion against net assets of $20.03 Billion USD. For the complete balance sheet picture, see Loews Corp balance sheet assets.
Annual Working Capital to Net Assets for Loews Corp (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Loews Corp from 1994 to 2025, covering 32 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check L financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -105.8% | $-20.77 Billion | $19.64 Billion | $19.54 Billion | $40.32 Billion | ▲ +2.0 pp |
| 2024 | -107.8% | $-19.34 Billion | $17.94 Billion | $18.18 Billion | $37.52 Billion | ▼ -192.1 pp |
| 2023 | 84.3% | $13.94 Billion | $16.52 Billion | $15.10 Billion | $1.16 Billion | ▼ -34.4 pp |
| 2022 | 118.7% | $18.05 Billion | $15.20 Billion | $52.49 Billion | $34.44 Billion | ▼ -186.7 pp |
| 2021 | 305.4% | $58.57 Billion | $19.18 Billion | $58.75 Billion | $183.00 Million | ▲ +46.7 pp |
| 2020 | 258.7% | $49.63 Billion | $19.18 Billion | $49.76 Billion | $129.00 Million | ▲ +247.9 pp |
| 2019 | 10.8% | $2.37 Billion | $21.93 Billion | $2.55 Billion | $185.00 Million | ▲ +83.6 pp |
| 2018 | -72.8% | $-15.57 Billion | $21.39 Billion | $2.05 Billion | $17.62 Billion | ▼ -1.1 pp |
| 2017 | -71.7% | $-17.61 Billion | $24.57 Billion | $472.00 Million | $18.08 Billion | ▲ +4.8 pp |
| 2016 | -76.5% | $-17.86 Billion | $23.36 Billion | $327.00 Million | $18.19 Billion | ▼ -186.1 pp |
| 2015 | 109.7% | $25.01 Billion | $22.81 Billion | $44.83 Billion | $19.82 Billion | ▲ +173.1 pp |
| 2014 | -63.4% | $-15.63 Billion | $24.65 Billion | $3.96 Billion | $19.59 Billion | ▼ -38.4 pp |
| 2013 | -25.0% | $-6.22 Billion | $24.91 Billion | $12.81 Billion | $19.02 Billion | ▼ -25.2 pp |
| 2012 | 0.2% | $49.00 Million | $24.68 Billion | $228.00 Million | $179.00 Million | ▼ -8.6 pp |
| 2011 | 8.8% | $2.03 Billion | $23.20 Billion | $2.27 Billion | $233.00 Million | ▼ -19.3 pp |
| 2010 | 28.1% | $6.49 Billion | $23.11 Billion | $7.20 Billion | $706.00 Million | ▼ -126.4 pp |
| 2009 | 154.5% | $32.57 Billion | $21.09 Billion | $59.94 Billion | $27.37 Billion | ▼ -5.7 pp |
| 2008 | 160.1% | $27.44 Billion | $17.14 Billion | $56.11 Billion | $28.66 Billion | ▲ +49.4 pp |
| 2007 | 110.7% | $19.48 Billion | $17.59 Billion | $19.84 Billion | $358.00 Million | ▼ -36.8 pp |
| 2006 | 147.5% | $28.61 Billion | $19.40 Billion | $28.62 Billion | $4.60 Million | ▼ -289.2 pp |
| 2005 | 436.7% | $66.16 Billion | $15.15 Billion | $68.21 Billion | $2.05 Billion | ▼ -65.3 pp |
| 2004 | 502.0% | $69.61 Billion | $13.87 Billion | $71.16 Billion | $1.55 Billion | ▲ +385.2 pp |
| 2003 | 116.8% | $12.68 Billion | $10.86 Billion | $73.69 Billion | $61.01 Billion | ▲ +320.1 pp |
| 2002 | -203.2% | $-26.68 Billion | $13.13 Billion | $26.95 Billion | $53.63 Billion | ▼ -312.7 pp |
| 2001 | 109.4% | $12.17 Billion | $11.12 Billion | $71.85 Billion | $59.68 Billion | ▲ +5.9 pp |
| 2000 | 103.6% | $13.65 Billion | $13.18 Billion | $67.29 Billion | $53.65 Billion | ▲ +3.6 pp |
| 1999 | 99.9% | $12.32 Billion | $12.33 Billion | $66.10 Billion | $53.78 Billion | ▼ -1.3 pp |
| 1998 | 101.2% | $12.83 Billion | $12.68 Billion | $67.57 Billion | $54.74 Billion | ▲ +1.6 pp |
| 1997 | 99.6% | $12.08 Billion | $12.13 Billion | $66.24 Billion | $54.16 Billion | ▲ +2.4 pp |
| 1996 | 97.2% | $10.31 Billion | $10.61 Billion | $64.90 Billion | $54.58 Billion | ▼ -13.1 pp |
| 1995 | 110.3% | $10.57 Billion | $9.58 Billion | $63.14 Billion | $52.57 Billion | ▲ +525.4 pp |
| 1994 | -415.1% | $-25.95 Billion | $6.25 Billion | $16.84 Billion | $42.79 Billion | — |