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Lincoln National Corporation  (LNC)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial

Lincoln National's Quick Ratio

LNC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.62 above company average Quick Ratio.

Within Life Insurance industry Lincoln National Corporation booked the highest Quick Ratio than Lincoln National in the third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 363, from total ranking in the second quarter 2023 at 2057.

Explain Quick Ratio?
How much Cash & cash equivalents LNCīs has?
What are LNCīs Current Liabilities?


LNC Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -2.38 % 2.19 % 2.46 % 6.81 % 6.76 %
Y / Y Cash & cash equivalent Change 0.24 % -5.87 % -11.42 % -19.06 % -22.73 %
Quick Ratio MRQ 0.62 0.64 0.65 0.61 0.61
LNC's Total Ranking # 363 # 2057 # 2096 # 408 # 1217
Seq. Current Liabilities Change -0.78 % 0.89 % -4.3 % 1.91 % 3.86 %
Seq. Cash & cash equivalent Change -3.06 % -1.03 % 2.21 % 2.22 % -8.97 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Life Insurance Industry # 1
Financial Sector # 70
Overall Market # 363


Quick Ratio Statistics
High Average Low
0.94 0.21 0.01
(Sep 30 2019)   (March 30. 2007)




Financial Statements
Lincoln National's Current Liabilities $ 156,572 Millions Visit LNC's Balance sheet
Lincoln National's Cash & cash equivalent $ 97,804 Millions Visit LNC's Balance sheet
Source of LNC's Sales Visit LNC's Sales by Geography


Cumulative Lincoln National's Quick Ratio

LNC's Quick Ratio for the trailling 12 Months

LNC Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -2.38 % 2.19 % 2.46 % 6.81 % 6.76 %
Y / Y Cash & cash equivalent TTM Growth 0.24 % -5.87 % -11.42 % -19.06 % -22.73 %
Quick Ratio TTM 0.63 0.63 0.64 0.66 0.71
Total Ranking TTM # 1782 # 1870 # 1944 # 2290 # 0
Seq. Current Liabilities TTM Growth -0.78 % 0.89 % -4.3 % 1.91 % 3.86 %
Seq. Cash & cash equivalent TTM Growth -3.06 % -1.03 % 2.21 % 2.22 % -8.97 %


On the trailing twelve months basis In spite of the year on year decrease in LNC's Current Liabilities to $156,572.00 millions, cumulative Quick Ratio to 0.63 above the company average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Life Insurance industry LNC achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 1782, from total ranking during the twelve months ending second quarter 2023 at 1870.

Explain Quick Ratio?
How much Cash & cash equivalents LNCīs has?
What are LNCīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Life Insurance Industry # 1
Financial Sector # 70
Within the Market # 1782


trailing twelve months Quick Ratio Statistics
High Average Low
0.94 0.21 0.01
(Sep 30 2019)   (March 30. 2007)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Life Insurance Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Prudential Financial Inc   1.20 $ 312,210.000  Millions$ 260,233.000  Millions
Citizens Inc   1.01 $ 1,168.138  Millions$ 1,156.348  Millions
Genworth Financial Inc   0.98 $ 50,761.000  Millions$ 51,740.000  Millions
First Trinity Financial Corp   0.80 $ 417.694  Millions$ 523.886  Millions
Primerica Inc   0.73 $ 4,495.273  Millions$ 6,138.494  Millions
Utg Inc   0.68 $ 152.633  Millions$ 225.526  Millions
Lincoln National Corporation  0.62 $ 97,804.000  Millions$ 156,572.000  Millions
Metlife Inc   0.62 $ 113,639.000  Millions$ 181,975.000  Millions
Vericity Inc   0.59 $ 337.529  Millions$ 571.923  Millions
Brighthouse Financial Inc   0.29 $ 23,685.000  Millions$ 82,312.000  Millions
Jackson Financial Inc   0.20 $ 2,826.000  Millions$ 13,966.000  Millions
Corebridge Financial Inc   0.17 $ 9,485.000  Millions$ 54,205.000  Millions
American Equity Investment Life Holding Co  0.17 $ 10,188.438  Millions$ 60,422.393  Millions

Date modified: 2023-11-02T20:49:05+00:00



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