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Lincoln National Corporation (LNC) |
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Lincoln National's Working Capital Ratio
LNC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Working Capital Ratio deteriorated to 0.8 above company average Working Capital Ratio.
Within Life Insurance industry Lincoln National Corporation booked the highest Working Capital Ratio than Lincoln National in the third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 812, from total ranking in the second quarter 2023 at 3905.
Explain Working Capital Ratio
How much in Current Assets LNCīs has?
What is the value of LNCīs Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| LNC Working Capital 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 Current Assets Change |
2.55 % |
-3 % |
-9.63 % |
-16.8 % |
-19.54 % |
| Working Capital Ratio MRQ |
0.8 |
0.8 |
0.81 |
0.76 |
0.76 |
| LNC's Total
Ranking |
# 812 |
# 3905 |
# 3658 |
# 3042 |
# 4148 |
| Seq. Current Liabilities Change |
-0.78 % |
0.89 % |
-4.3 % |
1.91 % |
3.86 % |
| Seq. Current Assets Change |
-1.7 % |
0.22 % |
2.15 % |
1.91 % |
-7.02 % |
| Working Capital Ratio third quarter 2023 Company Ranking |
| Within: |
No. |
| Life Insurance Industry |
# 1 |
| Financial Sector |
# 117 |
| Overall Market |
# 812 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.13 |
0.32 |
0.06 |
| (Sep 30 2019) |
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(June 30. 2007) |
Cumulative Lincoln National's Working Capital Ratio
LNC's Working Capital Ratio for the trailling 12 Months
LNC Working Capital 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 Current Assets TTM Growth |
2.55 % |
-3 % |
-9.63 % |
-16.8 % |
-19.54 % |
| Working Capital Ratio TTM |
0.79 |
0.78 |
0.79 |
0.82 |
0.87 |
| Total
Ranking TTM |
# 1098
| # 3291
| # 3392
| # 3407
| # 0
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| Seq. Current Liabilities TTM Growth |
-0.78 % |
0.89 % |
-4.3 % |
1.91 % |
3.86 % |
| Seq. Current Assets TTM Growth |
-1.7 % |
0.22 % |
2.15 % |
1.91 % |
-7.02 % |
On the trailing twelve months basis LNC Current Assets improved by 2.55 % in III Quarter 2023 year on year, while Current Liabilities decreased to $156,572 millions, this led to increase in in Lincoln National's Working Capital Ratio to 0.79, above LNC average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Life Insurance industry LNC achieved the highest Working Capital Ratio. While Working Capital Ratio overall ranking has improved so far to 1098, from total ranking during the twelve months ending second quarter 2023 at 3291.
Explain Working Capital Ratio
How much in Current Assets LNCīs has?
What is the value of LNCīs Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Life Insurance Industry |
# 1 |
| Financial Sector |
# 117 |
| Within the Market |
# 1098 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.13 |
0.32 |
0.06 |
| (Sep 30 2019) |
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(June 30. 2007) |
| Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Life Insurance Industry | Working Capital Ratio | Sep 30 2023 MRQ Current Assets | Sep 30 2023 MRQ Current Liabilities | | Reinsurance Group Of America Incorporated | 2.02 | $ 75,150.000 Millions | $ 37,224.000 Millions | | Prudential Financial Inc | 1.42 | $ 370,118.000 Millions | $ 260,233.000 Millions | | Genworth Financial Inc | 1.12 | $ 58,174.000 Millions | $ 51,740.000 Millions | | Citizens Inc | 1.09 | $ 1,261.011 Millions | $ 1,156.348 Millions | | Globe Life Inc | 0.83 | $ 1,430.914 Millions | $ 1,723.672 Millions | | First Trinity Financial Corp | 0.81 | $ 426.095 Millions | $ 523.886 Millions | | Lincoln National Corporation | 0.80 | $ 124,773.000 Millions | $ 156,572.000 Millions | | Primerica Inc | 0.78 | $ 4,806.208 Millions | $ 6,138.494 Millions | | Metlife Inc | 0.78 | $ 141,366.000 Millions | $ 181,975.000 Millions | | Utg Inc | 0.74 | $ 165.816 Millions | $ 225.526 Millions | | Jackson Financial Inc | 0.62 | $ 8,624.000 Millions | $ 13,966.000 Millions | | Vericity Inc | 0.61 | $ 348.655 Millions | $ 571.923 Millions | | Brighthouse Financial Inc | 0.54 | $ 44,062.000 Millions | $ 82,312.000 Millions | | Corebridge Financial Inc | 0.23 | $ 12,442.000 Millions | $ 54,205.000 Millions | | American Equity Investment Life Holding Co | 0.19 | $ 11,365.864 Millions | $ 60,422.393 Millions | | F and g Annuities and Life Inc | 0.18 | $ 9,792.000 Millions | $ 53,286.000 Millions |
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