Current Ratio

LNC’s current ratio of 18.36x means the company holds $18.36 in current assets (cash, receivables, inventory) for every $1 of current liabilities due within a year, indicating exceptional short-term liquidity.

This far exceeds the sector median of 1.21x and places LNC in the 99th percentile among its peers, suggesting it maintains far more liquid assets relative to obligations than virtually all comparable firms. There is no available data on the year-over-year or quarter-over-quarter change, and the trend direction over the last eight quarters is also not available, so no directional insight can be drawn. The extremely high level combined with the absence of trend information implies very low liquidity risk but may signal inefficient use of capital, as excess cash or inventory could be better deployed. This metric does not strongly support or contradict the overall NEUTRAL verdict; it highlights a unique liquidity position that could be either prudent or wasteful depending on context, aligning with a balanced assessment.

Frequently Asked Questions

Closest Sector Peers