Life Insurance Corporation of India
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Life Insurance Corporation of India's balance sheet done over the years? Its assets were worth $53,160,471,200,000 last year, which is more than in the previous period. 98% of Life Insurance Corporation of India’s total assets is currently financed by debt. Its liabilities reached the amount of $52,331,475,200,000, which means an increase by 23% compared compared to last year.
Debt to Assets
| 2019 | 34272492770000 | 34.26T | 99.97% |
|---|---|---|---|
| 2020 | 34998340790000 | 34.98T | 99.97% |
| 2021 | 38295242060000 | 38.22T | 99.82% |
| 2022 | 42540589339000 | 42.42T | 99.73% |
| 2024 | 53160471200000 | 52.33T | 98.44% |
LICI.NS Balance Sheet (2018 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 361.65B | 447.24B | 292.26B | 523.38B | 471.09B |
Short term investments | 169.95B | 1.02T | 305.40B | 117.97B | 143.40B |
Net receivables | 0 | -2.76T | -2.39T | -2.28T | -2.18T |
Inventory | 0 | 725.33M | 733.83M | 683.96M | 716.88M |
Other current assets | 0 | 2.76T | 2.15T | 2.27T | 2.18T |
Total current assets | 418.24B | 447.24B | 360.78B | 631.52B | 615.21B |
Non-current assets: | |||||
Property, Plant and Equipment | 40.63B | 35.70B | 34.46B | 110.72B | 110.99B |
Goodwill | 0 | 0 | 0 | 33.28B | 33.51B |
Intangible assets | 111.2M | 211.97M | 273.99M | 1.70B | 1.16B |
Long term investments | 49.40T | 39.16T | 34.84T | 29.43T | 28.66T |
Other non-current assets | 3.29T | -35.70B | -34.74B | -145.71B | -28.81T |
Total non-current assets | 52.74T | 35.70B | 34.74B | 145.71B | 28.81T |
Total assets | 53.16T | 42.54T | 38.29T | 34.99T | 34.27T |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 786.93M | 781.56M | 857.22M |
Short term debt | 0 | 0 | 3.14B | 3.86B | 2.78B |
Total current liabilities | 553.22B | 565.74B | 3.92B | 4.65B | 3.63B |
| Non-current liabilities: | |||||
Long term debt | 0 | 12.88M | 36.65M | 580.00B | 596.51B |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 52.33T | -12.88M | -36.65M | 1.95T | -596.51B |
Total non-current liabilities | 52.33T | 42.42T | 36.65M | 2.53T | 596.51B |
Total liabilities | 52.33T | 42.42T | 38.22T | 34.98T | 34.26T |
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