CNA Financial (CNA) Balance Sheet: Assets & Liabilities

CNA Financial (CNA) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), CNA Financial reported total assets of $69.44B and total liabilities of $57.82B. Shareholders' equity was $11.62B, up 10.5% from $10.51B a year earlier. Total debt stood at $2.97B against $4.13B in cash and short-term investments, a net cash position of $1.16B. That puts debt-to-equity at 0.26, compared with 0.29 a year earlier.

CNA Financial Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for CNA Financial Corporation (CNA) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.43	0.47	0.35	0.48	0.54	0.42	0.24	0.31	0.36
Short-Term Investments	3.71	3.84	0.00	2.83	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	4.13	4.31	0.35	3.31	0.54	0.42	0.24	0.31	0.36
Accounts Receivable	10.60	9.72	3.44	8.57	2.95	2.61	2.45	2.32	2.29
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Assets	14.73	4.14	3.79	3.63	3.48	3.03	2.69	2.63	2.65
Non-Current Assets
Property, Plant & Equipment (Net)	0.28	0.30	0.39	0.23	0.23	0.45	0.50	0.32	0.33
Long-Term Investments	46.74	2.52	46.56	1.93	50.33	50.29	47.74	44.49	46.87
Goodwill	0.15	0.15	0.15	0.14	0.15	0.15	0.15	0.15	0.15
Intangible Assets	0.99	0.08	0.08	0.07	0.07	0.07	0.00	0.00	0.00
Other Non-Current Assets	5.98	7.29	7.32	7.00	6.61	5.52	5.15	4.75	2.18
Total Non-Current Assets	54.71	56.67	55.77	52.16	58.21	57.17	54.18	50.29	50.08
Total Assets	69.44	66.49	59.56	61.00	66.64	60.19	56.87	52.92	52.73
Current Liabilities
Accounts Payable	0.00	0.05	0.00	0.03	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	0.00	0.04	0.59	0.24	0.04	0.04	0.04	0.00	0.15
Accrued Liabilities	0.03	0.03	0.03	0.03	0.06	-	-	-	-
Deferred Revenue	7.64	7.35	6.93	6.37	5.76	5.12	4.58	4.18	4.03
Other Current Liabilities	30.74	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	38.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities
Long-Term Debt	2.97	2.97	2.66	2.78	2.78	3.07	3.01	2.68	2.71
Deferred Tax Liabilities	0.00	0.37	0.26	0.21	0.51	0.62	0.44	0.19	0.42
Other Non-Current Liabilities	12.34	42.23	42.05	39.56	40.88	39.77	37.43	35.43	37.35
Total Non-Current Liabilities	19.45	50.30	49.67	47.25	48.88	47.49	44.65	41.70	40.48
Total Liabilities	57.82	55.98	49.67	52.45	53.83	47.49	44.65	41.70	40.48
Stockholders' Equity
Common Stock	0.68	0.68	0.68	0.68	0.68	0.68	0.68	0.68	0.68
Retained Earnings	9.92	9.69	9.76	9.34	9.66	9.08	9.35	9.28	9.41
Accumulated Other Comprehensive Income	-1.10	-1.99	-2.67	-3.60	0.32	0.80	0.05	-0.88	0.03
Treasury Stock	0.11	0.09	0.09	0.09	-	-	-	-	-
Additional Paid-in Capital	2.12	2.23	2.13	2.22	2.14	2.14	2.13	2.14	2.12
Shares Outstanding	0.27	0.27	0.27	0.27	-	-	-	-	-
Total Stockholders' Equity	11.62	10.51	9.89	8.55	12.81	12.71	12.22	11.22	12.24
Total Liabilities & Equity	69.44	66.49	64.71	61.00	48.55	64.03	52.12	57.15	56.57

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About CNA Financial Balance Sheet

How much debt does CNA Financial have?

CNA Financial had total debt of $2.97B as of Dec 31, 2025, against $4.13B in cash and short-term investments. Its debt-to-equity ratio was 0.26. Total debt was $3.02B a year earlier.

What are CNA Financial's total assets?

CNA Financial reported total assets of $69.44B as of Dec 31, 2025, up 4.4% from $66.49B a year earlier. Total liabilities were $57.82B.

What is CNA Financial's shareholders' equity?

CNA Financial's shareholders' equity was $11.62B as of Dec 31, 2025, or about $42.93 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition