FGN Financial Statements From 2010 to 2024

FGN Stock   27.35  0.31  1.15%   
FG Annuities financial statements provide useful quarterly and yearly information to potential FG Annuities Life investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on FG Annuities financial statements helps investors assess FG Annuities' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting FG Annuities' valuation are summarized below:
FG Annuities Life does not at this moment have any fundamental measures for analysis.

FG Annuities Total Revenue

3.99 Billion

Check FG Annuities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FG Annuities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 56.8 M or Total Revenue of 4 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0253 or PTB Ratio of 0.75. FGN financial statements analysis is a perfect complement when working with FG Annuities Valuation or Volatility modules.
  
Check out the analysis of FG Annuities Correlation against competitors.

FG Annuities Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets57.9 B62.7 B47.5 B
Slightly volatile
Short and Long Term Debt Total1.4 B1.8 B1.1 B
Slightly volatile
Total Current Liabilities42.1 B43.3 B35.1 B
Slightly volatile
Total Stockholder Equity2.7 B3.1 B4.1 B
Slightly volatile
Property Plant And Equipment Net32.7 B49.7 B8.1 B
Slightly volatile
Retained Earnings1.8 B1.9 B1.2 B
Slightly volatile
Accounts Payable46.1 B49.1 B37.6 B
Slightly volatile
Cash1.5 B1.6 B1.5 B
Slightly volatile
Non Current Assets Total54.6 B58.8 B45.1 B
Slightly volatile
Non Currrent Assets OtherBB740.9 M
Slightly volatile
Cash And Short Term Investments2.9 B3.4 B2.2 B
Slightly volatile
Good Will1.4 B1.6 B1.7 B
Slightly volatile
Common Stock Shares Outstanding126.1 M124 M108.3 M
Slightly volatile
Short Term Investments1.5 B1.8 B714.3 M
Slightly volatile
Liabilities And Stockholders Equity57.9 B62.7 B47.5 B
Slightly volatile
Non Current Liabilities Total12.2 B16.3 B8.2 B
Slightly volatile
Other Current Assets3.3 B3.9 B2.3 B
Slightly volatile
Other Stockholder Equity3.3 B3.2 B2.8 B
Slightly volatile
Total Liabilities54.3 B59.6 B43.3 B
Slightly volatile
Total Current Assets3.3 B3.9 B2.3 B
Slightly volatile
Short Term Debt701.8 M729 M569.5 M
Slightly volatile
Intangible Assets3.4 B3.8 B4.1 B
Slightly volatile

FG Annuities Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization28.5 M30 M392.7 M
Slightly volatile
Interest Expense56.8 M97 M35.4 M
Slightly volatile
Total RevenueB4.5 B3.9 B
Pretty Stable
Gross ProfitB4.5 B3.9 B
Pretty Stable
Other Operating Expenses3.2 B4.4 B2.9 B
Pretty Stable
Operating Income58.9 M113.8 M24.5 M
Slightly volatile
EBITDA28.5 M30 M1.3 B
Slightly volatile
Total Operating Expenses766.7 M790 M717 M
Very volatile
Income Tax Expense21.9 M23 M189.5 M
Slightly volatile

FG Annuities Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow4.2 B6.1 B2.5 B
Slightly volatile
Change In Working Capital3.7 B5.3 B2.2 B
Slightly volatile
Begin Period Cash Flow1.2 B960 M960.1 M
Slightly volatile
Other Cashflows From Financing Activities3.8 B3.2 B5.4 B
Slightly volatile
Depreciation28.5 M30 M392.7 M
Slightly volatile
Capital Expenditures24.5 M27 M32 M
Slightly volatile
Total Cash From Operating Activities4.3 B6.2 B2.5 B
Slightly volatile
Total Cash From Financing ActivitiesB3.7 B5.4 B
Slightly volatile
End Period Cash Flow1.5 B1.6 B1.5 B
Slightly volatile
Dividends Paid80.8 M90.9 M99 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.70.70540.7113
Slightly volatile
Dividend Yield0.02530.02840.0309
Slightly volatile
PTB Ratio0.751.03140.6726
Slightly volatile
Book Value Per Share32.5125.024239.4012
Slightly volatile
Free Cash Flow Yield1.031.92070.8753
Slightly volatile
Operating Cash Flow Per Share26.4949.790322.5032
Slightly volatile
Capex To Depreciation0.620.90.2448
Slightly volatile
PB Ratio0.751.03140.6726
Slightly volatile
EV To Sales0.690.74990.6087
Slightly volatile
Free Cash Flow Per Share26.2749.572622.204
Slightly volatile
ROIC0.03190.03040.0073
Slightly volatile
Capex To Revenue0.01020.0060.0086
Pretty Stable
Cash Per Share18.5227.330619.9167
Slightly volatile
POCF Ratio0.980.51841.2058
Slightly volatile
Interest Coverage0.520.920.3847
Slightly volatile
Capex To Operating Cash Flow0.00420.00440.0142
Slightly volatile
PFCF Ratio0.990.52071.2246
Slightly volatile
EV To Operating Cash Flow0.910.55110.992
Slightly volatile
EV To Free Cash Flow0.920.55351.0072
Slightly volatile
Intangibles To Total Assets0.03730.02790.0378
Slightly volatile
Current Ratio0.06160.08970.0645
Slightly volatile
Tangible Book Value Per Share15.6210.919422.942
Slightly volatile
Graham Number15.4216.228476.6919
Slightly volatile
Shareholders Equity Per Share32.5125.024239.4012
Slightly volatile
Debt To Equity0.340.56590.2655
Slightly volatile
Capex Per Share0.30.21770.3045
Slightly volatile
Revenue Per Share34.8436.588736.2996
Slightly volatile
Interest Debt Per Share9.1914.94359.9363
Slightly volatile
Debt To Assets0.01920.0280.022
Pretty Stable
Enterprise Value Over EBITDA11911316.8048
Slightly volatile
Short Term Coverage Ratios5.948.46916.4807
Pretty Stable
Price Book Value Ratio0.751.03140.6726
Slightly volatile
Price To Operating Cash Flows Ratio0.980.51841.2058
Slightly volatile
Price To Free Cash Flows Ratio0.990.52071.2246
Slightly volatile
Operating Profit Margin0.02060.01960.0058
Slightly volatile
Company Equity Multiplier13.6320.212711.6934
Slightly volatile
Long Term Debt To Capitalization0.170.24870.1837
Slightly volatile
Total Debt To Capitalization0.230.36140.2036
Slightly volatile
Return On Capital Employed0.00230.00460.0014
Slightly volatile
Debt Equity Ratio0.340.56590.2655
Slightly volatile
Ebit Per Revenue0.02060.01960.0058
Slightly volatile
Quick Ratio0.06160.08970.0645
Slightly volatile
Dividend Paid And Capex Coverage Ratio80.0648.234464.8052
Slightly volatile
Net Income Per E B T0.871.65710.8644
Slightly volatile
Cash Ratio0.03930.03610.0432
Slightly volatile
Operating Cash Flow Sales Ratio0.891.36080.656
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.790.99560.972
Slightly volatile
Cash Flow Coverage Ratios2.323.51592.2524
Slightly volatile
Price To Book Ratio0.751.03140.6726
Slightly volatile
Fixed Asset Turnover0.08670.0913151
Slightly volatile
Capital Expenditure Coverage Ratio24022987.5034
Slightly volatile
Price Cash Flow Ratio0.980.51841.2058
Slightly volatile
Enterprise Value Multiple11911316.8048
Slightly volatile
Debt Ratio0.01920.0280.022
Pretty Stable
Cash Flow To Debt Ratio2.323.51592.2524
Slightly volatile
Price Sales Ratio0.70.70540.7113
Slightly volatile
Asset Turnover0.07610.07230.0832
Slightly volatile
Price Fair Value0.751.03140.6726
Slightly volatile

FGN Fundamental Market Drivers

Cash And Short Term Investments3.4 B

About FG Annuities Financial Statements

FG Annuities investors utilize fundamental indicators, such as revenue or net income, to predict how FGN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue4.5 BB
Capex To Revenue 0.01  0.01 
Revenue Per Share 36.59  34.84 
Ebit Per Revenue 0.02  0.02 

Pair Trading with FG Annuities

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FG Annuities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FG Annuities will appreciate offsetting losses from the drop in the long position's value.

Moving together with FGN Stock

  0.61GL Globe LifePairCorr

Moving against FGN Stock

  0.72CNA CNA FinancialPairCorr
  0.53HG Hamilton Insurance Group,PairCorr
  0.49CI Cigna CorpPairCorr
  0.42FACO First Acceptance CorpPairCorr
  0.38ESNT Essent GroupPairCorr
The ability to find closely correlated positions to FG Annuities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FG Annuities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FG Annuities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FG Annuities Life to buy it.
The correlation of FG Annuities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FG Annuities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG Annuities Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FG Annuities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FG Annuities Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FG Annuities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fg Annuities Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fg Annuities Life Stock:
Check out the analysis of FG Annuities Correlation against competitors.
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Is Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FG Annuities. If investors know FGN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FG Annuities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of FG Annuities Life is measured differently than its book value, which is the value of FGN that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.