Globe Non Current Assets Total from 2010 to 2024

GL Stock  USD 111.38  0.90  0.81%   
Globe Life Non Current Assets Total yearly trend continues to be quite stable with very little volatility. Non Current Assets Total may rise above about 29.3 B this year. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
1989-03-31
Previous Quarter
27.1 B
Current Value
21.7 B
Quarterly Volatility
B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe Life's main balance sheet or income statement drivers, such as Interest Expense of 71.3 M, Total Revenue of 3.3 B or Gross Profit of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0069 or PTB Ratio of 2.45. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

Latest Globe Life's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of Globe Life over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Globe Life's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globe Life's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Slightly volatile
   Non Current Assets Total   
       Timeline  

Globe Non Current Assets Total Regression Statistics

Arithmetic Mean10,858,751,277
Geometric Mean5,787,276,744
Coefficient Of Variation93.41
Mean Deviation8,874,463,302
Median5,480,196,000
Standard Deviation10,143,367,673
Sample Variance102887907.7T
Range29.2B
R-Value0.74
Mean Square Error49437005.4T
R-Squared0.55
Significance0
Slope1,687,929,457
Total Sum of Squares1440430708.5T

Globe Non Current Assets Total History

202429.3 B
202327.9 B
2022481.8 M
202122.1 B
202021.9 B
201919.5 B
20185.9 B

About Globe Life Financial Statements

Globe Life investors utilize fundamental indicators, such as Non Current Assets Total, to predict how Globe 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
Non Current Assets Total27.9 B29.3 B

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Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Life & Health 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 Globe Life. If investors know Globe 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 Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.284
Dividend Share
0.945
Earnings Share
11.8
Revenue Per Share
62.39
Quarterly Revenue Growth
0.052
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's 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 Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's 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 Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's 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.