FG Annuities Financials

FG Stock  USD 48.43  0.13  0.27%   
Based on the key indicators related to FG Annuities' liquidity, profitability, solvency, and operating efficiency, FG Annuities Life is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, FG Annuities' Other Assets are most likely to decrease significantly in the upcoming years. The FG Annuities' current Total Assets is estimated to increase to about 113.3 B, while Other Liabilities is projected to decrease to roughly 29.7 B. Key indicators impacting FG Annuities' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.290.5653
Way Down
Slightly volatile
Current Ratio64.94114
Way Down
Slightly volatile
The financial analysis of FG Annuities is a critical element in measuring its lifeblood. Investors should not minimize FG Annuities' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

820.8 Million

  
Understanding current and past FG Annuities Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FG Annuities' financial statements are interrelated, with each one affecting the others. For example, an increase in FG Annuities' assets may result in an increase in income on the income statement.

FG Annuities Stock Summary

FG Annuities competes with Morningstar Unconstrained, Via Renewables, Sitka Gold, MSCI ACWI, and Bim Birlesik. FGL Holdings sells individual life insurance products and annuities in the United States. It sells its products through independent agents, managing general agents, and specialty brokerage firms, as well as various institutional markets. FGL Holdings is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Insurance - Life
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS30190A1043
CUSIP30190A104
LocationIowa; U.S.A
Business Address801 Grand Avenue,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.fglife.com
Phone515 330 3340
CurrencyUSD - US Dollar

FG Annuities Key Financial Ratios

FG Annuities Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Liab28.3B29.3B36.4B44.0B50.6B29.7B
Net Tangible Assets2.0B2.1B2.4B(338M)(388.7M)(369.3M)
Retained Earnings300M136M1.0B1.5B1.9B2.0B
Accounts Payable913M206M220M231M378M404.0M
Other Assets33.8B(22.1B)(24.7B)(25.7B)17.4B18.3B
Total Current Assets969M30.0B35.5B39.4B42.0B21.7B
Common Stock45.2B50.8B57.4B126.4K145.4K138.1K
Total Assets36.7B39.8B48.7B55.1B70.2B113.3B
Other Current Liab4.1B(206M)(220M)(231M)(11M)(10.5M)
Cash969M889M1.5B960M1.6B2.9B
Long Term Debt91.8B589M977M1.1B1.8B1.7B
Net Receivables22.9B3.2B3.7B5.6B9.0B9.8B
Long Term Debt Total91.8B99.3B109.9B1.1B1.0B952.5M
Inventory4.1B4.1B(2.1B)(2.7B)(52.4B)(49.8B)
Other Current Assets6.2B4.3B2.1B2.7B4.8B3.2B
Total Liab34.0B35.7B44.2B53.3B67.1B83.9B
Cash And Equivalents36.6B20.2B17.6B960M864M820.8M
Short Term Debt6.0B5.0B6B547M727M690.7M

FG Annuities Key Income Statement Accounts

201920202021202220232024 (projected)
Ebit442M42M1.1B932M62M58.9M
Tax Provision60M9.7B220M117M(38M)(36.1M)
Interest Income1.4B890M198M29M1.9B1.1B
Total Revenue1.8B1.4B3.4B2.2B4.5B4.3B
Gross Profit1.8B1.4B3.4B2.1B4.4B4.2B
Operating Income442M(97M)1.1B627M62M58.9M
Cost Of Revenue161.8B169.6B213.0B102M146M138.7M
Income Before Tax421M(128M)1.1B598M(35M)(33.3M)
Net Income412M(47M)865M481M(58M)(55.1M)
Income Tax Expense60M89M220M117M23M21.9M

FG Annuities Key Cash Accounts

201920202021202220232024 (projected)
Investments(1.5B)(2.6B)(6.8B)(9.4B)(8.8B)(8.4B)
Change In Cash413M818M644M(573M)603M633.2M
Depreciation128M(13M)484M329M412M432.6M
Capital Expenditures15M28M33M32M27M22.8M
Net Income412M(178M)865M481M(58M)(55.1M)
Change To Netincome(78M)235M(1.3B)(549M)(494.1M)(469.4M)
End Period Cash Flow935M1.8B1.5B960M1.6B1.3B

FG Annuities Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FG Annuities's current stock value. Our valuation model uses many indicators to compare FG Annuities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FG Annuities competition to find correlations between indicators driving FG Annuities's intrinsic value. More Info.
FG Annuities Life is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for FG Annuities Life is roughly  5.22 . At this time, FG Annuities' Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value FG Annuities by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

FG Annuities Life Systematic Risk

FG Annuities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FG Annuities volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on FG Annuities Life correlated with the market. If Beta is less than 0 FG Annuities generally moves in the opposite direction as compared to the market. If FG Annuities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FG Annuities Life is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FG Annuities is generally in the same direction as the market. If Beta > 1 FG Annuities moves generally in the same direction as, but more than the movement of the benchmark.

FG Annuities Thematic Clasifications

FG Annuities Life is part of Insurance investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Insurance industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
InsuranceView
This theme covers USA Equities from Insurance industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in FG Annuities Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FG Annuities' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FG Annuities growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.57

At this time, FG Annuities' Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

FG Annuities November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FG Annuities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FG Annuities Life. We use our internally-developed statistical techniques to arrive at the intrinsic value of FG Annuities Life based on widely used predictive technical indicators. In general, we focus on analyzing FG Annuities Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FG Annuities's daily price indicators and compare them against related drivers.

Complementary Tools for FG Annuities Stock analysis

When running FG Annuities' price analysis, check to measure FG Annuities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FG Annuities is operating at the current time. Most of FG Annuities' value examination focuses on studying past and present price action to predict the probability of FG Annuities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FG Annuities' price. Additionally, you may evaluate how the addition of FG Annuities to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Global Correlations
Find global opportunities by holding instruments from different markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities