Globe Historical Balance Sheet

GL Stock

USD 110.48 1.49 1.37%

Trend analysis of Globe Life balance sheet accounts such as Total Stockholder Equity of 3.5 B provides information on Globe Life's total assets, liabilities, and equity, which is the actual value of Globe Life to its prevalent stockholders. By breaking down trends over time using Globe Life balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Globe Life latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globe Life is a good buy for the upcoming year.

Globe Life Inventory

(855.87 Million)

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

About Globe Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Globe Life at a specified time, usually calculated after every quarter, six months, or one year. Globe Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Globe Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Globe currently owns. An asset can also be divided into two categories, current and non-current.

Globe Life Balance Sheet Chart

At this time, Globe Life's Common Stock is quite stable compared to the past year. Net Receivables is expected to rise to about 661.7 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 1.1 B.

Total Assets Short Long Term Debt Total Total Stockholder Equity Net Debt Capital Surpluse Net Invested Capital

Add Fundamental

Total Assets

Total assets refers to the total amount of Globe Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globe Life books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most accounts from Globe Life's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Globe Life current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.At this time, Globe Life's Common Stock is quite stable compared to the past year. Net Receivables is expected to rise to about 661.7 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 1.1 B.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	2.0B	2.1B	2.1B	1.1B
Total Assets	29.8B	25.5B	28.1B	16.0B

Short Long Term Debt Total Total Assets

Globe Life balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Short Term Debt	Intangible Assets	Common Stock	Cash	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.96	0.86	0.96	0.7	-0.81	0.15	-0.65	0.98	-0.2	-0.14	0.25	0.47	-0.08	0.64	-0.02	0.42	0.78	0.62	0.52	-0.27	0.51	0.62	-0.5	0.47	0.31
Short Long Term Debt Total	0.96		0.75	1.0	0.77	-0.79	0.33	-0.73	0.97	-0.29	-0.22	0.32	0.46	-0.13	0.7	0.03	0.3	0.77	0.53	0.59	-0.23	0.42	0.53	-0.51	0.57	0.1
Total Stockholder Equity	0.86	0.75		0.74	0.5	-0.61	-0.17	-0.55	0.74	-0.24	-0.2	0.17	0.45	0.14	0.35	-0.27	0.37	0.65	0.75	0.31	-0.16	0.34	0.75	-0.35	0.38	0.64
Net Debt	0.96	1.0	0.74		0.77	-0.78	0.34	-0.73	0.97	-0.31	-0.24	0.34	0.47	-0.12	0.71	0.02	0.28	0.74	0.53	0.6	-0.22	0.4	0.53	-0.52	0.57	0.09
Retained Earnings	0.7	0.77	0.5	0.77		-0.73	0.74	-0.88	0.72	-0.51	-0.44	0.31	0.77	0.13	0.6	0.34	0.26	0.67	0.09	0.83	-0.53	0.41	0.09	-0.36	0.84	-0.27
Common Stock Shares Outstanding	-0.81	-0.79	-0.61	-0.78	-0.73		-0.29	0.55	-0.87	-0.09	-0.16	-0.12	-0.42	0.32	-0.57	-0.33	-0.7	-0.73	-0.43	-0.6	0.72	-0.76	-0.44	0.54	-0.29	-0.13
Non Current Liabilities Total	0.15	0.33	-0.17	0.34	0.74	-0.29		-0.56	0.25	-0.53	-0.48	0.26	0.55	0.1	0.42	0.49	-0.08	0.21	-0.47	0.74	-0.36	0.12	-0.47	-0.12	0.7	-0.83
Other Stockholder Equity	-0.65	-0.73	-0.55	-0.73	-0.88	0.55	-0.56		-0.62	0.56	0.51	-0.23	-0.69	-0.24	-0.48	-0.19	0.05	-0.62	-0.13	-0.56	0.33	-0.07	-0.13	0.21	-0.8	0.14
Total Liab	0.98	0.97	0.74	0.97	0.72	-0.87	0.25	-0.62		-0.12	-0.05	0.23	0.43	-0.2	0.7	0.1	0.46	0.78	0.53	0.56	-0.35	0.58	0.53	-0.52	0.43	0.17
Other Current Liab	-0.2	-0.29	-0.24	-0.31	-0.51	-0.09	-0.53	0.56	-0.12		0.99	-0.28	-0.63	-0.67	-0.21	0.29	0.48	0.05	0.13	-0.43	-0.19	0.39	0.13	-0.1	-0.8	0.33
Total Current Liabilities	-0.14	-0.22	-0.2	-0.24	-0.44	-0.16	-0.48	0.51	-0.05	0.99		-0.26	-0.59	-0.7	-0.14	0.33	0.52	0.11	0.15	-0.37	-0.24	0.44	0.15	-0.14	-0.76	0.31
Property Plant And Equipment Net	0.25	0.32	0.17	0.34	0.31	-0.12	0.26	-0.23	0.23	-0.28	-0.26		0.29	0.06	0.31	-0.05	0.01	0.02	0.39	0.5	0.24	0.06	0.4	-0.83	0.49	-0.05
Non Current Assets Total	0.47	0.46	0.45	0.47	0.77	-0.42	0.55	-0.69	0.43	-0.63	-0.59	0.29		0.67	0.33	0.28	0.09	0.31	-0.1	0.74	-0.44	0.26	-0.09	-0.21	0.76	-0.08
Non Currrent Assets Other	-0.08	-0.13	0.14	-0.12	0.13	0.32	0.1	-0.24	-0.2	-0.67	-0.7	0.06	0.67		-0.15	-0.15	-0.41	-0.27	-0.29	0.13	0.1	-0.32	-0.29	0.27	0.43	0.07
Short Term Debt	0.64	0.7	0.35	0.71	0.6	-0.57	0.42	-0.48	0.7	-0.21	-0.14	0.31	0.33	-0.15		-0.02	0.24	0.5	0.23	0.46	-0.12	0.38	0.23	-0.42	0.45	-0.16
Intangible Assets	-0.02	0.03	-0.27	0.02	0.34	-0.33	0.49	-0.19	0.1	0.29	0.33	-0.05	0.28	-0.15	-0.02		0.27	0.3	-0.47	0.46	-0.65	0.43	-0.46	-0.12	0.05	-0.38
Common Stock	0.42	0.3	0.37	0.28	0.26	-0.7	-0.08	0.05	0.46	0.48	0.52	0.01	0.09	-0.41	0.24	0.27		0.52	0.4	0.33	-0.63	0.95	0.4	-0.43	-0.08	0.34
Cash	0.78	0.77	0.65	0.74	0.67	-0.73	0.21	-0.62	0.78	0.05	0.11	0.02	0.31	-0.27	0.5	0.3	0.52		0.36	0.44	-0.42	0.6	0.36	-0.26	0.41	0.17
Cash And Short Term Investments	0.62	0.53	0.75	0.53	0.09	-0.43	-0.47	-0.13	0.53	0.13	0.15	0.39	-0.1	-0.29	0.23	-0.47	0.4	0.36		0.02	0.14	0.26	1.0	-0.61	0.0	0.71
Net Receivables	0.52	0.59	0.31	0.6	0.83	-0.6	0.74	-0.56	0.56	-0.43	-0.37	0.5	0.74	0.13	0.46	0.46	0.33	0.44	0.02		-0.46	0.5	0.02	-0.52	0.71	-0.33
Good Will	-0.27	-0.23	-0.16	-0.22	-0.53	0.72	-0.36	0.33	-0.35	-0.19	-0.24	0.24	-0.44	0.1	-0.12	-0.65	-0.63	-0.42	0.14	-0.46		-0.68	0.14	0.12	-0.1	0.09
Common Stock Total Equity	0.51	0.42	0.34	0.4	0.41	-0.76	0.12	-0.07	0.58	0.39	0.44	0.06	0.26	-0.32	0.38	0.43	0.95	0.6	0.26	0.5	-0.68		0.26	-0.46	0.06	0.18
Short Term Investments	0.62	0.53	0.75	0.53	0.09	-0.44	-0.47	-0.13	0.53	0.13	0.15	0.4	-0.09	-0.29	0.23	-0.46	0.4	0.36	1.0	0.02	0.14	0.26		-0.62	0.01	0.71
Other Current Assets	-0.5	-0.51	-0.35	-0.52	-0.36	0.54	-0.12	0.21	-0.52	-0.1	-0.14	-0.83	-0.21	0.27	-0.42	-0.12	-0.43	-0.26	-0.61	-0.52	0.12	-0.46	-0.62		-0.23	-0.17
Property Plant And Equipment Gross	0.47	0.57	0.38	0.57	0.84	-0.29	0.7	-0.8	0.43	-0.8	-0.76	0.49	0.76	0.43	0.45	0.05	-0.08	0.41	0.0	0.71	-0.1	0.06	0.01	-0.23		-0.32
Total Current Assets	0.31	0.1	0.64	0.09	-0.27	-0.13	-0.83	0.14	0.17	0.33	0.31	-0.05	-0.08	0.07	-0.16	-0.38	0.34	0.17	0.71	-0.33	0.09	0.18	0.71	-0.17	-0.32

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Globe Life Account Relationship Matchups

Globe Life balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.0B	29.0B	29.8B	25.5B	28.1B	16.0B
Short Long Term Debt Total	1.6B	1.9B	2.0B	2.1B	2.1B	1.1B
Total Stockholder Equity	7.3B	8.8B	8.6B	4.9B	4.5B	3.5B
Net Debt	1.6B	1.8B	1.9B	2.0B	2.0B	1.1B
Retained Earnings	5.6B	5.9B	6.2B	6.5B	7.5B	7.9B
Common Stock Shares Outstanding	111.4M	107.2M	103.2M	99.0M	96.4M	91.5M
Liabilities And Stockholders Equity	26.0B	29.0B	29.8B	25.5B	28.1B	16.0B
Non Current Liabilities Total	1.3B	1.7B	1.5B	16.2B	22.1B	23.2B
Other Stockholder Equity	(219.1M)	(245.5M)	(326.1M)	(259.9M)	(321.8M)	(305.7M)
Total Liab	18.7B	20.3B	21.1B	20.6B	23.6B	12.1B
Other Current Liab	(298.7M)	(2.5B)	(2.7B)	(1.6B)	(1.5B)	(1.4B)
Total Current Liabilities	298.7M	254.9M	479.6M	1.1B	1.5B	1.4B
Property Plant And Equipment Net	161M	186M	205M	212M	239.9M	251.9M
Non Current Assets Total	19.5B	21.9B	22.1B	481.8M	27.9B	29.3B
Non Currrent Assets Other	(1.5B)	(1.8B)	(1.8B)	(17.5B)	(2.9B)	(3.1B)
Short Term Debt	298.7M	254.9M	479.6M	449.1M	486.1M	301.9M
Common Stock	117.2M	113.2M	109.2M	105.2M	102.2M	121.0M
Cash	75.9M	94.8M	92.2M	92.6M	103.2M	70.9M
Cash And Short Term Investments	19.0B	21.4B	21.5B	16.7B	103.2M	98.0M
Net Receivables	441.7M	474.2M	487.4M	484.9M	630.2M	661.7M
Common Stock Total Equity	117.2M	113.2M	109.2M	105.2M	121.0M	122.7M
Short Term Investments	18.9B	21.3B	21.4B	16.6B	191.6M	182.0M
Other Current Assets	887.8M	998.2M	999.8M	1.1B	1.2B	1.1B
Property Plant And Equipment Gross	108M	135M	161M	186M	213.9M	224.6M
Total Current Assets	19.5B	21.9B	22.0B	206.7M	733.4M	696.7M
Accumulated Other Comprehensive Income	1.8B	3.0B	2.7B	(1.4B)	(2.8B)	(2.6B)
Other Assets	(13.0B)	(14.8B)	(14.2B)	24.8B	(630.2M)	(598.7M)
Accounts Payable	1.5B	399.5M	412.9M	509.4M	514.9M	677.2M
Net Tangible Assets	6.9B	8.3B	8.1B	4.4B	5.1B	5.9B
Long Term Debt	1.3B	1.7B	1.5B	1.6B	1.6B	1.4B
Retained Earnings Total Equity	5.6B	5.9B	6.2B	6.5B	7.4B	5.3B
Long Term Debt Total	1.3B	1.7B	1.5B	1.6B	1.9B	1.4B
Capital Surpluse	531.6M	527.4M	520.6M	529.7M	609.1M	551.8M
Long Term Investments	20.1B	22.7B	23.0B	18.5B	18.0B	19.6B
Treasury Stock	(750.6M)	(772.9M)	(846.7M)	(789.5M)	(710.6M)	(746.1M)
Non Current Liabilities Other	15.6B	16.5B	17.3B	17.9B	20.6B	16.5B
Other Liab	15.1B	16.0B	16.9B	17.4B	20.0B	16.8B
Short Long Term Debt	298.7M	254.9M	479.6M	449.1M	486.1M	381.2M

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How To Invest In Globe

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Is Globe Stock a good investment?

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What is Globe Life's Net Worth?

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For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Globe Historical Balance Sheet

Globe Life Inventory

(855.87 Million)

About Globe Balance Sheet Analysis

Globe Life Balance Sheet Chart

Total Assets

Total Stockholder Equity

Net Debt

Net Invested Capital

Globe Life balance sheet Correlations

Globe Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Globe Life balance sheet Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Cash And Short Term Investments
Total Current Liabilities	+ 0.99	Other Current Liab
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Net Debt

Other Stockholder Equity	- 0.88	Retained Earnings
Total Liab	- 0.87	Common Stock Shares Outstanding
Other Current Assets	- 0.83	Property Plant And Equipment Net
Total Current Assets	- 0.83	Non Current Liabilities Total
Common Stock Shares Outstanding	- 0.81	Total Assets
Property Plant And Equipment Gross	- 0.8	Other Current Liab