Globe Capital Stock vs Short Long Term Debt Analysis
GL Stock | USD 110.48 1.49 1.37% |
Globe Life financial indicator trend analysis is much more than just examining Globe Life latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globe Life is a good investment. Please check the relationship between Globe Life Capital Stock and its Short Long Term Debt accounts. 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.
Capital Stock vs Short Long Term Debt
Capital Stock vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globe Life Capital Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Globe Life's Capital Stock and Short Long Term Debt is -0.73. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Globe Life, assuming nothing else is changed. The correlation between historical values of Globe Life's Capital Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Globe Life are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Capital Stock i.e., Globe Life's Capital Stock and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Globe Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is quite stable compared to the past year. Enterprise Value is expected to rise to about 14.3 B this year, although the value of Selling General Administrative will most likely fall to about 29.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.1B | 5.2B | 5.4B | 3.3B | Interest Expense | 83.5M | 90.4M | 102.3M | 71.3M |
Globe Life fundamental ratios Correlations
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Globe Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globe Life fundamental ratios 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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Try AI Portfolio ArchitectCheck 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.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.