Globe Net Income vs Dividends Paid Analysis

GL Stock  USD 118.30  1.06  0.90%   
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 Net Income and its Dividends Paid 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.

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globe Life Net Income account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Globe Life's Net Income and Dividends Paid is 0.14. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid 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 Net Income and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Globe Life are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Globe Life's Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Globe Life financial statement analysis. It represents the amount of money remaining after all of Globe Life operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
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 12.8 B this year, although the value of Selling General Administrative will most likely fall to about 288.6 M.
 2022 2023 2024 2025 (projected)
Total Revenue5.2B5.4B6.3B3.3B
Interest Expense90.4M102.3M117.7M71.3M

Globe Life fundamental ratios Correlations

0.970.630.970.94-0.850.62-0.790.98-0.42-0.340.340.80.490.620.420.480.720.140.83-0.550.520.14-0.490.75-0.14
0.970.491.00.98-0.790.74-0.830.98-0.49-0.40.380.780.540.660.470.360.690.040.87-0.480.40.04-0.470.8-0.32
0.630.490.490.39-0.6-0.15-0.550.47-0.23-0.20.180.38-0.080.31-0.240.370.610.690.22-0.180.360.69-0.350.380.58
0.971.00.490.97-0.780.75-0.830.98-0.5-0.420.40.780.540.660.460.340.660.030.88-0.470.390.04-0.480.81-0.33
0.940.980.390.97-0.690.83-0.840.95-0.56-0.480.320.840.670.640.540.270.66-0.140.89-0.460.32-0.14-0.340.85-0.43
-0.85-0.79-0.6-0.78-0.69-0.340.57-0.86-0.04-0.12-0.14-0.44-0.1-0.56-0.37-0.7-0.72-0.33-0.580.68-0.72-0.340.55-0.33-0.05
0.620.74-0.150.750.83-0.34-0.570.72-0.57-0.510.270.680.790.540.65-0.020.33-0.570.84-0.260.05-0.57-0.130.72-0.85
-0.79-0.83-0.55-0.83-0.840.57-0.57-0.750.590.53-0.24-0.69-0.48-0.54-0.280.03-0.66-0.05-0.570.220.0-0.050.22-0.80.2
0.980.980.470.980.95-0.860.72-0.75-0.37-0.280.320.770.530.660.540.490.70.010.87-0.590.540.02-0.480.71-0.29
-0.42-0.49-0.23-0.5-0.56-0.04-0.570.59-0.370.99-0.3-0.66-0.64-0.30.090.44-0.040.22-0.5-0.230.410.22-0.08-0.810.4
-0.34-0.4-0.2-0.42-0.48-0.12-0.510.53-0.280.99-0.28-0.61-0.61-0.230.150.490.030.21-0.43-0.280.460.21-0.12-0.770.36
0.340.380.180.40.32-0.140.27-0.240.32-0.3-0.280.30.210.330.020.020.060.330.460.270.030.33-0.830.49-0.08
0.80.780.380.780.84-0.440.68-0.690.77-0.66-0.610.30.870.460.470.130.39-0.260.82-0.350.18-0.25-0.220.78-0.25
0.490.54-0.080.540.67-0.10.79-0.480.53-0.64-0.610.210.870.350.59-0.150.14-0.660.72-0.15-0.09-0.660.030.65-0.57
0.620.660.310.660.64-0.560.54-0.540.66-0.3-0.230.330.460.350.190.250.570.010.54-0.050.290.01-0.390.52-0.32
0.420.47-0.240.460.54-0.370.65-0.280.540.090.150.020.470.590.190.270.38-0.570.63-0.540.33-0.56-0.140.2-0.51
0.480.360.370.340.27-0.7-0.020.030.490.440.490.020.13-0.150.250.270.510.350.32-0.681.00.35-0.44-0.030.28
0.720.690.610.660.66-0.720.33-0.660.7-0.040.030.060.390.140.570.380.510.20.47-0.360.540.2-0.270.470.02
0.140.040.690.03-0.14-0.33-0.57-0.050.010.220.210.33-0.26-0.660.01-0.570.350.2-0.220.060.291.0-0.55-0.080.75
0.830.870.220.880.89-0.580.84-0.570.87-0.5-0.430.460.820.720.540.630.320.47-0.22-0.40.38-0.22-0.450.74-0.49
-0.55-0.48-0.18-0.47-0.460.68-0.260.22-0.59-0.23-0.280.27-0.35-0.15-0.05-0.54-0.68-0.360.06-0.4-0.690.060.12-0.050.0
0.520.40.360.390.32-0.720.050.00.540.410.460.030.18-0.090.290.331.00.540.290.38-0.690.29-0.440.020.23
0.140.040.690.04-0.14-0.34-0.57-0.050.020.220.210.33-0.25-0.660.01-0.560.350.21.0-0.220.060.29-0.55-0.080.75
-0.49-0.47-0.35-0.48-0.340.55-0.130.22-0.48-0.08-0.12-0.83-0.220.03-0.39-0.14-0.44-0.27-0.55-0.450.12-0.44-0.55-0.25-0.13
0.750.80.380.810.85-0.330.72-0.80.71-0.81-0.770.490.780.650.520.2-0.030.47-0.080.74-0.050.02-0.08-0.25-0.38
-0.14-0.320.58-0.33-0.43-0.05-0.850.2-0.290.40.36-0.08-0.25-0.57-0.32-0.510.280.020.75-0.490.00.230.75-0.13-0.38
Click cells to compare fundamentals

Globe Life Account Relationship Matchups

Globe Life fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets29.0B29.8B25.5B28.1B32.3B33.9B
Short Long Term Debt Total1.9B2.0B2.1B2.1B2.4B2.6B
Total Stockholder Equity8.8B8.6B4.9B4.5B5.2B3.5B
Net Debt1.8B1.9B2.0B2.0B2.3B2.4B
Retained Earnings5.9B6.2B6.5B7.5B8.6B9.0B
Common Stock Shares Outstanding107.2M103.2M99.0M96.4M86.7M82.4M
Liabilities And Stockholders Equity29.0B29.8B25.5B28.1B32.3B33.9B
Non Current Liabilities Total1.7B1.5B16.2B22.1B25.4B26.6B
Other Stockholder Equity(245.5M)(326.1M)(259.9M)(321.8M)(289.6M)(275.1M)
Total Liab20.3B21.1B20.6B23.6B27.1B28.5B
Other Current Liab(2.5B)(2.7B)(1.6B)(1.5B)(1.7B)(1.6B)
Total Current Liabilities254.9M479.6M1.1B1.5B1.7B1.6B
Property Plant And Equipment Net186M205M212M240M216M226.8M
Non Current Assets Total21.9B22.1B481.8M26.9B30.9B32.4B
Non Currrent Assets Other(1.8B)(1.8B)(17.5B)23.9B21.5B22.6B
Short Term Debt254.9M479.6M449.1M486.1M559.0M301.9M
Common Stock113.2M109.2M105.2M102.2M117.6M121.0M
Cash94.8M92.2M92.6M103.2M118.6M70.9M
Cash And Short Term Investments21.4B21.5B16.7B103.2M118.6M112.7M
Net Receivables474.2M487.4M484.9M630.2M724.8M761.0M
Common Stock Total Equity117.2M113.2M109.2M105.2M121.0M122.7M
Short Term Investments21.3B21.4B16.6B191.6M220.3M209.3M
Other Current Assets998.2M999.8M1.1B1.2B1.1B1.0B
Total Current Assets21.9B22.0B206.7M733.4M843.4M801.2M
Accumulated Other Comprehensive Income3.0B2.7B(1.4B)(2.8B)(3.2B)(3.0B)
Other Assets(14.8B)(14.2B)24.8B462.0M415.8M395.0M
Accounts Payable399.5M412.9M509.4M514.9M463.4M677.2M
Net Tangible Assets6.9B8.3B8.1B4.4B5.1B5.9B
Long Term Debt1.7B1.5B1.6B1.6B1.9B1.4B
Retained Earnings Total Equity5.6B5.9B6.2B6.5B7.4B5.3B
Long Term Debt Total1.3B1.7B1.5B1.6B1.9B1.4B
Capital Surpluse531.6M527.4M520.6M529.7M609.1M551.8M
Long Term Investments22.7B23.0B18.5B18.0B20.6B19.6B
Treasury Stock(750.6M)(772.9M)(846.7M)(789.5M)(710.6M)(746.1M)
Non Current Liabilities Other15.6B16.5B17.3B17.9B20.6B16.5B
Other Liab15.1B16.0B16.9B17.4B20.0B16.8B
Short Long Term Debt254.9M479.6M449.1M486.1M559.0M381.2M

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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
11.9
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.