Globe Historical Balance Sheet
GL Stock | USD 75.75 0.21 0.28% |
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.
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.
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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
Globe Life Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Globe Life uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Globe Life's Intangible Assets are quite stable compared to the past year. Common Stock is expected to rise to about 121 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 1.1 B. 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.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 tightly coupled 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 Intangible Assets are quite stable compared to the past year. Common Stock is expected to rise to about 121 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 |
Globe Life balance sheet Correlations
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Globe Life Account Relationship Matchups
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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) | (254.9M) | (479.6M) | 430.0M | 1.0B | 959.0M | |
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 | 26.9B | 28.2B | |
Non Currrent Assets Other | (1.5B) | (1.8B) | (1.8B) | (17.5B) | 24.5B | 25.8B | |
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 | 18.1B | 19.0B | |
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 | 1.2B | 1.1B | |
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 | 26.3B | 27.6B | |
Accounts Payable | 1.5B | 1.8B | 1.8B | (430.0M) | (494.5M) | (469.8M) | |
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 |
Globe Life Investors Sentiment
The influence of Globe Life's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Globe. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globe Life's public news can be used to forecast risks associated with an investment in Globe. The trend in average sentiment can be used to explain how an investor holding Globe can time the market purely based on public headlines and social activities around Globe Life. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globe Life's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globe Life's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globe Life's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globe Life.
Globe Life Implied Volatility | 203.81 |
Globe Life's implied volatility exposes the market's sentiment of Globe Life stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Globe Life's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Globe Life stock will not fluctuate a lot when Globe Life's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globe Life in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globe Life's short interest history, or implied volatility extrapolated from Globe Life options trading.
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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 tightly coupled 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Globe Stock analysis
When running Globe Life's price analysis, check to measure Globe Life's 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 Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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Is Globe Life's industry 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 0.171 | Dividend Share 0.675 | Earnings Share 10.46 | Revenue Per Share 58.678 | Quarterly Revenue Growth 0.072 |
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.