Globe Short Term Investments vs Retained Earnings Analysis

GL Stock

USD 83.94 3.84 4.37%

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 Short Term Investments and its Retained Earnings 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 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.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globe Life Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.

The correlation between Globe Life's Short Term Investments and Retained Earnings is 0.09. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings 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 Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Globe Life are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Globe Life's Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Globe Life balance sheet. It contains any investments Globe Life undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Globe Life can easily liquidate in the marketplace.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 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 288.6 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

Total Revenue Interest Expense

Globe Life fundamental ratios 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	-0.15	-0.14	0.25	0.48	-0.01	0.64	-0.02	0.42	0.78	0.8	0.52	-0.27	0.51	0.62	-0.5	0.47	0.32
Short Long Term Debt Total	0.96		0.75	1.0	0.77	-0.79	0.33	-0.73	0.97	-0.23	-0.22	0.32	0.47	0.05	0.7	0.03	0.3	0.77	0.79	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	-0.21	-0.2	0.17	0.47	-0.11	0.35	-0.27	0.37	0.65	0.71	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	-0.25	-0.24	0.34	0.47	0.06	0.71	0.02	0.28	0.74	0.8	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	-0.45	-0.44	0.31	0.77	0.54	0.6	0.34	0.26	0.67	0.75	0.83	-0.53	0.41	0.09	-0.36	0.84	-0.26
Common Stock Shares Outstanding	-0.81	-0.79	-0.61	-0.78	-0.73		-0.29	0.55	-0.87	-0.15	-0.16	-0.12	-0.42	-0.03	-0.57	-0.33	-0.7	-0.73	-0.75	-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	-0.48	-0.48	0.26	0.53	0.72	0.42	0.49	-0.08	0.21	0.3	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	0.52	0.51	-0.23	-0.69	-0.45	-0.48	-0.19	0.05	-0.62	-0.62	-0.56	0.33	-0.07	-0.13	0.21	-0.8	0.13
Total Liab	0.98	0.97	0.74	0.97	0.72	-0.87	0.25	-0.62		-0.06	-0.05	0.23	0.43	0.01	0.7	0.1	0.46	0.78	0.77	0.56	-0.35	0.58	0.53	-0.52	0.43	0.17
Other Current Liab	-0.15	-0.23	-0.21	-0.25	-0.45	-0.15	-0.48	0.52	-0.06		1.0	-0.26	-0.6	-0.58	-0.15	0.33	0.51	0.1	-0.2	-0.37	-0.24	0.43	0.14	-0.14	-0.76	0.3
Total Current Liabilities	-0.14	-0.22	-0.2	-0.24	-0.44	-0.16	-0.48	0.51	-0.05	1.0		-0.26	-0.59	-0.58	-0.14	0.33	0.52	0.11	-0.19	-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	-0.26	-0.26		0.29	0.18	0.31	-0.05	0.01	0.02	0.69	0.5	0.24	0.06	0.4	-0.83	0.49	-0.04
Non Current Assets Total	0.48	0.47	0.47	0.47	0.77	-0.42	0.53	-0.69	0.43	-0.6	-0.59	0.29		0.82	0.33	0.26	0.09	0.31	0.6	0.73	-0.43	0.26	-0.07	-0.22	0.76	-0.04
Non Currrent Assets Other	-0.01	0.05	-0.11	0.06	0.54	-0.03	0.72	-0.45	0.01	-0.58	-0.58	0.18	0.82		0.14	0.45	-0.2	-0.02	0.18	0.6	-0.33	0.02	-0.59	0.06	0.64	-0.47
Short Term Debt	0.64	0.7	0.35	0.71	0.6	-0.57	0.42	-0.48	0.7	-0.15	-0.14	0.31	0.33	0.14		-0.02	0.24	0.5	0.55	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	0.33	0.33	-0.05	0.26	0.45	-0.02		0.27	0.3	0.1	0.46	-0.65	0.43	-0.46	-0.12	0.05	-0.37
Common Stock	0.42	0.3	0.37	0.28	0.26	-0.7	-0.08	0.05	0.46	0.51	0.52	0.01	0.09	-0.2	0.24	0.27		0.52	0.46	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	0.1	0.11	0.02	0.31	-0.02	0.5	0.3	0.52		0.57	0.44	-0.42	0.6	0.36	-0.26	0.41	0.18
Cash And Short Term Investments	0.8	0.79	0.71	0.8	0.75	-0.75	0.3	-0.62	0.77	-0.2	-0.19	0.69	0.6	0.18	0.55	0.1	0.46	0.57		0.74	-0.31	0.52	0.62	-0.83	0.61	0.21
Net Receivables	0.52	0.59	0.31	0.6	0.83	-0.6	0.74	-0.56	0.56	-0.37	-0.37	0.5	0.73	0.6	0.46	0.46	0.33	0.44	0.74		-0.46	0.5	0.02	-0.52	0.71	-0.32
Good Will	-0.27	-0.23	-0.16	-0.22	-0.53	0.72	-0.36	0.33	-0.35	-0.24	-0.24	0.24	-0.43	-0.33	-0.12	-0.65	-0.63	-0.42	-0.31	-0.46		-0.68	0.14	0.12	-0.1	0.08
Common Stock Total Equity	0.51	0.42	0.34	0.4	0.41	-0.76	0.12	-0.07	0.58	0.43	0.44	0.06	0.26	0.02	0.38	0.43	0.95	0.6	0.52	0.5	-0.68		0.26	-0.46	0.06	0.19
Short Term Investments	0.62	0.53	0.75	0.53	0.09	-0.44	-0.47	-0.13	0.53	0.14	0.15	0.4	-0.07	-0.59	0.23	-0.46	0.4	0.36	0.62	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	-0.14	-0.14	-0.83	-0.22	0.06	-0.42	-0.12	-0.43	-0.26	-0.83	-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	-0.76	-0.76	0.49	0.76	0.64	0.45	0.05	-0.08	0.41	0.61	0.71	-0.1	0.06	0.01	-0.23		-0.31
Total Current Assets	0.32	0.1	0.64	0.09	-0.26	-0.13	-0.83	0.13	0.17	0.3	0.31	-0.04	-0.04	-0.47	-0.16	-0.37	0.34	0.18	0.21	-0.32	0.08	0.19	0.71	-0.17	-0.31

Click cells to compare fundamentals

Globe Life Account Relationship Matchups

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)	(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

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When determining whether Globe Life is a strong investment it is important to analyze Globe Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globe Life's future performance. For an informed investment choice regarding Globe Stock, refer to the following important reports:

How To Invest In Globe

Details

Is Globe Stock a good investment?

Details

What is Globe Life's Net Worth?

Details

Largest Life & Health Insurance Companies

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Largest Insurance - Life Companies

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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.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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

0.915

Earnings Share

10.46

Revenue Per Share

58.669

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.

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Globe Short Term Investments vs Retained Earnings Analysis

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Short Term Investments

Retained Earnings

Globe Life fundamental ratios Correlations

Globe Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Globe Life fundamental ratios Accounts

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

Complementary Tools for Globe Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Net Debt
Short Long Term Debt Total	+ 0.96	Total Assets

Other Stockholder Equity	- 0.88	Retained Earnings
Total Liab	- 0.87	Common Stock Shares Outstanding
Other Current Assets	- 0.83	Cash And Short Term Investments
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