Globe Life Net Worth
Globe Life Net Worth Breakdown | GL |
Globe Life Net Worth Analysis
Globe Life's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Globe Life's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Globe Life's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Globe Life's net worth analysis. One common approach is to calculate Globe Life's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Globe Life's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Globe Life's net worth. This approach calculates the present value of Globe Life's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Globe Life's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Globe Life's net worth. This involves comparing Globe Life's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Globe Life's net worth relative to its peers.
Enterprise Value |
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To determine if Globe Life is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globe Life's net worth research are outlined below:
| Globe Life generated a negative expected return over the last 90 days | |
| Globe Life has high historical volatility and very poor performance | |
| The company reports 2.12 B of total liabilities with total debt to equity ratio (D/E) of 0.47, which is normal for its line of buisiness. Globe Life has a current ratio of 0.61, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Globe Life until it has trouble settling it off, either with new capital or with free cash flow. So, Globe Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Globe Life sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Globe to invest in growth at high rates of return. When we think about Globe Life's use of debt, we should always consider it together with cash and equity. | |
| Globe Life has a strong financial position based on the latest SEC filings | |
| Over 84.0% of Globe Life shares are owned by institutional investors | |
| Latest headline from investing.com: Globe Life EVP sells shares worth over 179k |
Globe Life Quarterly Good Will |
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Globe Life uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globe Life. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globe Life's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Globe Life's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Globe Life is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globe Life backward and forwards among themselves. Globe Life's institutional investor refers to the entity that pools money to purchase Globe Life's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Apg All Pensions Group | 2023-12-31 | 1.3 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.2 M | Regions Financial Corp | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Norges Bank | 2023-12-31 | 1 M | Northern Trust Corp | 2023-12-31 | 969.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 917.6 K | Legal & General Group Plc | 2023-12-31 | 772.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 761.7 K | Vanguard Group Inc | 2023-12-31 | 10.8 M | Blackrock Inc | 2023-12-31 | 6.7 M |
Follow Globe Life's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 7.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Globe Life's market, we take the total number of its shares issued and multiply it by Globe Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Globe Life's profitablity
Globe Life's profitability indicators refer to fundamental financial ratios that showcase Globe Life's ability to generate income relative to its revenue or operating costs. If, let's say, Globe Life is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Globe Life's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Globe Life's profitability requires more research than a typical breakdown of Globe Life's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.22 | 0.18 |
When accessing Globe Life's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Globe Life's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globe Life's profitability and make more informed investment decisions.
The data published in Globe Life's official financial statements usually reflect Globe Life's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Globe Life. For example, before you start analyzing numbers published by Globe accountants, it's critical to develop an understanding of what Globe Life's liquidity, profitability, and earnings quality are in the context of the Insurance space in which it operates.
Please note, the presentation of Globe Life's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globe Life's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Globe Life's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globe Life. Please utilize our Beneish M Score to check the likelihood of Globe Life's management manipulating its earnings.
Evaluate Globe Life's management efficiency
Globe Life has Return on Asset (ROA) of 0.03 % which means that for every $100 of assets, it generated a profit of $0.03. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2301 %, which means that it produced $0.2301 on every 100 dollars invested by current stockholders. Globe Life's management efficiency ratios could be used to measure how well Globe Life manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Globe Life's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.04 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, Globe Life's Return On Tangible Assets are quite stable compared to the past year. Intangibles To Total Assets is expected to rise to 0.03 this year, although the value of Other Current Assets will most likely fall to about 1.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 47.18 | 49.54 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (21.08) | (20.02) | |
| Enterprise Value Over EBITDA | (131.65) | (125.06) | |
| Price Book Value Ratio | 2.58 | 2.45 | |
| Enterprise Value Multiple | (131.65) | (125.06) | |
| Price Fair Value | 2.58 | 2.45 | |
| Enterprise Value | 13.6 B | 14.3 B |
The analysis of Globe Life's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Globe Life's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Globe Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 1.3895 | Revenue 5.5 B | Quarterly Revenue Growth 0.072 | Revenue Per Share 58.678 | Return On Equity 0.2301 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Globe Life insiders, such as employees or executives, is commonly permitted as long as it does not rely on Globe Life's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Globe Life insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cheryl Alston over two weeks ago Acquisition by Cheryl Alston of 1475 shares of Globe Life subject to Rule 16b-3 | ||
Zucconi Paul J over six months ago Globe Life exotic insider transaction detected |
Globe Life Corporate Filings
8K | 29th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 18th of March 2024 Other Reports | ViewVerify | |
10K | 28th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Globe Life Earnings per Share Projection vs Actual
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Globe Life Corporate Management
Elected by the shareholders, the Globe Life's board of directors comprises two types of representatives: Globe Life inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Globe. The board's role is to monitor Globe Life's management team and ensure that shareholders' interests are well served. Globe Life's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Globe Life's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shane Henrie | Corporate Officer | Profile | |
| Pamela Ramirez | Corporate Senior Vice President - Enterprise Transformation | Profile | |
| James Brannen | Independent Director | Profile | |
| Mary Thigpen | Independent Director | Profile |
How to buy Globe Stock?
The net worth of Globe Life is the difference between its total assets and liabilities. Globe Life's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Globe Life's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Globe Life's net worth can be used as a measure of its financial health and stability which can help investors to decide if Globe Life is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Globe Life stock.Already Invested in Globe Life?
The danger of trading Globe Life is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Globe Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Globe Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Globe Life is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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: 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.