GL
Price:
$110.69
Market Cap:
$9.29B
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is head...[Read more]
Industry
Insurance - Life
IPO Date
1980-10-01
Stock Exchange
NYSE
Ticker
GL
According to Globe Life Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of 97.12% compared to the average of 1.03 of the last 4 quarters.
The mean historical Current Ratio of Globe Life Inc. over the last ten years is 20.26. The current 2.03 Current Ratio has changed 900.63% with respect to the historical average. Over the past ten years (40 quarters), GL's Current Ratio was at its highest in in the December 2020 quarter at 88.45. The Current Ratio was at its lowest in in the March 2015 quarter at 0.00.
Average
20.26
Median
1.04
Minimum
0.18
Maximum
85.87
Discovering the peaks and valleys of Globe Life Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 6.07%
Maximum Annual Current Ratio = 85.87
Minimum Annual Increase = -99.60%
Minimum Annual Current Ratio = 0.18
Year | Current Ratio | Change |
---|---|---|
2023 | 0.49 | 169.34% |
2022 | 0.18 | -99.60% |
2021 | 45.77 | -46.70% |
2020 | 85.87 | 31.80% |
2019 | 65.15 | 6.07% |
2018 | 1.06 | -4.69% |
2017 | 1.11 | 9.28% |
2016 | 1.01 | 5.96% |
2015 | 0.96 | -7.34% |
2014 | 1.03 | 3.01% |
The current Current Ratio of Globe Life Inc. (GL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
15.48
5-year avg
39.49
10-year avg
20.26
Globe Life Inc.’s Current Ratio is greater than Prudential plc (1.86), greater than CNO Financial Group, Inc. (0.10), less than MetLife, Inc. (401.97), greater than American Equity Investment Life Holding Company (0), greater than National Western Life Group, Inc. (-1.08), greater than Midwest Holding Inc. (0), less than MetLife, Inc. (401.97), less than Prudential Financial, Inc. (3.06), less than Unum Group (290.03), less than Lincoln National Corporation (20.04), greater than F&G Annuities & Life, Inc. (0), greater than Brighthouse Financial, Inc. (0), less than MetLife, Inc. (401.97), less than Jackson Financial Inc. (2.51),
Company | Current Ratio | Market cap |
---|---|---|
1.86 | $21.21B | |
0.10 | $3.83B | |
401.97 | $56.29B | |
0 | $4.49B | |
-1.08 | $1.82B | |
0 | $101.05M | |
401.97 | $56.95B | |
3.06 | $42.43B | |
290.03 | $13.39B | |
20.04 | $5.41B | |
0 | $5.31B | |
0 | $2.84B | |
401.97 | $55.59B | |
2.51 | $6.61B |
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