Globe Life Inc (GL)
86.07
+2.13
(+2.54%)
USD |
NYSE |
May 17, 16:00
86.08
0.00 (0.00%)
After-Hours: 20:00
Globe Life Debt to Equity Ratio: 0.469 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.469 |
| December 31, 2023 | 0.4715 |
| September 30, 2023 | 0.4858 |
| June 30, 2023 | 0.5166 |
| March 31, 2023 | 0.5571 |
| December 31, 2022 | 0.5259 |
| September 30, 2022 | 0.4728 |
| June 30, 2022 | 0.3987 |
| March 31, 2022 | 0.3001 |
| December 31, 2021 | 0.2344 |
| September 30, 2021 | 0.2253 |
| June 30, 2021 | 0.2607 |
| March 31, 2021 | 0.2481 |
| December 31, 2020 | 0.2192 |
| September 30, 2020 | 0.2368 |
| June 30, 2020 | 0.268 |
| March 31, 2020 | 0.2768 |
| December 31, 2019 | 0.2259 |
| September 30, 2019 | 0.2167 |
| June 30, 2019 | 0.2404 |
| March 31, 2019 | 0.273 |
| December 31, 2018 | 0.3075 |
| September 30, 2018 | 0.3564 |
| June 30, 2018 | 0.2673 |
| March 31, 2018 | 0.2571 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.2343 |
| September 30, 2017 | 0.2786 |
| June 30, 2017 | 0.2846 |
| March 31, 2017 | 0.3077 |
| December 31, 2016 | 0.306 |
| September 30, 2016 | 0.2753 |
| June 30, 2016 | 0.2911 |
| March 31, 2016 | 0.2963 |
| December 31, 2015 | 0.3042 |
| September 30, 2015 | 0.3179 |
| June 30, 2015 | 0.3205 |
| March 31, 2015 | 0.2562 |
| December 31, 2014 | 0.262 |
| September 30, 2014 | 0.2831 |
| June 30, 2014 | 0.2809 |
| March 31, 2014 | 0.2999 |
| December 31, 2013 | 0.323 |
| September 30, 2013 | 0.3226 |
| June 30, 2013 | 0.3504 |
| March 31, 2013 | 0.3157 |
| December 31, 2012 | 0.30 |
| September 30, 2012 | 0.2982 |
| June 30, 2012 | 0.2779 |
| March 31, 2012 | 0.2649 |
| December 31, 2011 | 0.2953 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2167
Minimum
Sep 2019
0.5571
Maximum
Mar 2023
0.3425
Average
0.2724
Median
Debt to Equity Ratio Benchmarks
| JPMorgan Chase & Co | 1.313 |
| Brighthouse Financial Inc | -- |
| F&G Annuities & Life Inc | 0.493 |
| Atlantic American Corp | 0.3673 |
| National Western Life Group Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 28.57B |
| Total Liabilities (Quarterly) | 23.53B |
| Shareholders Equity (Quarterly) | 5.039B |
| Current Ratio | 13.88 |
| Net Debt Paydown Yield | -0.52% |