Globe Life Inc (GL)
116.37
-0.23
(-0.20%)
USD |
NYSE |
Mar 28, 16:00
116.40
+0.03
(+0.03%)
Pre-Market: 20:00
Globe Life Debt to Equity Ratio: 0.4715 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
December 31, 2017 | 0.2343 |
Date | Value |
---|---|
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 |
September 30, 2011 | 0.2429 |
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
0.3327
Average
0.2705
Median
Debt to Equity Ratio Benchmarks
Atlantic American Corp | 0.3722 |
National Western Life Group Inc | 0.00 |
Brighthouse Financial Inc | 0.6385 |
Vericity Inc | 0.468 |
Abacus Life Inc | 0.8529 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 28.05B |
Total Liabilities (Quarterly) | 23.56B |
Shareholders Equity (Quarterly) | 4.487B |
Current Ratio | 19.05 |
Net Debt Paydown Yield | -0.09% |