Globe Life Inc. company logo
Globe Life Inc. logo

Globe Life Inc. (GL) Debt To Equity Ratio

Annual Debt To Equity

0.440.08-15.38%

Summary

Current Value
As of today, GL annual debt to equity is 0.44, down -15.38% on
Historical Performance
GL annual debt to equity is down -16.98% over the past 3 years, up +100.00% over the past 5 years
All-Time High Comparison
GL annual debt to equity is currently -39.73% below its historical high of 0.73 set on
3-Year Low Comparison
GL annual debt to equity is at its 3-year low
Sector Comparison
GL annual debt to equity is higher than 67.13% of companies in Financial Services sector

Debt To Equity Chart

SUGGESTED SERIES

Performance

GL Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.44-15.4%-17.0%+100.0%+57.1%
Quarterly Debt To Equity0.48-5.9%-7.7%+84.6%+65.5%
Price$178.08+30.9%+58.4%+86.3%+656.3%
Annual Total Debt$2.63B-4.2%+26.4%+36.5%+135.9%
$5.97B+12.6%+51.3%-31.9%+48.8%
0.95+18.8%+25.0%+137.5%+8.0%
Annual Quick Ratio-
$304.66M-26.7%-32.2%+19.5%+53.2%
$2.32B-0.1%+42.6%+39.1%+153.9%
60.0%-14.3%0.0%+50.0%
1.07+7.0%+8.1%+37.2%+15.1%

Debt To Equity Highs

GL Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y0.53N/A-17.0%
5Y0.53-17.0%
All0.73-39.7%

Debt To Equity Lows

GL Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y0.44at low
5Y0.22N/A+100.0%
All0.03+1366.7%

Debt To Equity History

YearValueChange
0.44-15.4%
0.52+10.6%
0.47-11.3%
0.53+130.4%
0.23+4.5%
0.22-4.3%
0.23-25.8%
0.31+34.8%
0.23-25.8%
0.31+3.3%
0.30+15.4%
0.26-18.8%
0.32+6.7%
0.300.0%
0.30+7.1%
0.28-17.6%
0.34-26.1%
0.46+64.3%
0.28+7.7%
0.260.0%
0.26+4.0%
0.25-7.4%
0.27-12.9%
YearValueChange
0.31-11.4%
0.35+20.7%
0.29-19.4%
0.36+20.0%
0.30-30.2%
0.43-6.5%
0.46-16.4%
0.55-24.7%
0.73+15.9%
0.63-8.7%
0.69+9.5%
0.63+12.5%
0.56-20.0%
0.70+12.9%
0.62+44.2%
0.43-4.4%
0.45+164.7%
0.17-22.7%
0.22+29.4%
0.17-50.0%
0.34-19.0%
0.42+1,300.0%
0.03-

FAQ

What is the current annual debt to equity of GL?
As of today, GL annual debt to equity is 0.44
What is 1-year change in GL annual debt to equity?
GL annual debt to equity is down -15.38% year-over-year
What is 3-year change in GL annual debt to equity?
GL annual debt to equity is down -16.98% over the past 3 years
How far is GL annual debt to equity from its all-time high?
GL annual debt to equity is currently -39.73% below its historical high of 0.73 set on December 31, 1994
How does GL annual debt to equity rank versus sector peers?
GL annual debt to equity is higher than 67.13% of companies in Financial Services sector
When is GL next annual earnings release?
As of today, the next annual earnings release for GL has not been scheduled

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. GL Official Website www.home.globelifeinsurance.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/320335/000032033526000090/0000320335-26-000090-index.htm
  3. GL Profile on Yahoo Finance finance.yahoo.com/quote/GL
  4. GL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/gl