Globe Life Inc. company logo
Globe Life Inc. logo

Globe Life Inc. (GL) Debt To Equity Ratio

Annual Debt To Equity

0.520.05+10.64%

Summary

Current Value
As of today, GL annual debt to equity is 0.52, up +10.64% on
Historical Performance
GL annual debt to equity is up +126.09% over the past 3 years, and up +126.09% over the past 5 years
All-Time High Comparison
GL annual debt to equity is currently -28.77% below its historical high of 0.73 set on
3-Year Low Comparison
GL annual debt to equity is +10.64% above its 3-year low of 0.47 reached on
Sector Comparison
GL annual debt to equity is higher than 67.79% of companies in Financial Services sector

Debt To Equity Chart

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Series
SUGGESTED SERIES

Performance

GL Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.52+10.6%+126.1%+126.1%+52.9%
Quarterly Debt To Equity0.48-20.0%+2.1%+100.0%+84.6%
Price$141.95+24.4%+18.0%+47.2%+420.5%
Annual Total Debt$2.74B+29.5%+35.2%+66.3%+137.4%
Annual Shareholders Equity$5.31B+18.3%-38.6%-27.3%+56.1%
Annual Current Ratio0.800.0%+110.5%+95.1%+8.1%
-
Annual Short Term Debt$415.40M-14.6%-13.4%+39.0%+78.0%
Annual Long Term Debt$2.32B+42.6%+50.3%+72.3%+152.5%
Piotroski F-Score7+40.0%0.0%+16.7%+16.7%
Altman Z-Score1.01+5.2%0.0%+29.5%+12.2%

Debt To Equity Highs

GL Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y0.53N/A-1.9%
5Y0.53-1.9%
All0.73-28.8%

Debt To Equity Lows

GL Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y0.47+10.6%
5Y0.22N/A+136.4%
All0.03+1633.3%

Debt To Equity History

YearValueChange
0.52+10.6%
0.47-11.3%
0.53+130.4%
0.23+4.5%
0.22-4.3%
0.23-25.8%
YearValueChange
0.31+34.8%
0.23-25.8%
0.31+3.3%
0.30+15.4%
0.26-

FAQ

  • What is the current annual debt to equity of GL?

    As of today, GL annual debt to equity is 0.52

  • What is 1-year change in GL annual debt to equity?

    GL annual debt to equity is up +10.64% year-over-year

  • What is 3-year change in GL annual debt to equity?

    GL annual debt to equity is up +126.09% 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 -28.77% 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 67.79% of companies in Financial Services sector

  • When is GL next annual earnings release?

    The next annual earnings release for GL is on

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. GL Official Website www.home.globelifeinsurance.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/320335/000032033525000064/0000320335-25-000064-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/320335/000032033525000013/0000320335-25-000013-index.htm
  4. GL Profile on Yahoo Finance finance.yahoo.com/quote/GL
  5. GL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/gl