Globe Long Term Debt To Capitalization from 2010 to 2024

GL Stock  USD 111.24  0.46  0.41%   
Globe Life Long Term Debt To Capitalization yearly trend continues to be quite stable with very little volatility. The value of Long Term Debt To Capitalization is projected to decrease to 0.24. From the period between 2010 and 2024, Globe Life, Long Term Debt To Capitalization regression line of its data series had standard deviation of  0.04 and standard deviation of  0.04. View All Fundamentals
 
Long Term Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.26642619
Current Value
0.24
Quarterly Volatility
0.03858558
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe Life's main balance sheet or income statement drivers, such as Interest Expense of 71.3 M, Total Revenue of 3.3 B or Gross Profit of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0069 or PTB Ratio of 2.45. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

Latest Globe Life's Long Term Debt To Capitalization Growth Pattern

Below is the plot of the Long Term Debt To Capitalization of Globe Life over the last few years. It is Globe Life's Long Term Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globe Life's overall financial position and show how it may be relating to other accounts over time.
Long Term Debt To Capitalization10 Years Trend
Slightly volatile
   Long Term Debt To Capitalization   
       Timeline  

Globe Long Term Debt To Capitalization Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.18
Coefficient Of Variation20.51
Mean Deviation0.03
Median0.18
Standard Deviation0.04
Sample Variance0
Range0.1214
R-Value0.52
Mean Square Error0
R-Squared0.27
Significance0.05
Slope0
Total Sum of Squares0.02

Globe Long Term Debt To Capitalization History

2024 0.24
2023 0.27
2022 0.25
2019 0.16
2016 0.2
2014 0.17
2013 0.21

About Globe Life Financial Statements

Globe Life investors utilize fundamental indicators, such as Long Term Debt To Capitalization, to predict how Globe Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Long Term Debt To Capitalization 0.27  0.24 

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Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.284
Dividend Share
0.945
Earnings Share
11.8
Revenue Per Share
62.39
Quarterly Revenue Growth
0.052
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.