Globe Life Total Debt vs. Retained Earnings
| GL-PD Preferred Stock | USD 16.58 0.28 1.72% |
For Globe Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Globe Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Globe Life 425 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Globe Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Globe Life 425 over time as well as its relative position and ranking within its peers.
Globe |
Globe Life 425 Retained Earnings vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Globe Life's current stock value. Our valuation model uses many indicators to compare Globe Life value to that of its competitors to determine the firm's financial worth. Globe Life 425 is rated # 3 in total debt category among its peers. It is one of the top stocks in retained earnings category among its peers reporting about 3.11 of Retained Earnings per Total Debt. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Globe Life's earnings, one of the primary drivers of an investment's value.Globe Total Debt vs. Competition
Globe Life 425 is rated # 3 in total debt category among its peers. Total debt of Insurance - Life industry is currently estimated at about 141.78 Billion. Globe Life claims roughly 2.08 Billion in total debt contributing just under 2% to equities under Insurance - Life industry.
Globe Retained Earnings vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Globe Life |
| = | 2.08 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Globe Life |
| = | 6.47 B |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Globe Retained Earnings Comparison
Globe Life is currently under evaluation in retained earnings category among its peers.
Globe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Globe Life. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Globe Life position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Globe Life's important profitability drivers and their relationship over time.
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| EBITDA vs Retained Earnings | ||
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| Z Score vs Retained Earnings |
Use Globe Life in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Globe Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Globe Life will appreciate offsetting losses from the drop in the long position's value.Globe Life Pair Trading
Globe Life 425 Pair Trading Analysis
The ability to find closely correlated positions to Globe Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Globe Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Globe Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Globe Life 425 to buy it.
The correlation of Globe Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Globe Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Globe Life 425 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Globe Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Globe Life position
In addition to having Globe Life in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. The Power Assets theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Power Assets Theme or any other thematic opportunities.
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Other Information on Investing in Globe Preferred Stock
To fully project Globe Life's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Globe Life 425 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Globe Life's income statement, its balance sheet, and the statement of cash flows.