Globe Total Assets from 2010 to 2024
| GL Stock | USD 77.55 1.73 2.18% |
Total Assets | First Reported 1985-12-31 | Previous Quarter 26.2 B | Current Value 28.1 B | Quarterly Volatility 6.9 B |
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe 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 exotic 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.
Globe | Total Assets |
Latest Globe Life's Total Assets Growth Pattern
Below is the plot of the Total Assets of Globe Life over the last few years. Total assets refers to the total amount of Globe Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Globe Life books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Globe Life's Total Assets 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.
| View | Last Reported 28.05 B | 10 Years Trend |
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Total Assets |
| Timeline |
Globe Total Assets Regression Statistics
| Arithmetic Mean | 21,352,754,025 | |
| Geometric Mean | 19,707,497,396 | |
| Coefficient Of Variation | 30.62 | |
| Mean Deviation | 4,742,087,840 | |
| Median | 21,436,087,000 | |
| Standard Deviation | 6,537,201,373 | |
| Sample Variance | 42735001.8T | |
| Range | 26B | |
| R-Value | 0.66 | |
| Mean Square Error | 25772338.8T | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | 969,627,359 | |
| Total Sum of Squares | 598290025T |
Globe Total Assets History
Other Fundumenentals of Globe Life
Globe Life Total Assets component correlations
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About Globe Life Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Globe Life income statement, its balance sheet, and the statement of cash flows. Globe Life investors use historical funamental indicators, such as Globe Life's Total Assets, to determine how well the company is positioned to perform in the future. Although Globe Life investors may use each financial statement separately, they are all related. The changes in Globe Life's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globe Life's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Globe Life Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Globe Life. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 28.1 B | 16 B | |
| Intangibles To Total Assets | 0.02 | 0.03 |
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Complementary Tools for Globe Stock analysis
When running Globe Life's price analysis, check to measure Globe Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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Is Globe Life's industry 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 0.171 | Dividend Share 0.675 | Earnings Share 10.46 | Revenue Per Share 58.678 | Quarterly Revenue Growth 0.072 |
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.