National Western Life Group (National Western Life Group) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is National Western Life Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. National Western Life Group's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, National Western Life Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for National Western Life Group's Cash-to-Debt or its related term are showing as below:

NWLI' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, National Western Life Group's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NWLI's Cash-to-Debt is ranked better than
99.59% of 482 companies
in the Insurance industry
Industry Median: 1.83 vs NWLI: No Debt

National Western Life Group Cash-to-Debt Historical Data

The historical data trend for National Western Life Group's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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National Western Life Group Cash-to-Debt Chart

National Western Life Group Annual Data

Trend

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Dec23

Cash-to-Debt

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No Debt

National Western Life Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of National Western Life Group's Cash-to-Debt

For the Insurance - Life subindustry, National Western Life Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

National Western Life Group's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Western Life Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Western Life Group's Cash-to-Debt falls into.

National Western Life Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

National Western Life Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

National Western Life Group had no debt ⁽¹⁾.

National Western Life Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

National Western Life Group had no debt ⁽¹⁾.

National Western Life Group (NAS:NWLI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

National Western Life Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of National Western Life Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

National Western Life Group (National Western Life Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Western Life Group Inc (NAS:NWLI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759

Website

https://www.nwlgi.com

National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.

Executives

E J Pederson	director	850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody	director, officer: President & Interim CEO	850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone	director	AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell	director	850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez	officer: Sr VP - CLO & Secretary	850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller	other: NWLIC SVP - CLO & Secretary	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury	other: NWLIC - VP Controller	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M	other: NWLIC - SVP Chief Actuary CRO	10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope	other: NWLIC - EVP CMO	10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson	other: NWLIC - VP Head of Investments	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody	10 percent owner	850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust	10 percent owner	C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen	other: NWLIC - SVP CIO	10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody	director	850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod	director	850 EAST ANDERSON LANE, AUSTIN TX 78752