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GL (Globe Life) Cash per Share : $1.97 (As of Dec. 2024)


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What is Globe Life Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Globe Life's Cash per Share for the quarter that ended in Dec. 2024 was $1.97.

Globe Life Cash per Share Historical Data

The historical data trend for Globe Life's Cash per Share 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.

* Premium members only.

Globe Life Cash per Share Chart

Globe Life Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.93 0.96 1.10 1.97

Globe Life Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.89 0.98 1.60 1.97

Globe Life Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Globe Life's Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=165.325/84
=1.97

Globe Life's Cash per Share for the quarter that ended in Dec. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=165.325/84
=1.97

* 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.

Globe Life  (NYSE:GL) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Globe Life Cash per Share Related Terms

Thank you for viewing the detailed overview of Globe Life's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Globe Life Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (NYSE:GL) » Definitions » Cash per Share
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Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Website
https://www.globelifeinsurance.com
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
Executives
Michael Shane Henrie officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Edward Hensley officer: EVP & Chief Investment Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Frank M Svoboda officer: EVP & CFO 3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
James Matthew Darden officer: EVP, Chief Strategy Officer 2904 BELCLAIRE DRIVE, FRISCO TX 75034
Robert Brian Mitchell officer: EVP, General Counsel and CRO 3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Jennifer Allison Haworth officer: EVP & Chief Marketing Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Thomas Peter Kalmbach officer: EVP & Chief Actuary 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Rebecca E Zorn officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
James Brannen director 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Steven Paul Johnson director 2613 PELICAN BAY DRIVE, PLANO TX 75093
Melissa Jane Buchan director 1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune officer: EVP & Chief Admin. Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070