National Western Life Group (National Western Life Group) Debt-to-Equity : 0.00 (As of Dec. 2023)

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

National Western Life Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. National Western Life Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. National Western Life Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,439.7 Mil. National Western Life Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

NWLI's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

National Western Life Group Debt-to-Equity Historical Data

The historical data trend for National Western Life Group's Debt-to-Equity 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.

National Western Life Group Debt-to-Equity Chart

National Western Life Group Annual Data

Trend

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Dec23

Debt-to-Equity

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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
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Insurance - Life subindustry, National Western Life Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Insurance Industry

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

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

National Western Life Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	2439.724
	=	0.00

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	2439.724
	=	0.00

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

National Western Life Group Debt-to-Equity Related Terms

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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 » Debt-to-Equity

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