GL (Globe Life) Debt-to-Asset : 0.09 (As of Mar. 2026)

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GL Globe Life Inc GL
85 GF Score
Price $182.25
GF Value $149.25
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Globe Life Debt-to-Asset?

Globe Life GL -0.40% 85 Debt-to-Asset is 0.09 as of Mar. 2026. GuruFocus rates GL with a GF Score™ of 85/100 and a GF Value™ of $149.25 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Globe Life's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $457 Mil. Globe Life's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,322 Mil. Globe Life's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $30,966 Mil. Globe Life's debt to asset for the quarter that ended in Mar. 2026 was 0.09.


Globe Life  (NYSE:GL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Globe Life Debt-to-Asset Related Terms


Globe Life Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Globe Life's Debt-to-Asset 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.

Globe Life Debt-to-Asset Chart

Globe Life Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.08 0.09 0.09

Globe Life Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.09 0.09 0.09 0.09 0.00

GL vs UNM, PRI, JXN: Debt-to-Asset Comparison

For the Insurance - Life subindustry, Globe Life's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Globe Life Debt-to-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Globe Life's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Globe Life's Debt-to-Asset falls into.


GL
85GF Score
Globe Life Inc GL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Life Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Globe Life's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(304.656 + 2320.793) / 30813.692
=0.09

Globe Life's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(457.047 + 2321.537) / 30965.851
=0.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.09 mean?
Globe Life (GL) has a Debt-to-Asset of 0.09 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Globe Life and its competitors.
Is Globe Life's Debt-to-Asset too high?
Globe Life's current Debt-to-Asset is 0.09. Overall, Globe Life has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Life's Debt-to-Asset compare to UNM and PRI?
Globe Life's Debt-to-Asset of 0.09 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Insurance company?
A good Debt-to-Asset depends on the Insurance industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Globe Life and its competitors. Globe Life's current Debt-to-Asset is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Life stock overvalued right now?
Based on GuruFocus' analysis, Globe Life (GL) is currently considered Modestly Overvalued. The stock's GF Value™ is $149.25, compared to a current price of $182.25 — trading 22.1% above its estimated fair value. The current Debt-to-Asset is 0.09. Globe Life's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Globe Life (GL), the current Debt-to-Asset is 0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Globe Life (GL) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Life stock appears to be overvalued. The current stock price of $182.25 is trading 22.1% above its estimated GF Value™ of $149.25. GuruFocus considers Globe Life to be Modestly Overvalued.

Key valuation signals for GL:

  • Debt-to-Asset: 0.09
  • GF Value™: $149.25 vs. price of $182.25 (22.1% above fair value)
  • GF Score™: 85/100 with 9 warning signs

No single metric tells the full story. See the GL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Life Business Description

Other Exchanges TMJ:GermanyG1LL34:Brazil
Address 7677 Henneman Way, McKinney, TX, USA, 75070
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.
85GF Score

Get the complete analysis for GL

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$182.25
Price
$149.25
GF Value