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Globe Life (FRA:TMJ) Debt-to-Revenue : 0.47 (As of Sep. 2024)


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What is Globe Life Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Globe Life's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €394 Mil. Globe Life's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,094 Mil. Globe Life's annualized Revenue for the quarter that ended in Sep. 2024 was €5,245 Mil. Globe Life's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.47.


Globe Life Debt-to-Revenue Historical Data

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

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Globe Life Debt-to-Revenue Chart

Globe Life Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.41 0.40 0.40 0.39

Globe Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.41 0.37 0.50 0.40 0.47

Competitive Comparison of Globe Life's Debt-to-Revenue

For the Insurance - Life subindustry, Globe Life's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Insurance Industry

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

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



Globe Life Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Globe Life's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(445.766 + 1494.306) / 4995.388
=0.39

Globe Life's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(394.114 + 2093.632) / 5245.288
=0.47

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Globe Life Debt-to-Revenue Related Terms

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Globe Life Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, 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 four reportable segments: life insurance, supplemental health insurance, annuities, 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.

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