What is F&G Annuities & Life Financial Strength?
F&G Annuities & Life has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
F&G Annuities & Life's Interest Coverage for the quarter that ended in Dec. 2024 was 11.84.
F&G Annuities & Life's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.37.
Altman Z-Score does not apply to banks and insurance companies.
F&G Annuities & Life Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
F&G Annuities & Life's Interest Expense for the
months ended in Dec. 2024 was $-38 Mil. Its Operating Income for the
months ended in Dec. 2024 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,181 Mil.
F&G Annuities & Life's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
F&G Annuities & Life's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
F&G Annuities & Life Business Description
Traded in Other Exchanges
N/A
Address
801 Grand Avenue, Suite 2600, Des Moines, IA, USA, 50309
F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Executives
| Leena Punjabi |
officer: Chief Investment Officer |
1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934 |
| Doka Celina J. Wang |
director |
801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309 |
| Christopher O Blunt |
officer: President & CEO |
801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309 |
| Douglas K Ammerman |
director |
601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
| Douglas Martinez |
director |
801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309 |
| Currier John David Jr. |
officer: President, Retail Markets |
601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309 |
| Scott D. Cochran |
officer: President, Inst. & New Markets |
1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
| Young Wendy J.b. |
officer: CFO |
TWO RUAN CENTER, 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309 |
| David Edward Martin |
officer: CRO |
1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934 |
| Foley William P Ii |
director, officer: Exec Chairman of the Board |
FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
| Fidelity National Financial, Inc. |
10 percent owner |
601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
| John D Rood |
director |
3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257 |
| Raymond R Quirk |
director |
601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
| Michael Joseph Nolan |
director |
601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
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