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Federal Life Group (Federal Life Group) Financial Strength : 0 (As of Mar. 2019)


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What is Federal Life Group Financial Strength?

Federal Life Group has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It 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.

Federal Life Group has no long-term debt (1). Federal Life Group's debt to revenue ratio for the quarter that ended in Mar. 2019 was 0.00. Altman Z-Score does not apply to banks and insurance companies.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Federal Life Group 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:

Federal Life Group's Interest Expense for the months ended in Mar. 2019 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2019 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil.

Federal Life Group's Interest Coverage for the quarter that ended in Mar. 2019 is

Federal Life Group had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Federal Life Group's Debt to Revenue Ratio for the quarter that ended in Mar. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 19.684
=0.00

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.


Federal Life Group  (OTCPK:FLFG) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Federal Life Group has the Financial Strength Rank of 0.


Federal Life Group Financial Strength Related Terms

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Federal Life Group (Federal Life Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3750 West Deerfield Road, Riverwoods, IL, USA, 60015
Federal Life Group Inc provides life insurance and annuity products targeted to the middle American market. Its core business activities include the sale of life insurance and fixed index and fixed rate annuities. Products offered by the company include Lifetime Coverage, Specific Period of Time Coverage, Flexible Coverage, Long-Term Growth with Fixed and Index-Linked Options, Multi-Pay Retirement Savings Plan, Single-Pay Retirement Savings Plan, Immediate Guaranteed Retirement Income, Final Expense Plan, Final Expense Plan - Limited Health Issues and Single-Pay Permanent Life.
Executives
Craig A Huff director 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Matthew T. Popoli director, 10 percent owner 3750 WEST DEERFIELD ROAD, RIVERWOODS IL 60015
Insurance Capital Group, Llc 10 percent owner 767 FIFTH AVENUE, 16TH FLOOR, NEW YORK NY 10153