FLFG (Federal Life Group) Tax Expense: $0.02 Mil (TTM As of Mar. 2019)


What is Federal Life Group Tax Expense?

Federal Life Group FLFG Tax Expense is $0.02 Mil as of Mar. 2019.

Federal Life Group's tax expense for the months ended in Mar. 2019 was $-0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2019 was $0.02 Mil.

Federal Life Group  (OTCPK:FLFG) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Federal Life Group Tax Expense Related Terms

Federal Life Group Tax Expense Historical Data

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The historical data trend for Federal Life Group's Tax Expense 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.

Federal Life Group Tax Expense Chart

Federal Life Group Annual Data
Trend Dec16 Dec17 Dec18
Tax Expense
0.03 0.03 0.02

Federal Life Group Quarterly Data
Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Tax Expense Get a 7-Day Free Trial 0.00 0.01 0.00 0.01 -0.00

Federal Life Group Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

* 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 Tax Expense →
What does a Tax Expense of $0.02 Mil mean?
Federal Life Group (FLFG) has a Tax Expense of $0.02 Mil as of Mar. 2019. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Federal Life Group and its competitors.
Is Federal Life Group's Tax Expense too high?
Federal Life Group's current Tax Expense is $0.02 Mil.
How does Federal Life Group's Tax Expense compare to ?
Federal Life Group's Tax Expense of $0.02 Mil 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 Tax Expense for an Insurance company?
A good Tax Expense depends on the Insurance industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Federal Life Group and its competitors. Federal Life Group's current Tax Expense is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Life Group stock overvalued right now?
Federal Life Group (FLFG) has a current Tax Expense of $0.02 Mil. The current Tax Expense is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Federal Life Group (FLFG), the current Tax Expense is $0.02 Mil as of Mar. 2019. 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.

Federal Life Group Business Description

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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.