Globe Life (FRA:TMJ) Total Stockholders Equity : €4,636 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Globe Life Total Stockholders Equity?

Globe Life's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4,636 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Globe Life's Book Value per Share for the quarter that ended in Mar. 2024 was €49.28. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Globe Life's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.47.

Globe Life Total Stockholders Equity Historical Data

The historical data trend for Globe Life's Total Stockholders Equity 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.

* Premium members only.

Globe Life Total Stockholders Equity Chart

Globe Life Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

Get a 7-Day Free Trial

6,564.88

7,209.84

7,648.88

3,728.40

4,114.40

Globe Life Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															3,592.44	3,673.82	4,331.87	4,114.40	4,636.03

Globe Life (FRA:TMJ) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Globe Life's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(4636.028	-	0)	/	94.0769
	=	49.28

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Globe Life's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(674.86	+	1499.58)	/	4636.028
	=	0.47

Globe Life Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Globe Life's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Globe Life (FRA:TMJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (FRA:TMJ) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

GL:USA

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

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.

Globe Life (FRA:TMJ) Headlines

No Headlines