GL
Price:
$170.76
Market Cap:
$13.26B
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Gl...[Read more]
Industry
Insurance - Life
IPO Date
1980-10-01
Stock Exchange
NYSE
Ticker
GL
According to Globe Life Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.13. This represents a change of -84.66% compared to the average of 7.35 of the last 4 quarters.
The mean historical Current Ratio of Globe Life Inc. over the last ten years is 4.88. The current 1.13 Current Ratio has changed 2.21% with respect to the historical average. Over the past ten years (40 quarters), GL's Current Ratio was at its highest in in the June 2021 quarter at 38.36. The Current Ratio was at its lowest in in the June 2016 quarter at 0.
Average
4.88
Median
4.08
Minimum
0
Maximum
10.83
Discovering the peaks and valleys of Globe Life Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 10.83
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 9.66 | 1.90% |
| 2024 | 9.48 | -12.46% |
| 2023 | 10.83 | 1.56% |
| 2022 | 10.66 | 30.78% |
| 2021 | 8.15 | Infinity% |
| 2020 | 0 | 0% |
| 2019 | 0 | 0% |
| 2018 | 0 | 0% |
| 2017 | 0 | 0% |
| 2016 | 0 | 0% |
The current Current Ratio of Globe Life Inc. (GL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.99
5-year avg
9.76
10-year avg
4.88
Globe Life Inc.’s Current Ratio is less than Unum Group (20.63), less than Primerica, Inc. (31.27), greater than Assurant, Inc. (0.14), less than Lincoln National Corporation (18.36), greater than American Financial Group, Inc. (0), greater than Old Republic International Corporation (0), greater than Aegon Ltd. (0), greater than Grupo Financiero Galicia S.A. (0.26), less than MetLife, Inc. (85.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 20.63 | $14.38B | |
| 31.27 | $8.79B | |
| 0.14 | $12.88B | |
| 18.36 | $7.11B | |
| 0 | $11.04B | |
| 0 | $9.42B | |
| 0 | $12.74B | |
| 0.26 | $9.05B | |
| 85.01 | $55.07B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Globe Life Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Globe Life Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Globe Life Inc.'s Current Ratio?
How is the Current Ratio calculated for Globe Life Inc. (GL)?
What is the highest Current Ratio for Globe Life Inc. (GL)?
What is the 3-year average Current Ratio for Globe Life Inc. (GL)?
What is the 5-year average Current Ratio for Globe Life Inc. (GL)?
How does the current Current Ratio for Globe Life Inc. (GL) compare to its historical average?