What is Globe Life's annuity — accrued investment income?

Globe Life (GL) reported annuity — accrued investment income of $0 in Q4 2023.

What does annuity — accrued investment income mean?

Investment income earned but not yet collected in cash by the annuity segment.

How do you interpret annuity — accrued investment income?

Significant increases may indicate a timing mismatch in cash flows or changes in the composition of the investment portfolio.

How does annuity — accrued investment income compare across companies?

Standard accounting line item for insurance investment portfolios.

Globe Life GL Annuity — Accrued investment income

Discontinued — last reported Q4 '23

Other segment segments

Investment

$289.63M+0.7%

Health

$0—

Life

$0—

Similar metrics at other companies

AFGAnnuity — Net investment income

$429M-6.3%

KKRInsurance — Accrued Investment Income

$1.7B+16.3%

AFGAnnuity — Supplementary Insurance Information Net Investment Income

$424.75M-5.2%

AFGAnnuity — Other Income

$36M+20.0%

PRUIndividual Annuities — Unearned Premiums

$0—

ACGLUnderwriting Segments — Net investment income

$255.75M+41.7%

Other financials

Income statement

See full

Revenue$1.6B+5.3%

Net income$270.5M+6.3%

EPS (diluted)$3.39+12.6%

Balance sheet

See full

Cash & equivalents$255.2M+9.9%

Total debt$3.2B-1.3%

Total equity$6.1B+12.1%

Total assets$31.0B+4.2%

Cash flow

See full

Operating cash flow$420.9M-2.5%

CapEx$24.9M+112%

Free cash flow$396.0M-5.7%

Valuation

See full

Market cap$13.26B-0.4%

Enterprise value$16.24B-0.8%

P/E11.3×-1.2×

P/S2.2×-0.1×

Profitability

See full

Net margin19.4%+1.0pp

FCF margin20.2%-3.9pp

Returns & leverage

See full

Return on equity20.5%0.0pp

Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Globe Life in its filing.

Tagged under the XBRL concept us-gaap:AccruedInvestmentIncomeReceivable.

The official record: Globe Life’s 10-K, filed February 28, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's annuity — accrued investment income?: Globe Life (GL) reported annuity — accrued investment income of $0 in Q4 2023.
What does annuity — accrued investment income mean?: Investment income earned but not yet collected in cash by the annuity segment.
How do you interpret annuity — accrued investment income?: Significant increases may indicate a timing mismatch in cash flows or changes in the composition of the investment portfolio.
How does annuity — accrued investment income compare across companies?: Standard accounting line item for insurance investment portfolios.