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Globe Life GL Health — Not discounted

Discontinued — last reported Q1 '23

Similar metrics at other companies

Aflac logo
AFLMedical and other health — Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance
$33.99B-7.5%
Equitable Holdings logo
EQHHealth — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
$1.25B-5.7%
Equitable Holdings logo
EQHHealth — Expected future benefit payments and expenses (discounted; AOCI basis)
$1.25B-5.2%
Aflac logo
AFLMedical and other health — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
1,647,600,000,000%-437,200,000,000pp
Equitable Holdings logo
EQHHealth — Expected future benefit payments and expenses (undiscounted)
$1.95B-6.8%
The Hartford Financial Services Group logo
HIGGroup Policies — Short Duration Contracts Discounted Liabilities Amount
$7.24B-2.9%

Other financials

Income statement

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Revenue$1.6B+5.3%
Net income$270.5M+6.3%
EPS (diluted)$3.39+12.6%

Balance sheet

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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

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Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

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Market cap$13.26B-0.4%
Enterprise value$16.24B-0.8%
P/E11.3×-1.2×
P/S2.2×-0.1×

Profitability

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Net margin19.4%+1.0pp
FCF margin20.2%-3.9pp

Returns & leverage

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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 gl:LiabilityForFuturePolicyBenefitExpectedNetPremiumNotDIscountedBeforeCashFlowAndReinsurance.

The official record: Globe Life’s 10-Q, filed May 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's health — not discounted?
Globe Life (GL) reported health — not discounted of $8.71B in Q1 2023.
What does health — not discounted mean?
The total nominal value of future health insurance claim obligations without interest discounting.
How do you interpret health — not discounted?
An increase suggests rising nominal claim exposure, while a decrease may indicate lower future payout requirements.
How does health — not discounted compare across companies?
Commonly reported by life and health insurers as part of actuarial liability disclosures.