What does investment — debt instrument carrying amount mean?

The current accounting value of all debt securities held in the investment portfolio.

How do you interpret investment — debt instrument carrying amount?

Changes reflect shifts in the company's fixed-income strategy, such as duration management or credit risk appetite.

How does investment — debt instrument carrying amount compare across companies?

Standard metric for insurance companies, often categorized as Fixed Maturity Securities at amortized cost.

Globe Life GL Investment — Debt Instrument Carrying Amount

Discontinued — last reported Q4 '18

Similar metrics at other companies

KKRInsurance — Debt Securities

$19.61B—

PGRFixed maturities (amortized cost: $82,704 and $77,126)

$87.83B+13.9%

BKDebt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss

$150.2B+9.9%

BACDebt Securities, Amortized Cost, Excluding Accrued Interest, Before Allowance For Credit Loss

$903.7B-4.1%

REFIMO — Debt Instrument Carrying Value

$17.41M—

BPOPHeld To Maturities Securities Book Value

——

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

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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

See full

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

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:DebtInstrumentCarryingAmount.

The official record: Globe Life’s 10-K, filed March 1, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does investment — debt instrument carrying amount mean?: The current accounting value of all debt securities held in the investment portfolio.
How do you interpret investment — debt instrument carrying amount?: Changes reflect shifts in the company's fixed-income strategy, such as duration management or credit risk appetite.
How does investment — debt instrument carrying amount compare across companies?: Standard metric for insurance companies, often categorized as Fixed Maturity Securities at amortized cost.