What does life — total assets mean?

The total value of assets held by the life insurance segment to support its business and future claims.

How do you interpret life — total assets?

Growth in assets generally supports future revenue potential and indicates a larger capacity to underwrite insurance risk.

How does life — total assets compare across companies?

Standard balance sheet metric for insurance segments, often compared against liabilities to determine segment capital adequacy.

Globe Life GL Life — Total Assets

Discontinued — last reported Q4 '18

Similar metrics at other companies

CINFLife Insurance Product Line — Total Assets

$1.62B+5.4%

PRUIndividual Life — Total Assets

$86.14B-28.6%

CINFLife Insurance Segment — Total Assets

$1.72B+1.8%

RGALife Insurance Product Line — Total Assets

$49.72B+13.5%

UHAL.BLife Insurance — Total Assets

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UHAL.BLife Insurance — Subtotal Assets

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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 us-gaap:Assets.

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

Questions, answered.

What does life — total assets mean?: The total value of assets held by the life insurance segment to support its business and future claims.
How do you interpret life — total assets?: Growth in assets generally supports future revenue potential and indicates a larger capacity to underwrite insurance risk.
How does life — total assets compare across companies?: Standard balance sheet metric for insurance segments, often compared against liabilities to determine segment capital adequacy.