Globe Life Inc (GL) - Total Assets
Based on the latest financial reports, Globe Life Inc (GL) holds total assets worth $31.56 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Globe Life Inc - Total Assets Trend (1985–2025)
This chart illustrates how Globe Life Inc's total assets have evolved over time, based on quarterly financial data. Also see Globe Life Inc (GL) total market value for the company's overall valuation and market capitalisation.
Globe Life Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Globe Life Inc's total assets of $31.56 Billion consist of 62.0% current assets and 38.1% non-current assets. Review GL liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $1.04 Billion | 3.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $369.53 Million | 1.2% |
| Intangible Assets | $7.00 Billion | 22.7% |
| Goodwill | $490.45 Million | 1.6% |
Asset Composition Trend (1985–2025)
This chart illustrates how Globe Life Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Globe Life Inc stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Globe Life Inc's current assets represent 62.0% of total assets in 2025, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2025, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is intangible assets at 22.7% of total assets.
Globe Life Inc Competitors by Total Assets
Key competitors of Globe Life Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Life Insurance Co Ltd A
SHG:601628
|
China | CN¥7.72 Trillion |
|
Clearview Wealth Ltd
AU:CVW
|
Australia | AU$1.07 Billion |
|
Nobleoak Life Ltd
AU:NOL
|
Australia | AU$600.63 Million |
|
Challenger Ltd
AU:CGF
|
Australia | AU$35.37 Billion |
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3
|
Brazil | R$72.80 Billion |
|
Manulife Financial Corp
TO:MFC
|
Canada | CA$1.03 Trillion |
|
Great-West Lifeco Inc.
TO:GWO
|
Canada | CA$862.83 Billion |
|
Power Corporation Of Canada
TO:POW
|
Canada | CA$1.02 Trillion |
Globe Life Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.41 | 8.96 | 31.53 |
| Quick Ratio | 1.41 | 8.96 | 57.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $448.90 Million | $16.60 Billion | $26.08 Billion |
Globe Life Inc - Advanced Valuation Insights
This section examines the relationship between Globe Life Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.13 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | $30.81 Billion |
| Market Capitalization | $13.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Globe Life Inc's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Globe Life Inc's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Globe Life Inc (1985–2025)
The table below shows the annual total assets of Globe Life Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $30.81 Billion | +5.98% |
| 2024-12-31 | $29.08 Billion | +3.65% |
| 2023-12-31 | $28.05 Billion | +7.95% |
| 2022-12-31 | $25.99 Billion | -12.70% |
| 2021-12-31 | $29.77 Billion | +2.48% |
| 2020-12-31 | $29.05 Billion | +11.82% |
| 2019-12-31 | $25.98 Billion | +12.48% |
| 2018-12-31 | $23.10 Billion | -1.62% |
| 2017-12-31 | $23.47 Billion | +9.51% |
| 2016-12-31 | $21.44 Billion | +7.97% |
| 2015-12-31 | $19.85 Billion | -1.79% |
| 2014-12-31 | $20.21 Billion | +11.12% |
| 2013-12-31 | $18.19 Billion | -3.12% |
| 2012-12-31 | $18.78 Billion | +9.45% |
| 2011-12-31 | $17.16 Billion | +6.17% |
| 2010-12-31 | $16.16 Billion | +0.85% |
| 2009-12-31 | $16.02 Billion | +18.44% |
| 2008-12-31 | $13.53 Billion | -11.24% |
| 2007-12-31 | $15.24 Billion | +1.74% |
| 2006-12-31 | $14.98 Billion | +1.43% |
| 2005-12-31 | $14.77 Billion | +3.63% |
| 2004-12-31 | $14.25 Billion | +5.88% |
| 2003-12-31 | $13.46 Billion | +8.90% |
| 2002-12-31 | $12.36 Billion | -0.54% |
| 2001-12-31 | $12.43 Billion | -4.12% |
| 2000-12-31 | $12.96 Billion | +6.85% |
| 1999-12-31 | $12.13 Billion | +7.85% |
| 1998-12-31 | $11.25 Billion | +2.57% |
| 1997-12-31 | $10.97 Billion | +11.90% |
| 1996-12-31 | $9.80 Billion | +4.66% |
| 1995-12-31 | $9.36 Billion | +11.43% |
| 1994-12-31 | $8.40 Billion | +9.91% |
| 1993-12-31 | $7.65 Billion | +12.94% |
| 1992-12-31 | $6.77 Billion | +9.89% |
| 1991-12-31 | $6.16 Billion | +11.29% |
| 1990-12-31 | $5.54 Billion | +12.49% |
| 1989-12-31 | $4.92 Billion | +11.15% |
| 1988-12-31 | $4.43 Billion | +4.39% |
| 1987-12-31 | $4.24 Billion | +2.86% |
| 1986-12-31 | $4.12 Billion | +10.25% |
| 1985-12-31 | $3.74 Billion | -- |
About Globe Life Inc
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments. The company offers whole, term, and other life insurance products, as well as life insurance for children; Medicare supplement and… Read more