Globe Life Inc Total Liabilities
Globe Life Inc total liabilities. Based on the latest financial reports, Globe Life Inc (GL) has total liabilities worth $25.41 Billion USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check GL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Globe Life Inc (1985–2025)
Total liabilities of Globe Life Inc from 1985 to 2025. This chart illustrates how Globe Life Inc's total liabilities have evolved over time, based on quarterly financial data. Explore Globe Life Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Globe Life Inc Competitors by Total Liabilities
The table below lists competitors of Globe Life Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Unum Group
NYSE:UNM
|
USA | $52.68 Billion |
|
Cummins India Limited
NSE:CUMMINSIND
|
India | Rs28.29 Billion |
|
DWS Group GmbH & Co. KGaA
XETRA:DWS
|
Germany | €4.29 Billion |
|
Mowi ASA
OL:MOWI
|
Norway | Nkr5.80 Billion |
|
Hormel Foods Corporation
NYSE:HRL
|
USA | $5.38 Billion |
|
BUREAU VERITAS ADR EO-12
F:4BV0
|
Germany | €5.29 Billion |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648
|
China | CN¥39.17 Billion |
|
Canara Bank
NSE:CANBK
|
India | Rs18.09 Trillion |
Liability Composition Analysis (1985–2025)
This chart breaks down Globe Life Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see Globe Life Inc balance sheet assets.
Liquidity & Leverage Metrics
Globe Life Inc Total Liabilities Ratios Explained
Globe Life Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.41 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 4.13 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.80 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Globe Life Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Globe Life Inc (1985–2025)
The table below shows the annual total liabilities of Globe Life Inc from 1985 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $24.84 Billion | +4.49% |
| 2024-12-31 | $23.77 Billion | +0.87% |
| 2023-12-31 | $23.56 Billion | +6.93% |
| 2022-12-31 | $22.04 Billion | +4.32% |
| 2021-12-31 | $21.13 Billion | +4.19% |
| 2020-12-31 | $20.28 Billion | +8.52% |
| 2019-12-31 | $18.68 Billion | +5.67% |
| 2018-12-31 | $17.68 Billion | +2.53% |
| 2017-12-31 | $17.24 Billion | +2.22% |
| 2016-12-31 | $16.87 Billion | +6.78% |
| 2015-12-31 | $15.80 Billion | +1.81% |
| 2014-12-31 | $15.52 Billion | +7.64% |
| 2013-12-31 | $14.42 Billion | +0.00% |
| 2012-12-31 | $14.42 Billion | +11.51% |
| 2011-12-31 | $12.93 Billion | +6.46% |
| 2010-12-31 | $12.14 Billion | -3.81% |
| 2009-12-31 | $12.62 Billion | +11.66% |
| 2008-12-31 | $11.31 Billion | -5.12% |
| 2007-12-31 | $11.92 Billion | +3.43% |
| 2006-12-31 | $11.52 Billion | +1.63% |
| 2005-12-31 | $11.34 Billion | +4.65% |
| 2004-12-31 | $10.83 Billion | +5.98% |
| 2003-12-31 | $10.22 Billion | +9.14% |
| 2002-12-31 | $9.36 Billion | -4.31% |
| 2001-12-31 | $9.79 Billion | -7.38% |
| 2000-12-31 | $10.57 Billion | +6.25% |
| 1999-12-31 | $9.95 Billion | +13.06% |
| 1998-12-31 | $8.80 Billion | -0.51% |
| 1997-12-31 | $8.84 Billion | +10.82% |
| 1996-12-31 | $7.98 Billion | +5.23% |
| 1995-12-31 | $7.58 Billion | +5.88% |
| 1994-12-31 | $7.16 Billion | +14.96% |
| 1993-12-31 | $6.23 Billion | +11.90% |
| 1992-12-31 | $5.57 Billion | +11.09% |
| 1991-12-31 | $5.01 Billion | +10.55% |
| 1990-12-31 | $4.53 Billion | +14.03% |
| 1989-12-31 | $3.98 Billion | +699.02% |
| 1988-12-31 | $497.50 Million | +65.78% |
| 1987-12-31 | $300.10 Million | +98.35% |
| 1986-12-31 | $151.30 Million | -7.63% |
| 1985-12-31 | $163.80 Million | -- |
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