Globe Life Inc. (GL) Debt to Assets Ratio: 0.09%
The debt to assets ratio for Globe Life Inc. (GL) is 0.09% as of Friday, June 19, 2026.
GL Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.09%
GL Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Globe Life Inc. (GL) | $13.26B | 0.09% |
| Assurant, Inc. (AIZ)vs › | $12.88B | 0.06% |
| Global Payments Inc. (GPN)vs › | $15.83B | 0.41% |
| Franklin Resources, Inc. (BEN)vs › | $17.17B | 0.41% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.04% |
| Brown & Brown, Inc. (BRO)vs › | $20.03B | 0.26% |
| Circle Internet Group (CRCL)vs › | $21.44B | 0.00% |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 0.43% |
| Loews Corporation (L)vs › | $22.07B | 0.11% |
| SoFi Technologies, Inc. (SOFI)vs › | $22.97B | 0.04% |
Leverage Ratios Comparison
Debt/Assets
0.1%
Debt/Equity
0.44
Current Ratio
9.66
Interest Coverage
10.4x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Globe Life Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Globe Life Inc. (GL)?
- The debt to assets ratio for GL stock is 0.09%.
About Globe Life Inc.
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Frank Martin Svoboda