Globe Life Inc. (GL) Quick Ratio (Acid-Test): 9.66
Is Globe Life Inc.’s quick ratio (acid-test) high or low?
Globe Life Inc.'s quick ratio (acid-test) of 9.66 is in line with its 4-year average of 9.76, around the middle of its 4-year range (8.15–10.83).
As of Friday, June 19, 2026. 0.94% above its 12-month average of 9.57.
GL Quick Ratio (Acid-Test) Chart
GL Average Quick Ratio (Acid-Test) Chart
GL Current vs Average Quick Ratio (Acid-Test) Chart
GL Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
9.66
QUICK RATIO (ACID-TEST) AVG TTM
9.57
QUICK RATIO (ACID-TEST) AVG 3Y
10.16
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+0.94%
CURRENT VS 3Y AVG
-4.90%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
GL Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globe Life Inc. (GL) | $13.26B | 9.66 | 9.57 | 10.16 | N/A |
| Assurant, Inc. (AIZ)vs › | $12.88B | 0.55 | 0.67 | 0.66 | 0.69 |
| Global Payments Inc. (GPN)vs › | $15.83B | 1.69 | 1.33 | 1.14 | 1.11 |
| Franklin Resources, Inc. (BEN)vs › | $17.17B | 2.71 | 2.98 | 3.45 | 3.38 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.84 | 1.07 | 1.20 | 1.22 |
| Brown & Brown, Inc. (BRO)vs › | $20.03B | 1.04 | 1.07 | 1.07 | 1.13 |
| Circle Internet Group (CRCL)vs › | $21.44B | 1.03 | 1.03 | 1.03 | 1.02 |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 449.84 | 226.86 | 114.79 | 77.09 |
| Loews Corporation (L)vs › | $22.07B | 0.48 | 0.48 | 3.87 | 67.30 |
| SoFi Technologies, Inc. (SOFI)vs › | $22.97B | 0.24 | 0.21 | 0.21 | 0.43 |
Liquidity Comparison
Quick Ratio
9.66
Excludes inventory
Current Ratio
9.66
Includes inventory
Globe Life Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Globe Life Inc. (GL)?
- The quick ratio (acid-test) for GL stock is 9.66.
- Is Globe Life Inc.'s quick ratio (acid-test) high or low?
- Globe Life Inc.'s quick ratio (acid-test) of 9.66 is in line with its 4-year average of 9.76, around the middle of its 4-year range (8.15–10.83).
- What is the TTM average quick ratio (acid-test) for Globe Life Inc. (GL)?
- The TTM average quick ratio (acid-test) for GL stock is 9.57.
- What is the 3Y average quick ratio (acid-test) for Globe Life Inc. (GL)?
- The 3Y average quick ratio (acid-test) for GL stock is 10.16.
Globe Life Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 9.66 |
| 2024-12-31 | 9.48 |
| 2023-12-31 | 10.83 |
| 2022-12-31 | 10.66 |
| 2021-12-31 | 8.15 |
Related Metrics
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