FG Annuities Historical Balance Sheet
FG Stock | USD 35.10 0.40 1.15% |
Trend analysis of FG Annuities Life balance sheet accounts such as Retained Earnings of 2.6 B provides information on FG Annuities' total assets, liabilities, and equity, which is the actual value of FG Annuities Life to its prevalent stockholders. By breaking down trends over time using FG Annuities balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining FG Annuities Life latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FG Annuities Life is a good buy for the upcoming year.
FG Annuities Inventory |
|
FG Annuities |
About FG Annuities Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of FG Annuities Life at a specified time, usually calculated after every quarter, six months, or one year. FG Annuities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FG Annuities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FG Annuities currently owns. An asset can also be divided into two categories, current and non-current.
FG Annuities Balance Sheet Chart
Add Fundamental
Total Current Liabilities
Total Current Liabilities is an item on FG Annuities balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FG Annuities Life are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents FG Annuities obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FG Annuities Life are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of FG Annuities Life, which is listed under current asset account on FG Annuities Life balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FG Annuities customers. The amounts must be unrestricted with restricted cash listed in a different FG Annuities account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from FG Annuities' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into FG Annuities Life current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, FG Annuities' Other Assets are most likely to decrease significantly in the upcoming years. The FG Annuities' current Total Assets is estimated to increase to about 107.7 B, while Other Liabilities is projected to decrease to roughly 29.7 B.
2022 | 2024 | 2025 (projected) | Other Liabilities | 44.0B | 50.6B | 29.7B | Total Current Liabilities | 231M | 312M | 296.4M |
FG Annuities balance sheet Correlations
Click cells to compare fundamentals
FG Annuities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FG Annuities balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Current Liabilities | 206M | 220M | 231M | 367M | 312M | 296.4M | |
Other Liab | 28.3B | 29.3B | 36.4B | 44.0B | 50.6B | 29.7B | |
Net Tangible Assets | 2.0B | 2.1B | 2.4B | (338M) | (388.7M) | (369.3M) | |
Retained Earnings | 136M | 1.0B | 1.5B | 1.9B | 2.4B | 2.6B | |
Accounts Payable | 206M | 220M | 231M | 378M | 207M | 279.6M | |
Other Assets | (22.1B) | (24.7B) | (25.7B) | (40.4B) | 24.8B | 26.1B | |
Common Stock Shares Outstanding | 150M | 105M | 115M | 124M | 131M | 86.0M | |
Total Current Assets | 30.0B | 35.5B | 39.4B | 42.0B | 48.6B | 25.2B | |
Common Stock | 45.2B | 50.8B | 57.4B | 126.4K | 145.4K | 138.1K | |
Total Assets | 39.8B | 48.7B | 55.1B | 70.2B | 85.0B | 107.7B | |
Other Current Liab | (206M) | (220M) | (231M) | (11M) | (212M) | (201.4M) | |
Total Stockholder Equity | 4.1B | 4.5B | 1.8B | 3.1B | 4.0B | 3.8B | |
Cash | 889M | 1.5B | 960M | 1.6B | 2.3B | 2.8B | |
Long Term Debt | 589M | 977M | 1.1B | 1.8B | 2.2B | 2.1B | |
Cash And Short Term Investments | 26.8B | 31.9B | 33.7B | 42.0B | 48.6B | 32.4B | |
Net Receivables | 3.2B | 3.7B | 5.6B | 9.0B | 13.4B | 9.9B | |
Short Term Investments | 26.0B | 30.3B | 32.8B | 41.9B | 46.3B | 32.3B | |
Long Term Debt Total | 91.8B | 99.3B | 109.9B | 1.1B | 1.0B | 952.5M | |
Liabilities And Stockholders Equity | 39.8B | 48.7B | 55.1B | 70.2B | 85.0B | 107.7B | |
Inventory | 4.1B | (2.1B) | (2.7B) | (52.4B) | (47.2B) | (44.8B) | |
Other Current Assets | 4.3B | 2.1B | 2.7B | 931M | 837.9M | 796.0M | |
Other Stockholder Equity | 2.7B | 2.8B | 3.2B | 3.2B | 3.4B | 2.2B | |
Total Liab | 35.7B | 44.2B | 53.3B | 67.1B | 81.0B | 81.5B | |
Cash And Equivalents | 36.6B | 20.2B | 17.6B | 960M | 864M | 820.8M | |
Short Term Debt | 5.0B | 6B | 547M | 727M | 654.3M | 621.6M | |
Property Plant Equipment | 41.3B | 37.4B | 19M | 21M | 18.9M | 18.0M | |
Short Long Term Debt Total | 104.3B | 115.9B | 1.7B | 1.8B | 2.2B | 2.1B | |
Net Debt | (286M) | (542M) | 167M | 202M | (93M) | (97.7M) | |
Non Current Assets Total | 31.9B | 37.9B | 41.5B | 68.6B | 11.6B | 11.0B | |
Non Currrent Assets Other | (31.9B) | (37.9B) | (764M) | 58.2B | 299M | 284.1M | |
Non Current Liabilities Total | 605M | 1.1B | 231M | 66.7B | 81.0B | 85.0B | |
Accumulated Other Comprehensive Income | 1.2B | 734M | (2.8B) | (2.0B) | (1.9B) | (1.8B) | |
Intangible Assets | 1.9B | 2.2B | 3.7B | 4.2B | 5.6B | 3.5B |
Currently Active Assets on Macroaxis
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FG Annuities. If investors know FG Annuities will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FG Annuities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.49 | Dividend Share 0.86 | Earnings Share 4.88 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.