Life Good Will vs Cash Analysis

LICI Stock   894.70  6.05  0.67%   
Life Insurance financial indicator trend analysis is infinitely more than just investigating Life Insurance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Life Insurance is a good investment. Please check the relationship between Life Insurance Good Will and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Insurance Good Will account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Life Insurance's Good Will and Cash is 0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Life Insurance, assuming nothing else is changed. The correlation between historical values of Life Insurance's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Life Insurance are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Life Insurance's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of Life Insurance, which is listed under current asset account on Life Insurance balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Life Insurance customers. The amounts must be unrestricted with restricted cash listed in a different Life Insurance 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 indicators from Life Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Life Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to gain to about 544.1 M in 2025, whereas Selling General Administrative is likely to drop slightly above 170.2 B in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense774.3M1.3B1.4B1.4B
Depreciation And Amortization4.7B4.7B5.1B4.9B

Life Insurance fundamental ratios Correlations

-0.860.690.510.91-0.82-0.79-0.920.90.980.080.990.12-0.04-0.020.92-0.860.690.581.0-0.88-0.6-0.151.00.610.61
-0.86-0.86-0.76-0.721.00.790.93-0.68-0.810.34-0.86-0.29-0.190.41-0.851.0-0.49-0.68-0.860.650.64-0.05-0.86-0.41-0.57
0.69-0.860.930.54-0.86-0.76-0.780.50.67-0.360.690.550.5-0.460.71-0.860.30.450.7-0.53-0.8-0.020.70.240.79
0.51-0.760.930.37-0.77-0.62-0.620.330.47-0.560.490.550.43-0.650.61-0.750.080.240.52-0.38-0.78-0.080.520.060.62
0.91-0.720.540.37-0.66-0.88-0.91.00.870.260.91-0.08-0.10.180.83-0.720.870.560.91-0.97-0.35-0.120.910.850.63
-0.821.0-0.86-0.77-0.660.740.9-0.62-0.770.4-0.83-0.32-0.210.47-0.831.0-0.42-0.68-0.830.590.65-0.07-0.83-0.34-0.53
-0.790.79-0.76-0.62-0.880.740.93-0.87-0.75-0.11-0.81-0.18-0.25-0.02-0.770.79-0.81-0.6-0.80.840.430.06-0.8-0.8-0.85
-0.920.93-0.78-0.62-0.90.90.93-0.87-0.880.01-0.94-0.16-0.120.1-0.880.93-0.76-0.71-0.930.820.50.04-0.93-0.7-0.7
0.9-0.680.50.331.0-0.62-0.87-0.870.860.30.9-0.1-0.120.230.81-0.680.880.530.89-0.98-0.33-0.140.890.860.62
0.98-0.810.670.470.87-0.77-0.75-0.880.860.150.990.22-0.10.080.92-0.810.680.490.98-0.85-0.64-0.280.980.590.62
0.080.34-0.36-0.560.260.4-0.110.010.30.150.11-0.35-0.180.95-0.090.340.580.020.07-0.250.4-0.230.070.590.22
0.99-0.860.690.490.91-0.83-0.81-0.940.90.990.110.14-0.040.030.92-0.860.730.610.99-0.87-0.58-0.150.990.650.63
0.12-0.290.550.55-0.08-0.32-0.18-0.16-0.10.22-0.350.140.18-0.220.35-0.29-0.19-0.240.120.01-0.75-0.460.12-0.220.4
-0.04-0.190.50.43-0.1-0.21-0.25-0.12-0.12-0.1-0.18-0.040.18-0.32-0.22-0.18-0.070.41-0.040.08-0.090.61-0.04-0.10.54
-0.020.41-0.46-0.650.180.47-0.020.10.230.080.950.03-0.22-0.32-0.110.410.51-0.11-0.03-0.180.4-0.32-0.030.530.11
0.92-0.850.710.610.83-0.83-0.77-0.880.810.92-0.090.920.35-0.22-0.11-0.850.580.350.92-0.81-0.73-0.410.920.530.54
-0.861.0-0.86-0.75-0.721.00.790.93-0.68-0.810.34-0.86-0.29-0.180.41-0.85-0.49-0.68-0.860.650.64-0.05-0.86-0.41-0.56
0.69-0.490.30.080.87-0.42-0.81-0.760.880.680.580.73-0.19-0.070.510.58-0.490.590.69-0.780.01-0.110.690.990.6
0.58-0.680.450.240.56-0.68-0.6-0.710.530.490.020.61-0.240.41-0.110.35-0.680.590.57-0.420.040.590.570.510.4
1.0-0.860.70.520.91-0.83-0.8-0.930.890.980.070.990.12-0.04-0.030.92-0.860.690.57-0.88-0.61-0.151.00.610.61
-0.880.65-0.53-0.38-0.970.590.840.82-0.98-0.85-0.25-0.870.010.08-0.18-0.810.65-0.78-0.42-0.880.430.16-0.88-0.77-0.66
-0.60.64-0.8-0.78-0.350.650.430.5-0.33-0.640.4-0.58-0.75-0.090.4-0.730.640.010.04-0.610.430.42-0.610.06-0.52
-0.15-0.05-0.02-0.08-0.12-0.070.060.04-0.14-0.28-0.23-0.15-0.460.61-0.32-0.41-0.05-0.110.59-0.150.160.42-0.15-0.13-0.08
1.0-0.860.70.520.91-0.83-0.8-0.930.890.980.070.990.12-0.04-0.030.92-0.860.690.571.0-0.88-0.61-0.150.610.61
0.61-0.410.240.060.85-0.34-0.8-0.70.860.590.590.65-0.22-0.10.530.53-0.410.990.510.61-0.770.06-0.130.610.58
0.61-0.570.790.620.63-0.53-0.85-0.70.620.620.220.630.40.540.110.54-0.560.60.40.61-0.66-0.52-0.080.610.58
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Life Insurance Account Relationship Matchups

Life Insurance fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets38.3T42.5T45.8T53.2T56.6T48.0T
Other Current Liab461.9B539.7B417.1B488.0B325.1B421.0B
Total Current Liabilities483.1B565.7B446.8B517.9B339.6B496.5B
Total Stockholder Equity68.8B113.4B462.3B827.5B1.3T1.3T
Property Plant And Equipment Net34.5B35.5B38.2B40.6B44.8B47.5B
Net Debt(292.2B)(331.6B)(309.0B)(361.7B)(698.8B)(663.9B)
Retained Earnings(19.0B)41.8B392.2B757.0B1.2T1.3T
Accounts Payable3.9B8.2B9.4B11.4B14.5B8.8B
Cash292.3B331.6B309.0B361.7B698.8B469.5B
Non Current Assets Total37.9T42.1T45.3T49.4T56.6T47.0T
Non Currrent Assets Other3.1T33.8T36.9T3.3T4.1T3.9T
Other Assets37.9T11.6M27K3.3T3.0T2.8T
Cash And Short Term Investments360.8B447.2B518.3B418.2B825.7B601.3B
Net Receivables(2.4T)947.9B1.1T1.1T1.2T1.3T
Short Term Investments305.4B144.0B169.7B170.0B281.2B209.3B
Liabilities And Stockholders Equity38.3T42.5T45.8T53.2T56.6T48.0T
Non Current Liabilities Total38.2T42.4T45.3T52.3T55.3T47.6T
Inventory733.8M725.3M634M575.5M557.3M528.8M
Other Current Assets2.2T(947.9B)(1.1T)(1.1T)1.3T1.4T
Other Stockholder Equity82.5B(41.7B)21M7.2B171.2M162.6M
Total Liab38.2T42.4T45.3T52.3T55.3T47.6T
Total Current Assets360.8B447.2B455.0B418.2B3.3T3.5T
Accumulated Other Comprehensive Income4.3B50.1B6.5B6.7B1.2T1.3T
Intangible Assets274.0M212.0M154.0M111.2M89.3M84.8M
Net Invested Capital68.9B113.4B462.3B827.5B1.3T1.3T
Long Term Investments34.8T39.2T42.3T49.6T52.7T45.5T
Property Plant And Equipment Gross69.6B74.2B79.6B84.8B92.2B75.4B

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Additional Tools for Life Stock Analysis

When running Life Insurance's price analysis, check to measure Life Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Life Insurance is operating at the current time. Most of Life Insurance's value examination focuses on studying past and present price action to predict the probability of Life Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Insurance's price. Additionally, you may evaluate how the addition of Life Insurance to your portfolios can decrease your overall portfolio volatility.