FBL Financial Group (FBL Financial Group) Cash-to-Debt : 0.73 (As of Mar. 2021)

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What is FBL Financial Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. FBL Financial Group's cash to debt ratio for the quarter that ended in Mar. 2021 was 0.73.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, FBL Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

The historical rank and industry rank for FBL Financial Group's Cash-to-Debt or its related term are showing as below:

FFG's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.885
* Ranked among companies with meaningful Cash-to-Debt only.

FBL Financial Group Cash-to-Debt Historical Data

The historical data trend for FBL Financial Group's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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FBL Financial Group Cash-to-Debt Chart

FBL Financial Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.35

0.54

0.20

0.18

0.13

FBL Financial Group Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.16	0.16	0.13	0.73

Competitive Comparison of FBL Financial Group's Cash-to-Debt

For the Insurance - Life subindustry, FBL Financial Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FBL Financial Group's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FBL Financial Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where FBL Financial Group's Cash-to-Debt falls into.

FBL Financial Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

FBL Financial Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.882	/	(0	+	97)
	=	0.13

FBL Financial Group's Cash to Debt Ratio for the quarter that ended in Mar. 2021 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	70.854	/	(0	+	97)
	=	0.73

FBL Financial Group (NYSE:FFG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

FBL Financial Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of FBL Financial Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

FBL Financial Group (FBL Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FBL Financial Group Inc (NYSE:FFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 University Avenue, West Des Moines, IA, USA, 50266-5997

Website

http://www.fblfinancial.com

FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.

Executives

Paul A. Juffer	director	5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle	director	275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster	officer: VP - Marketing and Agency Svcs	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge	officer: Chief Accounting Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead	officer: Chief Investment Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead	officer: VP - Sales and Distribution	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker	officer: Chief Information Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts	director	2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt	officer: Chief Operating Officer - PC	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart	officer: Chief Administrative Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski	officer: Senior Vice President	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher	director, officer: Chief Executive Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel	officer: Chief Investment Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel	officer: CFO & Treasurer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen	officer: CEO Emeritus	5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266