Financial Statements

National Western Life Group, Inc. (NWLI)

$491.96

+0.42 (+0.09%)

Balance Sheet Statement

All numbers are in thousands
Year XLSX
2023
XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
Total assets 10,938,62713,100,22714,330,18914,648,27012,553,447
Total Current Assets 1,351,7497,906,90311,323,48913,071,6223,610,470
Cash and Short Term Investments 7,590,946295,270714,624581,059253,525
Cash and cash equivalents 482,758295,270714,624581,059253,525
Short Term Investments 715,4977,615,5709,068,94610,770,9233,356,945
Receivables 1,545,4971,729,8551,539,9191,719,640-
Inventory -9,136,4434,691,4017,921,4889,292,573-
Other Current Assets 1,351,7491,190,3771,147,4581,478,3501,045,905
Total non-current Assets 9,586,87857,86710,431,77211,057,03710,624,855
Property, Plant & Equipment Net 171,10068,90081,30083,300153,600
Goodwill and Intangible Assets 129,905167,137175,871185,070138,071
Goodwill 129,905167,137175,871185,070138,071
Intangible Assets 129,905153,237161,971171,170138,071
Long Term Investments 380,6298,703,63910,174,60110,788,66710,486,784
Other non-current Assets 8,674,808-8,939,676-8,258-7,721-357,777
Other Assets -5,135,457-7,425,072-9,480,389-1,681,878
Total liabilities 8,498,90311,093,016101,166145,12639,907
Total current liabilities -1,542,42418,44414,38811,6673,748
Other Current Liabilities -1,542,42418,44414,38811,667-
Total non-current liabilities 10,041,3271,306101,166145,12639,907
Other non-current Liabilities 9,825,226-258,558-101,166-145,126-39,907
Total shareholders equity 2,439,7242,007,2112,539,6912,539,7502,128,243
Common Stock 3636363636
Retained earnings 2,720,5452,381,8562,281,9862,102,5772,026,383
Accumulated Other Comprehensive Income Loss -322,573-416,397215,953395,42160,108
Other Stockholders Equity 41,71641,71641,71641,71641,716
Total Investments 1,096,1269,565,63910,972,48311,432,20511,058,892
Net Debt -482,758-295,270-714,624-581,059-253,525

National Western Life Group, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes National Western Life Group, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.