
National Western Life Group NWLI
Quarterly report 2023-Q2
added 08-09-2023
National Western Life Group General and Administrative Expenses 2011-2025 | NWLI
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses National Western Life Group
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| - | 30.4 M | 32 M | 27.3 M | 27.1 M | 28.2 M | 20 M | 28.2 M | 28.2 M | 23.1 M | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 32 M | 20 M | 27.2 M |
General and Administrative Expenses of other stocks in the Insurance life industry
| Issuer | General and Administrative Expenses | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
FBL Financial Group, Inc.
FFG
|
9.81 M | - | 0.03 % | $ 1.49 B | ||
|
GWG Holdings, Inc.
GWGH
|
23.1 M | - | -7.07 % | $ 95.7 M | ||
|
Brighthouse Financial
BHF
|
77 M | $ 65.35 | -0.08 % | $ 4 B | ||
|
American Equity Investment Life Holding Company
AEL
|
82.9 M | - | 0.55 % | $ 4.49 B | ||
|
Citizens
CIA
|
53.7 M | $ 5.35 | 3.08 % | $ 266 M | ||
|
Globe Life
GL
|
65.9 M | $ 140.43 | 0.71 % | $ 12.5 B | ||
|
Independence Holding Company
IHC
|
206 M | - | 0.12 % | $ 831 M | ||
|
China Life Insurance Company Limited
LFC
|
37.7 B | - | -0.77 % | $ 101 B | ||
|
CNO Financial Group
CNO
|
238 M | $ 42.83 | 3.87 % | $ 4.55 B | ||
|
Genworth Financial
GNW
|
977 M | $ 8.99 | 1.35 % | $ 3.9 B | ||
|
Manulife Financial Corporation
MFC
|
7.83 B | $ 35.72 | 0.66 % | $ 35.3 B | ||
|
Aflac Incorporated
AFL
|
3.01 B | $ 111.61 | 1.42 % | $ 62.8 B | ||
|
Lincoln National Corporation
LNC
|
2.74 B | $ 45.15 | 0.18 % | $ 7.7 B | ||
|
MetLife
MET
|
700 M | $ 82.64 | 0.6 % | $ 66.4 B | ||
|
Prudential Financial
PRU
|
13.3 B | $ 117.54 | 0.48 % | $ 42 B | ||
|
Unum Group
UNM
|
898 M | $ 77.12 | -0.06 % | $ 14.5 B | ||
|
Vericity
VERY
|
68.4 M | - | - | $ 170 M |