Protector Forsikring Balance Sheet Health
Financial Health criteria checks 3/6
Protector Forsikring has a total shareholder equity of NOK4.6B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are NOK23.4B and NOK18.7B respectively. Protector Forsikring's EBIT is NOK1.9B making its interest coverage ratio 30.5. It has cash and short-term investments of NOK18.3B.
Key information
41.0%
Debt to equity ratio
kr1.89b
Debt
Interest coverage ratio | 30.5x |
Cash | kr18.34b |
Equity | kr4.62b |
Total liabilities | kr18.74b |
Total assets | kr23.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR4's short term assets (NOK251.0M) do not cover its short term liabilities (NOK15.5B).
Long Term Liabilities: PR4's short term assets (NOK251.0M) do not cover its long term liabilities (NOK3.3B).
Debt to Equity History and Analysis
Debt Level: PR4 has more cash than its total debt.
Reducing Debt: PR4's debt to equity ratio has reduced from 58.8% to 41% over the past 5 years.
Debt Coverage: PR4's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: PR4's interest payments on its debt are well covered by EBIT (30.5x coverage).