Protector Forsikring Balance Sheet Health
Financial Health criteria checks 5/6
Protector Forsikring has a total shareholder equity of NOK5.2B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are NOK24.8B and NOK19.6B respectively. Protector Forsikring's EBIT is NOK2.6B making its interest coverage ratio 35.8. It has cash and short-term investments of NOK22.0B.
Key information
36.4%
Debt to equity ratio
NOK 1.89b
Debt
| Interest coverage ratio | 35.8x |
| Cash | NOK 22.01b |
| Equity | NOK 5.19b |
| Total liabilities | NOK 19.59b |
| Total assets | NOK 24.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR40's short term assets (NOK23.9B) exceed its short term liabilities (NOK16.9B).
Long Term Liabilities: PR40's short term assets (NOK23.9B) exceed its long term liabilities (NOK2.7B).
Debt to Equity History and Analysis
Debt Level: PR40 has more cash than its total debt.
Reducing Debt: PR40's debt to equity ratio has reduced from 62.8% to 36.4% over the past 5 years.
Debt Coverage: PR40's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: PR40's interest payments on its debt are well covered by EBIT (35.8x coverage).