Storebrand Balance Sheet Health
Financial Health criteria checks 1/6
Storebrand has a total shareholder equity of NOK29.5B and total debt of NOK52.4B, which brings its debt-to-equity ratio to 177.6%. Its total assets and total liabilities are NOK896.9B and NOK867.4B respectively. Storebrand's EBIT is NOK45.2B making its interest coverage ratio 15.1. It has cash and short-term investments of NOK15.1B.
Key information
177.6%
Debt to equity ratio
kr52.44b
Debt
Interest coverage ratio | 15.1x |
Cash | kr15.05b |
Equity | kr29.53b |
Total liabilities | kr867.41b |
Total assets | kr896.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STBo's short term assets (NOK67.4B) do not cover its short term liabilities (NOK91.8B).
Long Term Liabilities: STBo's short term assets (NOK67.4B) do not cover its long term liabilities (NOK775.6B).
Debt to Equity History and Analysis
Debt Level: STBo's net debt to equity ratio (126.6%) is considered high.
Reducing Debt: STBo's debt to equity ratio has increased from 78.3% to 177.6% over the past 5 years.
Debt Coverage: STBo's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STBo's interest payments on its debt are well covered by EBIT (15.1x coverage).