Storebrand Balance Sheet Health
Financial Health criteria checks 1/6
Storebrand has a total shareholder equity of NOK30.0B and total debt of NOK52.6B, which brings its debt-to-equity ratio to 175.7%. Its total assets and total liabilities are NOK965.5B and NOK935.5B respectively. Storebrand's EBIT is NOK64.5B making its interest coverage ratio 19.7. It has cash and short-term investments of NOK14.5B.
Key information
175.7%
Debt to equity ratio
kr52.63b
Debt
Interest coverage ratio | 19.7x |
Cash | kr14.49b |
Equity | kr29.96b |
Total liabilities | kr935.51b |
Total assets | kr965.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NO0's short term assets (NOK67.2B) do not cover its short term liabilities (NOK86.8B).
Long Term Liabilities: 0NO0's short term assets (NOK67.2B) do not cover its long term liabilities (NOK848.7B).
Debt to Equity History and Analysis
Debt Level: 0NO0's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: 0NO0's debt to equity ratio has increased from 80.2% to 175.7% over the past 5 years.
Debt Coverage: 0NO0's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 0NO0's interest payments on its debt are well covered by EBIT (19.7x coverage).