Gjensidige Forsikring Balance Sheet Health

Financial Health criteria checks 4/6

Gjensidige Forsikring has a total shareholder equity of NOK21.8B and total debt of NOK3.4B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are NOK163.9B and NOK142.2B respectively. Gjensidige Forsikring's EBIT is NOK3.6B making its interest coverage ratio 5.8. It has cash and short-term investments of NOK76.4B.

Key information

15.8%

Debt to equity ratio

kr3.43b

Debt

Interest coverage ratio5.8x
Cashkr76.40b
Equitykr21.78b
Total liabilitieskr142.16b
Total assetskr163.93b

Recent financial health updates

No updates

Recent updates

Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price

Apr 03
Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price

Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 28
Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year

Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jan 27
Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 25
Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Gjensidige Forsikring (OB:GJF) Will Pay A Larger Dividend Than Last Year At NOK8.25

Jan 28
Gjensidige Forsikring (OB:GJF) Will Pay A Larger Dividend Than Last Year At NOK8.25

Here's Why I Think Gjensidige Forsikring (OB:GJF) Might Deserve Your Attention Today

May 09
Here's Why I Think Gjensidige Forsikring (OB:GJF) Might Deserve Your Attention Today

Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70

Feb 26
Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70

Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70

Feb 12
Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70

Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

Jan 29
Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting

Nov 24
With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting

Is Now The Time To Put Gjensidige Forsikring (OB:GJF) On Your Watchlist?

Aug 24
Is Now The Time To Put Gjensidige Forsikring (OB:GJF) On Your Watchlist?

With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting

May 16
With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting

Gjensidige Forsikring ASA (OB:GJF) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield

Mar 21
Gjensidige Forsikring ASA (OB:GJF) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield

This Is Why Gjensidige Forsikring ASA's (OB:GJF) CEO Can Expect A Bump Up In Their Pay Packet

Mar 17
This Is Why Gjensidige Forsikring ASA's (OB:GJF) CEO Can Expect A Bump Up In Their Pay Packet

Is Gjensidige Forsikring ASA (OB:GJF) A Great Dividend Stock?

Feb 19
Is Gjensidige Forsikring ASA (OB:GJF) A Great Dividend Stock?

Did You Participate In Any Of Gjensidige Forsikring's (OB:GJF) Respectable 91% Return?

Jan 31
Did You Participate In Any Of Gjensidige Forsikring's (OB:GJF) Respectable 91% Return?

Gjensidige Forsikring ASA's (OB:GJF) Stock Is Going Strong: Have Financials A Role To Play?

Jan 10
Gjensidige Forsikring ASA's (OB:GJF) Stock Is Going Strong: Have Financials A Role To Play?

Helge Baastad Is The Chief Executive Officer of Gjensidige Forsikring ASA (OB:GJF) And They Just Picked Up 100% More Shares

Dec 20
Helge Baastad Is The Chief Executive Officer of Gjensidige Forsikring ASA (OB:GJF) And They Just Picked Up 100% More Shares

How Should Investors React To Gjensidige Forsikring's (OB:GJF) CEO Pay?

Dec 14
How Should Investors React To Gjensidige Forsikring's (OB:GJF) CEO Pay?

Financial Position Analysis

Short Term Liabilities: GJF's short term assets (NOK86.4B) exceed its short term liabilities (NOK1.6B).

Long Term Liabilities: GJF's short term assets (NOK86.4B) do not cover its long term liabilities (NOK140.5B).


Debt to Equity History and Analysis

Debt Level: GJF has more cash than its total debt.

Reducing Debt: GJF's debt to equity ratio has increased from 6.7% to 15.8% over the past 5 years.

Debt Coverage: GJF's debt is well covered by operating cash flow (124.3%).

Interest Coverage: GJF's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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