Gjensidige Forsikring Balance Sheet Health
Financial Health criteria checks 4/6
Gjensidige Forsikring has a total shareholder equity of NOK24.9B and total debt of NOK3.4B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are NOK167.6B and NOK142.7B respectively. Gjensidige Forsikring's EBIT is NOK7.3B making its interest coverage ratio 12.3. It has cash and short-term investments of NOK72.2B.
Key information
13.8%
Debt to equity ratio
NOK 3.43b
Debt
| Interest coverage ratio | 12.3x |
| Cash | NOK 72.19b |
| Equity | NOK 24.91b |
| Total liabilities | NOK 142.69b |
| Total assets | NOK 167.60b |
Recent financial health updates
No updates
Recent updates
Gjensidige Forsikring ASA's (OB:GJF) Business Is Trailing The Market But Its Shares Aren't
Jul 04
Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price
Apr 03Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's
Feb 28Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 28Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 27Financial Position Analysis
Short Term Liabilities: GJF's short term assets (NOK83.6B) exceed its short term liabilities (NOK3.0B).
Long Term Liabilities: GJF's short term assets (NOK83.6B) do not cover its long term liabilities (NOK139.6B).
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% to 13.8% over the past 5 years.
Debt Coverage: GJF's debt is well covered by operating cash flow (119.9%).
Interest Coverage: GJF's interest payments on its debt are well covered by EBIT (12.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gjensidige Forsikring ASA is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fridtjof Berents | Arctic Securities ASA |
| Claudia Gaspari | Barclays |
| Robert Bate | Barclays |