Gjensidige Forsikring ASA

OB:GJF Stock Report

Market Cap: NOK 100.5b

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 ratio12.3x
CashNOK 72.19b
EquityNOK 24.91b
Total liabilitiesNOK 142.69b
Total assetsNOK 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
Gjensidige Forsikring ASA's (OB:GJF) Business Is Trailing The Market But Its Shares Aren't

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

Financial 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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Claudia GaspariBarclays
Robert BateBarclays