Gjensidige Forsikring Balance Sheet Health
Financial Health criteria checks 4/6
Gjensidige Forsikring has a total shareholder equity of NOK22.9B and total debt of NOK3.4B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are NOK160.6B and NOK137.7B respectively. Gjensidige Forsikring's EBIT is NOK6.2B making its interest coverage ratio 10.3. It has cash and short-term investments of NOK71.0B.
Key information
15.0%
Debt to equity ratio
NOK 3.43b
Debt
| Interest coverage ratio | 10.3x |
| Cash | NOK 71.02b |
| Equity | NOK 22.92b |
| Total liabilities | NOK 137.66b |
| Total assets | NOK 160.58b |
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 27Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 25Gjensidige Forsikring (OB:GJF) Will Pay A Larger Dividend Than Last Year At NOK8.25
Jan 28Here's Why I Think Gjensidige Forsikring (OB:GJF) Might Deserve Your Attention Today
May 09Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70
Feb 26Gjensidige Forsikring's (OB:GJF) Dividend Will Be Increased To kr7.70
Feb 12Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's
Jan 29With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting
Nov 24Is Now The Time To Put Gjensidige Forsikring (OB:GJF) On Your Watchlist?
Aug 24With EPS Growth And More, Gjensidige Forsikring (OB:GJF) Is Interesting
May 16Gjensidige Forsikring ASA (OB:GJF) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield
Mar 21This Is Why Gjensidige Forsikring ASA's (OB:GJF) CEO Can Expect A Bump Up In Their Pay Packet
Mar 17Is Gjensidige Forsikring ASA (OB:GJF) A Great Dividend Stock?
Feb 19
Did You Participate In Any Of Gjensidige Forsikring's (OB:GJF) Respectable 91% Return?
Jan 31Gjensidige Forsikring ASA's (OB:GJF) Stock Is Going Strong: Have Financials A Role To Play?
Jan 10Helge Baastad Is The Chief Executive Officer of Gjensidige Forsikring ASA (OB:GJF) And They Just Picked Up 100% More Shares
Dec 20How Should Investors React To Gjensidige Forsikring's (OB:GJF) CEO Pay?
Dec 14Financial Position Analysis
Short Term Liabilities: GJF's short term assets (NOK80.0B) exceed its short term liabilities (NOK1.0B).
Long Term Liabilities: GJF's short term assets (NOK80.0B) do not cover its long term liabilities (NOK136.6B).
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 11.5% to 15% over the past 5 years.
Debt Coverage: GJF's debt is well covered by operating cash flow (87.8%).
Interest Coverage: GJF's interest payments on its debt are well covered by EBIT (10.3x coverage).