Protector Forsikring Balance Sheet Health
Financial Health criteria checks 5/6
Protector Forsikring has a total shareholder equity of NOK4.5B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are NOK20.9B and NOK16.3B respectively. Protector Forsikring's EBIT is NOK2.0B making its interest coverage ratio 31.5. It has cash and short-term investments of NOK18.3B.
Key information
41.8%
Debt to equity ratio
kr1.89b
Debt
Interest coverage ratio | 31.5x |
Cash | kr18.34b |
Equity | kr4.53b |
Total liabilities | kr16.35b |
Total assets | kr20.87b |
Recent financial health updates
No updates
Recent updates
It Looks Like The CEO Of Protector Forsikring ASA (OB:PROT) May Be Underpaid Compared To Peers
Apr 05Does Protector Forsikring (OB:PROT) Deserve A Spot On Your Watchlist?
Oct 05Should You Be Adding Protector Forsikring (OB:PROT) To Your Watchlist Today?
May 26Protector Forsikring's (OB:PROT) Dividend Will Be Increased To NOK2.00
May 01Analysts' Revenue Estimates For Protector Forsikring ASA (OB:PROT) Are Surging Higher
Jan 26Here's Why I Think Protector Forsikring (OB:PROT) Might Deserve Your Attention Today
Mar 26With EPS Growth And More, Protector Forsikring (OB:PROT) Is Interesting
Dec 25Here's Why I Think Protector Forsikring (OB:PROT) Might Deserve Your Attention Today
Sep 01Protector Forsikring ASA's (OB:PROT) 3.9% Dividend Yield Looks Pretty Interesting
Mar 02What You Need To Know About Protector Forsikring ASA's (OB:PROT) Investor Composition
Feb 01Financial Position Analysis
Short Term Liabilities: PROT's short term assets (NOK20.6B) exceed its short term liabilities (NOK13.6B).
Long Term Liabilities: PROT's short term assets (NOK20.6B) exceed its long term liabilities (NOK2.7B).
Debt to Equity History and Analysis
Debt Level: PROT has more cash than its total debt.
Reducing Debt: PROT's debt to equity ratio has reduced from 61.2% to 41.8% over the past 5 years.
Debt Coverage: PROT's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: PROT's interest payments on its debt are well covered by EBIT (31.5x coverage).