Protector Forsikring Balance Sheet Health
Financial Health criteria checks 5/6
Protector Forsikring has a total shareholder equity of NOK4.7B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are NOK24.3B and NOK19.7B respectively. Protector Forsikring's EBIT is NOK2.0B making its interest coverage ratio 24.7. It has cash and short-term investments of NOK22.4B.
Key information
40.4%
Debt to equity ratio
NOK 1.89b
Debt
Interest coverage ratio | 24.7x |
Cash | NOK 22.36b |
Equity | NOK 4.69b |
Total liabilities | NOK 19.65b |
Total assets | NOK 24.34b |
Recent financial health updates
No updates
Recent updates
Protector Forsikring ASA's (OB:PROT) Business Is Trailing The Market But Its Shares Aren't
Jul 14It 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 01Financial Position Analysis
Short Term Liabilities: PROT's short term assets (NOK24.0B) exceed its short term liabilities (NOK16.8B).
Long Term Liabilities: PROT's short term assets (NOK24.0B) exceed its long term liabilities (NOK2.8B).
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 62.5% to 40.4% over the past 5 years.
Debt Coverage: PROT's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: PROT's interest payments on its debt are well covered by EBIT (24.7x coverage).