Storebrand ASA

OB:STB Stock Report

Market Cap: NOK 53.5b

Storebrand Balance Sheet Health

Financial Health criteria checks 1/6

Storebrand has a total shareholder equity of NOK30.7B and total debt of NOK52.1B, which brings its debt-to-equity ratio to 169.7%. Its total assets and total liabilities are NOK1,015.5B and NOK984.8B respectively. Storebrand's EBIT is NOK74.8B making its interest coverage ratio 19. It has cash and short-term investments of NOK11.8B.

Key information

169.7%

Debt to equity ratio

NOK 52.06b

Debt

Interest coverage ratio19x
CashNOK 11.77b
EquityNOK 30.67b
Total liabilitiesNOK 984.79b
Total assetsNOK 1.02t

Recent financial health updates

No updates

Recent updates

Growth Investors: Industry Analysts Just Upgraded Their Storebrand ASA (OB:STB) Revenue Forecasts By 54%

Oct 29
Growth Investors: Industry Analysts Just Upgraded Their Storebrand ASA (OB:STB) Revenue Forecasts By 54%

Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?

May 29
Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?

Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 28
Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year

Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50

Feb 12
Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50

Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why

Apr 03
Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why

Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Mar 15
Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares

Feb 24
Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares

What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend

Feb 18
What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend

Financial Position Analysis

Short Term Liabilities: STB's short term assets (NOK16.1B) do not cover its short term liabilities (NOK85.7B).

Long Term Liabilities: STB's short term assets (NOK16.1B) do not cover its long term liabilities (NOK899.1B).

Debt to Equity History and Analysis

Debt Level: STB's net debt to equity ratio (131.4%) is considered high.

Reducing Debt: STB's debt to equity ratio has increased from 83.7% to 169.7% over the past 5 years.

Debt Coverage: STB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: STB's interest payments on its debt are well covered by EBIT (19x coverage).

Balance Sheet

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