Storebrand Balance Sheet Health
Financial Health criteria checks 1/6
Storebrand has a total shareholder equity of NOK30.0B and total debt of NOK52.6B, which brings its debt-to-equity ratio to 175.7%. Its total assets and total liabilities are NOK965.5B and NOK935.5B respectively. Storebrand's EBIT is NOK64.5B making its interest coverage ratio 19.7. It has cash and short-term investments of NOK14.5B.
Key information
175.7%
Debt to equity ratio
kr52.63b
Debt
| Interest coverage ratio | 19.7x |
| Cash | kr14.49b |
| Equity | kr29.96b |
| Total liabilities | kr935.51b |
| Total assets | kr965.47b |
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
Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?
May 29Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 28Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50
Feb 12Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why
Apr 03Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 15Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares
Feb 24What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend
Feb 18Should You Take Comfort From Insider Transactions At Storebrand ASA (OB:STB)?
Jan 28Shareholders Of Storebrand (OB:STB) Must Be Happy With Their 131% Total Return
Jan 07
How Much Of Storebrand ASA (OB:STB) Do Institutions Own?
Dec 16Storebrand ASA's (OB:STB) Stock Is Going Strong: Have Financials A Role To Play?
Nov 25Financial Position Analysis
Short Term Liabilities: STB's short term assets (NOK67.2B) do not cover its short term liabilities (NOK87.6B).
Long Term Liabilities: STB's short term assets (NOK67.2B) do not cover its long term liabilities (NOK847.9B).
Debt to Equity History and Analysis
Debt Level: STB's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: STB's debt to equity ratio has increased from 80.2% to 175.7% over the past 5 years.
Debt Coverage: STB's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: STB's interest payments on its debt are well covered by EBIT (19.7x coverage).