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Gjensidige Forsikring ASA Equity-to-Asset

: 0.20 (As of Sep. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gjensidige Forsikring ASA's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $2,889 Mil. Gjensidige Forsikring ASA's Total Assets for the quarter that ended in Sep. 2021 was $14,763 Mil. Therefore, Gjensidige Forsikring ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.20.

The historical rank and industry rank for Gjensidige Forsikring ASA's Equity-to-Asset or its related term are showing as below:

OTCPK:GJNSY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.4
Current: 0.2

0.14
0.4

During the past 13 years, the highest Equity to Asset Ratio of Gjensidige Forsikring ASA was 0.40. The lowest was 0.14. And the median was 0.22.

OTCPK:GJNSY's Equity-to-Asset is ranked lower than
59% of the 507 Companies
in the Insurance industry.

( Industry Median: 0.25 vs. OTCPK:GJNSY: 0.20 )

Gjensidige Forsikring ASA Equity-to-Asset Historical Data

The historical data trend for Gjensidige Forsikring ASA's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gjensidige Forsikring ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.15 0.23 0.21

Gjensidige Forsikring ASA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.21 0.18 0.19 0.20

Competitive Comparison

For the Insurance - Diversified subindustry, Gjensidige Forsikring ASA's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Gjensidige Forsikring ASA Equity-to-Asset Distribution

For the Insurance industry and Financial Services sector, Gjensidige Forsikring ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gjensidige Forsikring ASA's Equity-to-Asset falls into.



Gjensidige Forsikring ASA Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Gjensidige Forsikring ASA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=2903.8141286996/13587.99140931
=0.21

Gjensidige Forsikring ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=2889.1006317637/14762.921127704
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gjensidige Forsikring ASA Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Gjensidige Forsikring ASA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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