Gjensidige Forsikring ASA Cash Flow Conversion Efficiency

Latest as of September 2024: 0.047x

Gjensidige Forsikring ASA cash flow conversion efficiency. Based on the latest financial reports, Gjensidige Forsikring ASA (GJF) has a cash flow conversion efficiency ratio of 0.047x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr1.16 Billion ≈ $122.38 Million USD) by net assets (Nkr24.91 Billion ≈ $2.62 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Gjensidige Forsikring ASA (2004–2023)

Cash flow conversion efficiency of Gjensidige Forsikring ASA from 2004 to 2023. This chart illustrates how Gjensidige Forsikring ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Gjensidige Forsikring ASA stock quote for real-time trading data and today's change.

Gjensidige Forsikring ASA Cash Flow Conversion Ratio Explained

Gjensidige Forsikring ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Gjensidige Forsikring ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Gjensidige Forsikring ASA ranked by their cash flow conversion efficiency. Also see GJF market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
SOUTH32 Ltd AU:S32	0.060x
Investment AB Latour (publ) ST:LATO-B	0.021x
True Corporation Public Company Limited BK:TRUE	0.212x
Coca-Cola Consolidated Inc. NASDAQ:COKE	-0.283x
Annaly Capital Management, Inc. NYSE:NLY	0.095x
Korea Electric Power Corporation F:KOP	0.071x
Ares Capital Corporation NASDAQ:ARCC	0.024x
IGM Financial Inc. TO:IGM	0.043x

Annual Cash Flow Conversion Efficiency for Gjensidige Forsikring ASA (2004–2023)

The table below shows the annual cash flow conversion efficiency of Gjensidige Forsikring ASA from 2004 to 2023. Review Gjensidige Forsikring ASA free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	Nkr24.23 Billion ≈ $2.55 Billion	Nkr4.81 Billion ≈ $506.58 Million	0.199x	+9.12%
2022-12-31	Nkr25.87 Billion ≈ $2.72 Billion	Nkr4.71 Billion ≈ $495.65 Million	0.182x	-34.70%
2021-12-31	Nkr25.21 Billion ≈ $2.65 Billion	Nkr7.03 Billion ≈ $739.43 Million	0.279x	-3.90%
2020-12-31	Nkr25.28 Billion ≈ $2.66 Billion	Nkr7.33 Billion ≈ $771.83 Million	0.290x	+714.88%
2019-12-31	Nkr26.19 Billion ≈ $2.76 Billion	Nkr-1.24 Billion ≈ $-130.03 Million	-0.047x	-128.25%
2018-12-31	Nkr23.85 Billion ≈ $2.51 Billion	Nkr3.98 Billion ≈ $419.04 Million	0.167x	-17.26%
2017-12-31	Nkr23.70 Billion ≈ $2.49 Billion	Nkr4.78 Billion ≈ $503.46 Million	0.202x	-8.49%
2016-12-31	Nkr22.33 Billion ≈ $2.35 Billion	Nkr4.92 Billion ≈ $518.21 Million	0.221x	+28.71%
2015-12-31	Nkr23.33 Billion ≈ $2.46 Billion	Nkr4.00 Billion ≈ $420.75 Million	0.171x	-14.87%
2014-12-31	Nkr21.66 Billion ≈ $2.28 Billion	Nkr4.36 Billion ≈ $458.76 Million	0.201x	+38.09%
2013-12-31	Nkr26.29 Billion ≈ $2.77 Billion	Nkr3.83 Billion ≈ $403.27 Million	0.146x	-15.26%
2012-12-31	Nkr25.62 Billion ≈ $2.70 Billion	Nkr4.41 Billion ≈ $463.74 Million	0.172x	+47.12%
2011-12-31	Nkr23.23 Billion ≈ $2.44 Billion	Nkr2.72 Billion ≈ $285.81 Million	0.117x	-36.39%
2010-12-31	Nkr23.14 Billion ≈ $2.43 Billion	Nkr4.25 Billion ≈ $447.57 Million	0.184x	+203.16%
2009-12-31	Nkr21.97 Billion ≈ $2.31 Billion	Nkr-3.91 Billion ≈ $-411.92 Million	-0.178x	-5875.83%
2008-12-31	Nkr19.82 Billion ≈ $2.09 Billion	Nkr-59.10 Million ≈ $-6.22 Million	-0.003x	-101.45%
2007-12-31	Nkr20.30 Billion ≈ $2.14 Billion	Nkr4.17 Billion ≈ $438.54 Million	0.205x	-15.73%
2006-12-31	Nkr15.44 Billion ≈ $1.62 Billion	Nkr3.76 Billion ≈ $395.77 Million	0.244x	-45.36%
2005-12-31	Nkr12.49 Billion ≈ $1.31 Billion	Nkr5.57 Billion ≈ $585.70 Million	0.446x	-20.29%
2004-12-31	Nkr9.11 Billion ≈ $958.55 Million	Nkr5.09 Billion ≈ $536.04 Million	0.559x	--

About Gjensidige Forsikring ASA

OL:GJF Norway Insurance - Property & Casualty

Market Cap

$13.74 Billion

Nkr130.59 Billion NOK

Market Cap Rank

#1694 Global

#7 in Norway

Share Price

Nkr261.20

Change (1 day)

+0.00%

52-Week Range

Nkr241.80 - Nkr302.00

All Time High

Nkr302.00