Gjensidige Forsikring ASA (GJF) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.047x

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.

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

This chart illustrates how Gjensidige Forsikring ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GJF total liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Reinsurance Group of America NYSE:RGA	0.074x
LTIMindtree Limited NSE:LTM	0.057x
HDFC Life Insurance Company Limited NSE:HDFCLIFE	0.419x
Union Bank of India NSE:UNIONBANK	-0.109x
CVC Capital Partners PLC AS:CVC	0.083x
Ecopro BM. Co. Ltd KQ:247540	0.032x
Lynas Rare EARTHS Ltd AU:LYC	0.025x
EIFFAGE S.A.ADR 1/5/EO 4 F:EF30	N/A

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. For the full company profile with market capitalisation and key ratios, see Gjensidige Forsikring ASA (GJF) market capitalisation.

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

$13.66 Billion

Nkr129.79 Billion NOK

Market Cap Rank

#1737 Global

#8 in Norway

Share Price

Nkr259.60

Change (1 day)

-0.46%

52-Week Range

Nkr241.80 - Nkr302.00

All Time High

Nkr302.00