Gjensidige Forsikring Asa Stock Cash And Equivalents

GJF Stock  NOK 178.70  0.70  0.39%   
Gjensidige Forsikring ASA fundamentals help investors to digest information that contributes to Gjensidige Forsikring's financial success or failures. It also enables traders to predict the movement of Gjensidige Stock. The fundamental analysis module provides a way to measure Gjensidige Forsikring's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gjensidige Forsikring stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Gjensidige Forsikring ASA Company Cash And Equivalents Analysis

Gjensidige Forsikring's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Gjensidige Forsikring Cash And Equivalents

    
  36.95 B  
Most of Gjensidige Forsikring's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gjensidige Forsikring ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Gjensidige Forsikring ASA has 36.95 B in Cash And Equivalents. This is 9.38% higher than that of the Financial Services sector and 171.86% higher than that of the Insurance - Diversified industry. The cash and equivalents for all Norway stocks is significantly lower than that of the firm.

Gjensidige Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gjensidige Forsikring's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gjensidige Forsikring could also be used in its relative valuation, which is a method of valuing Gjensidige Forsikring by comparing valuation metrics of similar companies.
Gjensidige Forsikring is currently under evaluation in cash and equivalents category among related companies.

Gjensidige Fundamentals

About Gjensidige Forsikring Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gjensidige Forsikring ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gjensidige Forsikring using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gjensidige Forsikring ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gjensidige Forsikring ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Gjensidige Forsikring ASA information on this page should be used as a complementary analysis to other Gjensidige Forsikring's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Gjensidige Stock analysis

When running Gjensidige Forsikring's price analysis, check to measure Gjensidige Forsikring's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gjensidige Forsikring is operating at the current time. Most of Gjensidige Forsikring's value examination focuses on studying past and present price action to predict the probability of Gjensidige Forsikring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gjensidige Forsikring's price. Additionally, you may evaluate how the addition of Gjensidige Forsikring to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Commodity Directory
Find actively traded commodities issued by global exchanges
Please note, there is a significant difference between Gjensidige Forsikring's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gjensidige Forsikring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gjensidige Forsikring's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.