Romerike Sparebank (OSL:ROMER) Debt-to-Equity : 1.95 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Romerike Sparebank Debt-to-Equity?

Romerike Sparebank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil. Romerike Sparebank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4,189.1 Mil. Romerike Sparebank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr2,147.1 Mil. Romerike Sparebank's debt to equity for the quarter that ended in Dec. 2023 was 1.95.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Romerike Sparebank's Debt-to-Equity or its related term are showing as below:

OSL:ROMER' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.59 Med: 2.47 Max: 3.09
Current: 1.95

During the past 10 years, the highest Debt-to-Equity Ratio of Romerike Sparebank was 3.09. The lowest was 1.59. And the median was 2.47.

OSL:ROMER's Debt-to-Equity is ranked worse than
82.76% of 1392 companies
in the Banks industry
Industry Median: 0.665 vs OSL:ROMER: 1.95

Romerike Sparebank Debt-to-Equity Historical Data

The historical data trend for Romerike Sparebank's Debt-to-Equity 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.

Romerike Sparebank Debt-to-Equity Chart

Romerike Sparebank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.85

2.41

2.13

1.59

1.95

Romerike Sparebank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.59	1.74	1.82	1.83	1.95

Competitive Comparison of Romerike Sparebank's Debt-to-Equity

For the Banks - Regional subindustry, Romerike Sparebank's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Romerike Sparebank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Romerike Sparebank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Romerike Sparebank's Debt-to-Equity falls into.

Romerike Sparebank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Romerike Sparebank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4189.142)	/	2147.109
	=	1.95

Romerike Sparebank's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4189.142)	/	2147.109
	=	1.95

Romerike Sparebank (OSL:ROMER) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Romerike Sparebank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Romerike Sparebank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Romerike Sparebank (OSL:ROMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Romerike Sparebank (OSL:ROMER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Torvet 5, Lillestrom, NOR

Website

https://www.rsbank.no

Romerike Sparebank provides banking and financial services in Norway. It provides its services to local residents, private individuals, SMEs, and companies. It offers Bank guarantee, Construction loans, Establishment loan, Overdraft, Health insurance, Homeowners insurance, Home insurance agriculture, Craftsman insurance, Commercial vehicle and Business insurance among others.

Romerike Sparebank (OSL:ROMER) Headlines

No Headlines