Sandnes Sparebank (OSL:SADG) Debt-to-Equity : 4.50 (As of Mar. 2024)

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What is Sandnes Sparebank Debt-to-Equity?

Sandnes Sparebank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Sandnes Sparebank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr16,709.5 Mil. Sandnes Sparebank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,713.1 Mil. Sandnes Sparebank's debt to equity for the quarter that ended in Mar. 2024 was 4.50.

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 Sandnes Sparebank's Debt-to-Equity or its related term are showing as below:

OSL:SADG' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.26 Med: 4.54 Max: 6.56
Current: 4.5

During the past 13 years, the highest Debt-to-Equity Ratio of Sandnes Sparebank was 6.56. The lowest was 4.26. And the median was 4.54.

OSL:SADG's Debt-to-Equity is ranked worse than
96.2% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs OSL:SADG: 4.50

Sandnes Sparebank Debt-to-Equity Historical Data

The historical data trend for Sandnes 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.

Sandnes Sparebank Debt-to-Equity Chart

Sandnes Sparebank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.33

4.30

4.46

4.39

Sandnes Sparebank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															4.77	4.43	4.56	4.39	4.50

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

For the Banks - Regional subindustry, Sandnes 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.

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

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

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

Sandnes Sparebank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sandnes 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	+	15887.218)	/	3621.904
	=	4.39

Sandnes Sparebank's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	16709.488)	/	3713.098
	=	4.50

Sandnes Sparebank (OSL:SADG) 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.

Sandnes Sparebank Debt-to-Equity Related Terms

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Sandnes Sparebank (OSL:SADG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Radhusgata 3, Sandnes, NOR, 4306

Website

https://www.sandnes-sparebank.no

Sandnes Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. It is also involved in real estate brokerage through its subsidiary, Aktiv Eiendomsmegling Jaeren AS. The Group has three operating segments: Retail Market (RM), Corporate Market (CM), and Real Estate. The group's majority of revenue is derived from the Retail market segment followed by the Corporate market segment. The Real Estate segment involves real estate brokerage activities.

Sandnes Sparebank (OSL:SADG) Headlines

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