Surnadal Sparebank (OSL:SUSB) Debt-to-Equity : 1.65 (As of Mar. 2021)

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What is Surnadal Sparebank Debt-to-Equity?

Surnadal Sparebank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was kr0.0 Mil. Surnadal Sparebank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was kr1,524.4 Mil. Surnadal Sparebank's Total Stockholders Equity for the quarter that ended in Mar. 2021 was kr926.1 Mil. Surnadal Sparebank's debt to equity for the quarter that ended in Mar. 2021 was 1.65.

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

OSL:SUSB's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

Surnadal Sparebank Debt-to-Equity Historical Data

The historical data trend for Surnadal 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.

Surnadal Sparebank Debt-to-Equity Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

3.05

2.25

2.03

1.75

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Debt-to-Equity	Get a 7-Day Free Trial											1.66	1.58	1.80	1.75	1.65

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

For the Banks - Regional subindustry, Surnadal 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.

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

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

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

Surnadal Sparebank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Surnadal Sparebank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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	+	1604.708)	/	916.266
	=	1.75

Surnadal Sparebank's Debt to Equity Ratio for the quarter that ended in Mar. 2021 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	+	1524.405)	/	926.094
	=	1.65

Surnadal Sparebank (OSL:SUSB) 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.

Surnadal Sparebank Debt-to-Equity Related Terms

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Surnadal Sparebank (OSL:SUSB) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

Bardshaugvegen 7, Surnadal, NOR, 6650

Website

https://www.bank.no

Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.