Surnadal Sparebank (OSL:SUSB) Equity-to-Asset : 0.13 (As of Mar. 2021)

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What is Surnadal Sparebank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Surnadal Sparebank's Total Stockholders Equity for the quarter that ended in Mar. 2021 was kr926.1 Mil. Surnadal Sparebank's Total Assets for the quarter that ended in Mar. 2021 was kr7,139.0 Mil. Therefore, Surnadal Sparebank's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.13.

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

OSL:SUSB's Equity-to-Asset is not ranked ^*
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Surnadal Sparebank Equity-to-Asset Historical Data

The historical data trend for Surnadal Sparebank's Equity-to-Asset 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 Equity-to-Asset Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Equity-to-Asset

0.09

0.10

0.12

0.13

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Equity-to-Asset	Get a 7-Day Free Trial											0.13	0.13	0.13	0.13	0.13

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

For the Banks - Regional subindustry, Surnadal Sparebank's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Banks Industry

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

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

Surnadal Sparebank Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Surnadal Sparebank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	916.266	/	7072.261
	=	0.13

Surnadal Sparebank's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	926.094	/	7139.032
	=	0.13

Surnadal Sparebank (OSL:SUSB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Surnadal Sparebank Equity-to-Asset 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 » Equity-to-Asset

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.