Surnadal Sparebank (OSL:SUSB) Liabilities-to-Assets : 0.87 (As of Mar. 2021)

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What is Surnadal Sparebank Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Surnadal Sparebank's Total Liabilities for the quarter that ended in Mar. 2021 was kr6,212.9 Mil. Surnadal Sparebank's Total Assets for the quarter that ended in Mar. 2021 was kr7,139.0 Mil. Therefore, Surnadal Sparebank's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.87.

Surnadal Sparebank Liabilities-to-Assets Historical Data

The historical data trend for Surnadal Sparebank's Liabilities-to-Assets 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.

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Surnadal Sparebank Liabilities-to-Assets Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Liabilities-to-Assets

0.91

0.90

0.89

0.87

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Liabilities-to-Assets	Get a 7-Day Free Trial											0.87	0.87	0.87	0.87	0.87

Competitive Comparison of Surnadal Sparebank's Liabilities-to-Assets

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

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

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

Surnadal Sparebank Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Surnadal Sparebank's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )	=	Total Liabilities	/	Total Assets
	=	6155.995	/	7072.261
	=	0.87

Surnadal Sparebank's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )	=	Total Liabilities	/	Total Assets
	=	6212.938	/	7139.032
	=	0.87

Surnadal Sparebank (OSL:SUSB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Surnadal Sparebank Liabilities-to-Assets 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 » Liabilities-to-Assets

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.