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Melhus Sparebank (OSL:MELG) Liabilities-to-Assets : 0.86 (As of Sep. 2024)


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What is Melhus 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. Melhus Sparebank's Total Liabilities for the quarter that ended in Sep. 2024 was kr9,687.6 Mil. Melhus Sparebank's Total Assets for the quarter that ended in Sep. 2024 was kr11,218.4 Mil. Therefore, Melhus Sparebank's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.86.


Melhus Sparebank Liabilities-to-Assets Historical Data

The historical data trend for Melhus 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.

* Premium members only.

Melhus Sparebank Liabilities-to-Assets Chart

Melhus Sparebank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.88 0.88 0.88 0.87

Melhus Sparebank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.87 0.87 0.87 0.86

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

For the Banks - Regional subindustry, Melhus 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.


Melhus Sparebank's Liabilities-to-Assets Distribution in the Banks Industry

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

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



Melhus 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.

Melhus Sparebank's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=9601.458/11079.482
=0.87

Melhus Sparebank's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=9687.593/11218.361
=0.86

* 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.


Melhus Sparebank  (OSL:MELG) 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.


Melhus Sparebank Liabilities-to-Assets Related Terms

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Melhus Sparebank Business Description

Traded in Other Exchanges
Address
Melhus Road 439, Melhus, NOR, 7224
Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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