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TF Bank AB (OSTO:TFBANK) Equity-to-Asset : 0.09 (As of Mar. 2024)


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What is TF Bank AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TF Bank AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr2,269 Mil. TF Bank AB's Total Assets for the quarter that ended in Mar. 2024 was kr24,071 Mil. Therefore, TF Bank AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.09.

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

OSTO:TFBANK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.16
Current: 0.09

During the past 11 years, the highest Equity to Asset Ratio of TF Bank AB was 0.16. The lowest was 0.09. And the median was 0.11.

OSTO:TFBANK's Equity-to-Asset is ranked better than
50.17% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs OSTO:TFBANK: 0.09

TF Bank AB Equity-to-Asset Historical Data

The historical data trend for TF Bank AB'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.

TF Bank AB Equity-to-Asset Chart

TF Bank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.11 0.10 0.09

TF Bank AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.10 0.09 0.09 0.09 0.09

Competitive Comparison of TF Bank AB's Equity-to-Asset

For the Banks - Regional subindustry, TF Bank AB'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.


TF Bank AB's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where TF Bank AB's Equity-to-Asset falls into.



TF Bank AB 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.

TF Bank AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2160.914/23946.758
=0.09

TF Bank AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2269.062/24070.51
=0.09

* 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.


TF Bank AB  (OSTO:TFBANK) 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%.


TF Bank AB Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of TF Bank AB's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


TF Bank AB (OSTO:TFBANK) Business Description

Traded in Other Exchanges
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
TF Bank AB is an internet-based niche bank which offers consumer banking services and Ecommerce Solutions through a proprietary IT platform with a high degree of automation. It is engaged in deposit and lending operations for private individuals in Sweden and Finland, as well as cross-border lending operations in Norway, Denmark, Estonia, Latvia, and Poland. The company operates through three segments Consumer Lending, Ecommerce Solutions, and Credit Cards.

TF Bank AB (OSTO:TFBANK) Headlines

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