SpareBank 1 Sor Norge ASA (OSL:SB1NO) Cash-to-Debt : 0.00 (As of Dec. 2024)

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What is SpareBank 1 Sor Norge ASA Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. SpareBank 1 Sor Norge ASA's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, SpareBank 1 Sor Norge ASA couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for SpareBank 1 Sor Norge ASA's Cash-to-Debt or its related term are showing as below:

During the past 13 years, SpareBank 1 Sor Norge ASA's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

OSL:SB1NO's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.41
* Ranked among companies with meaningful Cash-to-Debt only.

SpareBank 1 Sor Norge ASA Cash-to-Debt Historical Data

The historical data trend for SpareBank 1 Sor Norge ASA's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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SpareBank 1 Sor Norge ASA Cash-to-Debt Chart

SpareBank 1 Sor Norge ASA Annual Data

Trend

Dec15

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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SpareBank 1 Sor Norge ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SpareBank 1 Sor Norge ASA's Cash-to-Debt

For the Banks - Regional subindustry, SpareBank 1 Sor Norge ASA's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

SpareBank 1 Sor Norge ASA's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Cash-to-Debt falls into.

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SpareBank 1 Sor Norge ASA Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

SpareBank 1 Sor Norge ASA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	119	/	(0	+	210365)
	=	0.00

SpareBank 1 Sor Norge ASA's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	119	/	(0	+	210365)
	=	0.00

SpareBank 1 Sor Norge ASA (OSL:SB1NO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

SpareBank 1 Sor Norge ASA Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Sor Norge ASA's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

SpareBank 1 Sor Norge ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Sor Norge ASA (OSL:SB1NO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SB1NOo:UK 0Q57:UK B4M1:Germany

Address

Christen Tranesgate 35, Stavanger, NOR, 4007

Website

https://www.sparebank1.no

SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, including investment services, leasing, estate agency, and accounting services. The company's reportable segments are Retail market, which generates maximum revenue, Corporate market, SME and agriculture, and Other.

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