Spar Nord Bank A/S (LTS:0JH4) Debt-to-Equity

: 0.79 (As of Dec. 2023)

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Spar Nord Bank A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0 Mil. Spar Nord Bank A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr11,069 Mil. Spar Nord Bank A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr13,979 Mil. Spar Nord Bank A/S's debt to equity for the quarter that ended in Dec. 2023 was 0.79.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Spar Nord Bank A/S's Debt-to-Equity or its related term are showing as below:

LTS:0JH4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.32 Max: 0.79
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of Spar Nord Bank A/S was 0.79. The lowest was 0.13. And the median was 0.32.

LTS:0JH4's Debt-to-Equity is ranked worse than
53.91% of 1395 companies
in the Banks industry
Industry Median: 0.7 vs LTS:0JH4: 0.79

Spar Nord Bank A/S Debt-to-Equity Historical Data

The historical data trend for Spar Nord Bank A/S's Debt-to-Equity 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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Spar Nord Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.40

0.55

0.64

0.79

Spar Nord Bank A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.64	0.63	0.61	0.79

Competitive Comparison

For the Banks - Regional subindustry, Spar Nord Bank A/S's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Spar Nord Bank A/S Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Debt-to-Equity falls into.

Spar Nord Bank A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spar Nord Bank A/S's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	11069)	/	13979
	=	0.79

Spar Nord Bank A/S's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	11069)	/	13979
	=	0.79

Spar Nord Bank A/S (LTS:0JH4) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Spar Nord Bank A/S Debt-to-Equity Related Terms

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Spar Nord Bank A/S (LTS:0JH4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank A/S (LTS:0JH4) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SPNO:Denmark 0SR:Germany

Address

Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100

Website

https://www.sparnord.com

Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

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