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DNB Bank ASA (OSL:DNB) Debt-to-Equity

: 3.54 (As of Dec. 2023)
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DNB Bank ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr422,729 Mil. DNB Bank ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr529,638 Mil. DNB Bank ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr269,128 Mil. DNB Bank ASA's debt to equity for the quarter that ended in Dec. 2023 was 3.54.

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 DNB Bank ASA's Debt-to-Equity or its related term are showing as below:

OSL:DNB' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.2   Med: 3.74   Max: 5.33
Current: 3.54

During the past 13 years, the highest Debt-to-Equity Ratio of DNB Bank ASA was 5.33. The lowest was 3.20. And the median was 3.74.

OSL:DNB's Debt-to-Equity is ranked worse than
93.69% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs OSL:DNB: 3.54

DNB Bank ASA Debt-to-Equity Historical Data

The historical data trend for DNB Bank ASA'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.

* Premium members only.

DNB Bank ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 3.32 3.20 3.36 3.54

DNB Bank ASA 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 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 3.36 3.46 3.60 3.53 3.54

Competitive Comparison

For the Banks - Regional subindustry, DNB Bank ASA'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.


DNB Bank ASA Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, DNB Bank ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DNB Bank ASA's Debt-to-Equity falls into.



DNB Bank ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DNB Bank ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

DNB Bank ASA's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


DNB Bank ASA  (OSL:DNB) 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.


DNB Bank ASA Debt-to-Equity Related Terms

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


DNB Bank ASA (OSL:DNB) Business Description

Address
Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191
DNB Bank ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.