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Sparebanken Vest AS (OSL:SVEG) Debt-to-Equity : 6.70 (As of Mar. 2024)


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What is Sparebanken Vest AS Debt-to-Equity?

Sparebanken Vest AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Sparebanken Vest AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr153,219 Mil. Sparebanken Vest AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr22,868 Mil. Sparebanken Vest AS's debt to equity for the quarter that ended in Mar. 2024 was 6.70.

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 Sparebanken Vest AS's Debt-to-Equity or its related term are showing as below:

OSL:SVEG' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.47   Med: 6.06   Max: 7.82
Current: 6.7

During the past 13 years, the highest Debt-to-Equity Ratio of Sparebanken Vest AS was 7.82. The lowest was 3.47. And the median was 6.06.

OSL:SVEG's Debt-to-Equity is ranked worse than
97.56% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs OSL:SVEG: 6.70

Sparebanken Vest AS Debt-to-Equity Historical Data

The historical data trend for Sparebanken Vest AS'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.

Sparebanken Vest AS Debt-to-Equity Chart

Sparebanken Vest AS 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 3.47 4.28 4.59 4.69 5.47

Sparebanken Vest AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.31 5.23 6.06 5.47 6.70

Competitive Comparison of Sparebanken Vest AS's Debt-to-Equity

For the Banks - Regional subindustry, Sparebanken Vest AS'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.


Sparebanken Vest AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken Vest AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sparebanken Vest AS's Debt-to-Equity falls into.



Sparebanken Vest AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sparebanken Vest AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sparebanken Vest AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Sparebanken Vest AS  (OSL:SVEG) 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.


Sparebanken Vest AS Debt-to-Equity Related Terms

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Sparebanken Vest AS (OSL:SVEG) Business Description

Traded in Other Exchanges
Address
Jonsvollsgaten 2, Bergen, NOR, NO-5011
Sparebanken Vest AS is a financial services company engaged in providing banking and financial services to private and corporate sectors. The company's operating segments are the Corporate Market (CM), the Retail Market (RM), Bulder Bank, Treasury, and Estate Agency activities in which its Retail market segment generates the majority of its revenue.

Sparebanken Vest AS (OSL:SVEG) Headlines

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