GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank A/S (LTS:0RPR) » Definitions » Debt-to-Asset

Ringkjoebing Landbobank A/S (LTS:0RPR) Debt-to-Asset : 0.12 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Ringkjoebing Landbobank A/S Debt-to-Asset?

Ringkjoebing Landbobank A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Ringkjoebing Landbobank A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr9,129 Mil. Ringkjoebing Landbobank A/S's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr73,438 Mil. Ringkjoebing Landbobank A/S's debt to asset for the quarter that ended in Mar. 2024 was 0.12.


Ringkjoebing Landbobank A/S Debt-to-Asset Historical Data

The historical data trend for Ringkjoebing Landbobank A/S's Debt-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.

Ringkjoebing Landbobank A/S Debt-to-Asset Chart

Ringkjoebing Landbobank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.12 0.14 0.13

Ringkjoebing Landbobank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-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 0.15 0.13 0.13 0.13 0.12

Competitive Comparison of Ringkjoebing Landbobank A/S's Debt-to-Asset

For the Banks - Regional subindustry, Ringkjoebing Landbobank A/S's Debt-to-Asset, along with its competitors' market caps and Debt-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.


Ringkjoebing Landbobank A/S's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ringkjoebing Landbobank A/S's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ringkjoebing Landbobank A/S's Debt-to-Asset falls into.



Ringkjoebing Landbobank A/S Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ringkjoebing Landbobank A/S's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 9312.775) / 73519.64
=0.13

Ringkjoebing Landbobank A/S's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 9129.352) / 73437.977
=0.12

* 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.


Ringkjoebing Landbobank A/S  (LTS:0RPR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Ringkjoebing Landbobank A/S Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Ringkjoebing Landbobank A/S's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ringkjoebing Landbobank A/S (LTS:0RPR) Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.

Ringkjoebing Landbobank A/S (LTS:0RPR) Headlines

No Headlines