Nordea Bank Abp (OCSE:NDA DK) Debt-to-Asset : 0.32 (As of Mar. 2024)

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What is Nordea Bank Abp Debt-to-Asset?

Nordea Bank Abp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Nordea Bank Abp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,460,787 Mil. Nordea Bank Abp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr4,510,348 Mil. Nordea Bank Abp's debt to asset for the quarter that ended in Mar. 2024 was 0.32.

Nordea Bank Abp Debt-to-Asset Historical Data

The historical data trend for Nordea Bank Abp'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.

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Nordea Bank Abp Debt-to-Asset Chart

Nordea Bank Abp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.37

0.33

0.32

0.33

Nordea Bank Abp 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															0.32	0.33	0.32	0.33	0.32

Competitive Comparison of Nordea Bank Abp's Debt-to-Asset

For the Banks - Regional subindustry, Nordea Bank Abp'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.

Nordea Bank Abp's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's Debt-to-Asset falls into.

Nordea Bank Abp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordea Bank Abp'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	+	1423986.232)	/	4358038.418
	=	0.33

Nordea Bank Abp'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	+	1460786.954)	/	4510348.325
	=	0.32

Nordea Bank Abp (OCSE:NDA DK) 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.

Nordea Bank Abp Debt-to-Asset Related Terms

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Nordea Bank Abp (OCSE:NDA DK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nordea Bank Abp (OCSE:NDA DK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NBNKF:USA NRDBY:USA NDA SE:Sweden 1NDA:Italy NDAs:UK 0N4T:UK NDA FI:Finland 04Q:Germany

Address

Hamnbanegatan 5, Helsinki, FIN, FI-00020

Website

https://www.nordea.com

Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

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