Swedbank AB (OSTO:SWED A) Debt-to-Asset : 0.32 (As of Sep. 2024)

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What is Swedbank AB Debt-to-Asset?

Swedbank AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0 Mil. Swedbank AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr1,013,634 Mil. Swedbank AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was kr3,134,045 Mil. Swedbank AB's debt to asset for the quarter that ended in Sep. 2024 was 0.32.

Swedbank AB Debt-to-Asset Historical Data

The historical data trend for Swedbank AB'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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Swedbank AB Debt-to-Asset Chart

Swedbank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.38

0.30

0.29

0.31

Swedbank AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.31	0.32	0.32	0.32

Competitive Comparison of Swedbank AB's Debt-to-Asset

For the Banks - Regional subindustry, Swedbank AB'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.

Swedbank AB's Debt-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Swedbank AB's Debt-to-Asset falls into.

Swedbank AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Swedbank AB'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	+	873363)	/	2855519
	=	0.31

Swedbank AB's Debt-to-Asset for the quarter that ended in Sep. 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	+	1013634)	/	3134045
	=	0.32

Swedbank AB (OSTO:SWED A) 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.

Swedbank AB Debt-to-Asset Related Terms

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Swedbank AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (OSTO:SWED A) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SWDBY:USA SWDBF:USA 0H6T:UK SWEDAs:UK FRYA:Germany

Address

Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63

Website

https://www.swedbank.com

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

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