TF Bank AB (OSTO:TFBANK) Debt-to-Asset : 0.01 (As of Mar. 2024)

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What is TF Bank AB Debt-to-Asset?

TF Bank AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. TF Bank AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr347 Mil. TF Bank AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr24,071 Mil. TF Bank AB's debt to asset for the quarter that ended in Mar. 2024 was 0.01.

TF Bank AB Debt-to-Asset Historical Data

The historical data trend for TF Bank 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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TF Bank AB Debt-to-Asset Chart

TF Bank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.03

0.02

TF Bank AB 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															0.02	0.02	0.02	0.02	0.01

Competitive Comparison of TF Bank AB's Debt-to-Asset

For the Banks - Regional subindustry, TF Bank 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.

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

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

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

TF Bank AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TF Bank 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	+	505.763)	/	23946.758
	=	0.02

TF Bank AB'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	+	347.213)	/	24070.51
	=	0.01

TF Bank AB (OSTO:TFBANK) 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.

TF Bank AB Debt-to-Asset Related Terms

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TF Bank AB (OSTO:TFBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TF Bank AB (OSTO:TFBANK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

6TF:Germany

Address

Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110

Website

https://www.tfbankgroup.com

TF Bank AB is an internet-based niche bank which offers consumer banking services and Ecommerce Solutions through a proprietary IT platform with a high degree of automation. It is engaged in deposit and lending operations for private individuals in Sweden and Finland, as well as cross-border lending operations in Norway, Denmark, Estonia, Latvia, and Poland. The company operates through three segments Consumer Lending, Ecommerce Solutions, and Credit Cards.

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