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Storebrand ASA (Storebrand ASA) Debt-to-Asset : 0.06 (As of Mar. 2024)


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What is Storebrand ASA Debt-to-Asset?

Storebrand ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Storebrand ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,960 Mil. Storebrand ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $90,978 Mil. Storebrand ASA's debt to asset for the quarter that ended in Mar. 2024 was 0.05.


Storebrand ASA Debt-to-Asset Historical Data

The historical data trend for Storebrand ASA'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.

Storebrand ASA Debt-to-Asset Chart

Storebrand ASA 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 0.04 0.05 0.05 0.06 0.06

Storebrand ASA 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 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of Storebrand ASA's Debt-to-Asset

For the Financial Conglomerates subindustry, Storebrand ASA'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.


Storebrand ASA's Debt-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Debt-to-Asset distribution charts can be found below:

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



Storebrand ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Storebrand ASA'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 + 4970.804) / 85022.845
=0.06

Storebrand ASA'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 + 4959.81) / 90977.752
=0.05

* 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.


Storebrand ASA  (OTCPK:SREDF) 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.


Storebrand ASA Debt-to-Asset Related Terms

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Storebrand ASA (Storebrand ASA) Business Description

Traded in Other Exchanges
Address
Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Storebrand ASA (Storebrand ASA) Headlines

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