ASOvings & Loans (NSA:ASOSAVINGS) Debt-to-Equity: -0.02 (As of Dec. 2024)


NSA:ASOSAVINGS ASO Savings & Loans PLC NSA:ASOSAVINGS
9 GF Score
Price ₦1.07
GF Value ₦0.98
! 6 Warning Signs
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What is ASOvings & Loans Debt-to-Equity?

ASOvings & Loans NSA:ASOSAVINGS 9 Debt-to-Equity is -0.02 as of Dec. 2024. GuruFocus rates NSA:ASOSAVINGS with a GF Score™ of 9/100 and a GF Value™ of ₦0.98. The stock has 6 warning signs investors should review.

ASOvings & Loans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦0 Mil. ASOvings & Loans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦1,396 Mil. ASOvings & Loans's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₦-62,841 Mil. ASOvings & Loans's debt to equity for the quarter that ended in Dec. 2024 was -0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ASOvings & Loans's Debt-to-Equity or its related term are showing as below:

NSA:ASOSAVINGS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.28   Med: -0.22   Max: -0.02
Current: -0.02

During the past 5 years, the highest Debt-to-Equity Ratio of ASOvings & Loans was -0.02. The lowest was -0.28. And the median was -0.22.

NSA:ASOSAVINGS's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.56 vs NSA:ASOSAVINGS: -0.02

ASOvings & Loans  (NSA:ASOSAVINGS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ASOvings & Loans Debt-to-Equity Related Terms

ASOvings & Loans Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ASOvings & Loans's Debt-to-Equity 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.

ASOvings & Loans Debt-to-Equity Chart

ASOvings & Loans Annual Data
Trend Dec17 Dec18 Dec19 Dec23 Dec24
Debt-to-Equity
-0.28 -0.27 -0.22 -0.03 -0.02

ASOvings & Loans Semi-Annual Data
Dec17 Dec18 Dec19 Dec23 Dec24
Debt-to-Equity -0.28 -0.27 -0.22 -0.03 -0.02

NSA:ASOSAVINGS vs RKT, FNMA, PFSI: Debt-to-Equity Comparison

For the Mortgage Finance subindustry, ASOvings & Loans's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

ASOvings & Loans Debt-to-Equity vs Banks Industry

For the Banks industry and Financial Services sector, ASOvings & Loans's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ASOvings & Loans's Debt-to-Equity falls into.


NSA:ASOSAVINGS
9GF Score
ASO Savings & Loans PLC NSA:ASOSAVINGS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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ASOvings & Loans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASOvings & Loans's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 1396.301) / -62840.572
=-0.02

ASOvings & Loans's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 1396.301) / -62840.572
=-0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.02 mean?
ASOvings & Loans (NSA:ASOSAVINGS) has a Debt-to-Equity of -0.02 as of Dec. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASOvings & Loans and its competitors.
Is ASOvings & Loans' Debt-to-Equity too high?
ASOvings & Loans' current Debt-to-Equity is -0.02. Overall, ASOvings & Loans has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does ASOvings & Loans' Debt-to-Equity compare to RKT and FNMA?
ASOvings & Loans' Debt-to-Equity of -0.02 can be compared against companies in the Banks industry. The industry median Debt-to-Equity is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.56, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASOvings & Loans and its competitors. For the Banks industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASOvings & Loans's current Debt-to-Equity is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASOvings & Loans stock overvalued right now?
ASOvings & Loans (NSA:ASOSAVINGS) has a current Debt-to-Equity of -0.02. The stock's GF Value™ is ₦0.98, compared to a current price of ₦1.07 — trading 9.2% above its estimated fair value. The current Debt-to-Equity is -0.02. ASOvings & Loans' overall GF Score™ is 9/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ASOvings & Loans (NSA:ASOSAVINGS), the current Debt-to-Equity is -0.02 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASOvings & Loans (NSA:ASOSAVINGS) Overvalued in 2026?

Based on GuruFocus' analysis, ASOvings & Loans stock appears to be overvalued. The current stock price of ₦1.07 is trading 9.2% above its estimated GF Value™ of ₦0.98.

Key valuation signals for NSA:ASOSAVINGS:

  • Debt-to-Equity: -0.02
  • GF Value™: ₦0.98 vs. price of ₦1.07 (9.2% above fair value)
  • GF Score™: 9/100 with 6 warning signs

No single metric tells the full story. See the NSA:ASOSAVINGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ASOvings & Loans Business Description

Address Plot 266 Cadastral Zone AO, FMBN Building, Central Business District, Abuja, NGA
ASO Savings & Loans PLC is a Primary Mortgage Institution. The company provides several personal banking products & services, including Social Mortgage, ASO Commercial Mortgage Facility, ASO Performance Bond/Advance Payment Guarantee, Invoice Discounting Facility, Fixed Deposit Account, Regular Savings Account, Flourish Account (Children's Account), ASO Corporate Account, My House Account, ASO Plus Account (Saving Account), ASO Gap Account, ASO Excel Account (Hybrid of Current & Savings account), Commercial Real Estate Advisory, Issuance of Bonds, Issuance of Bank Guarantees, Mortgage Funds Management, and Financial Advisory and Consulting Services.
9GF Score

Get the complete analysis for NSA:ASOSAVINGS

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦1.07
Price
₦0.98
GF Value