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Fynske Bank A/S (OCSE:FYNBK) Debt-to-Equity : 0.14 (As of Dec. 2023)


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What is Fynske Bank A/S Debt-to-Equity?

Fynske Bank A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil. Fynske Bank A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr189.6 Mil. Fynske Bank A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr1,358.9 Mil. Fynske Bank A/S's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 Fynske Bank A/S's Debt-to-Equity or its related term are showing as below:

OCSE:FYNBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.15
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Fynske Bank A/S was 0.15. The lowest was 0.12. And the median was 0.14.

OCSE:FYNBK's Debt-to-Equity is ranked better than
87.8% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs OCSE:FYNBK: 0.14

Fynske Bank A/S Debt-to-Equity Historical Data

The historical data trend for Fynske Bank A/S'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.

* Premium members only.

Fynske Bank A/S Debt-to-Equity Chart

Fynske Bank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.13 0.15 0.14 0.14

Fynske Bank A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.14 - - - 0.14

Competitive Comparison of Fynske Bank A/S's Debt-to-Equity

For the Banks - Regional subindustry, Fynske Bank A/S'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.


Fynske Bank A/S's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fynske Bank A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fynske Bank A/S's Debt-to-Equity falls into.



Fynske Bank A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fynske Bank A/S's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fynske Bank A/S's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Fynske Bank A/S  (OCSE:FYNBK) 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.


Fynske Bank A/S Debt-to-Equity Related Terms

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Fynske Bank A/S (OCSE:FYNBK) Business Description

Traded in Other Exchanges
N/A
Address
Centrumpladsen 19, Svendborg, DNK, 5700
Fynske Bank A/S is a bank and financial service provider. Its activities are ordinary banking,consisting of deposits, loans, guarantees, securities trading and currency as well as advice regarding financing, retirement, investment and housing trade. It offers financing, insurance, pension products, investment and asset management services to retail customer market and to small and medium-sized businesses.

Fynske Bank A/S (OCSE:FYNBK) Headlines

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