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Laan & Spar Bank ASOCSE:LASP +0.36%51 Debt-to-Equity is 0.35 as of Mar. 2026, which is 192% above its 10-year median of 0.12. GuruFocus rates OCSE:LASP with a GF Score™ of 51/100 and a GF Value™ of kr823.19 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,422 Banks companies, Laan & Spar Bank AS ranks better than 64.63% on this metric.
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 Laan & Spar Bank AS's Debt-to-Equity or its related term are showing as below:
OCSE:LASP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.12 Max: 0.35
Current: 0.35
During the past 13 years, the highest Debt-to-Equity Ratio of Laan & Spar Bank AS was 0.35. The lowest was 0.05. And the median was 0.12.
OCSE:LASP's Debt-to-Equity is ranked better than 64.63% of 1422
companies
in the Banks industry
Industry Median: 0.575
vs OCSE:LASP: 0.35
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.
Laan & Spar Bank AS Debt-to-Equity Related Terms
Laan & Spar Bank AS Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Laan & Spar Bank AS'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.
Laan & Spar Bank AS Debt-to-Equity Competitor Comparison
For the Banks - Regional subindustry, Laan & Spar Bank AS'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.
Laan & Spar Bank AS Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Laan & Spar Bank AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Laan & Spar Bank AS's Debt-to-Equity falls into.
* 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.
Laan & Spar Bank AS (OCSE:LASP) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Laan & Spar Bank AS and its competitors. This is 192% above median its historical median of 0.12. Over the past decade, Laan & Spar Bank AS's Debt-to-Equity has ranged from 0.05 to 0.35. According to the industry distribution chart, Laan & Spar Bank AS ranks #503 out of 1422 companies in the Banks industry, placing it in the top 35.4%.
Is Laan & Spar Bank AS's Debt-to-Equity too high?
Laan & Spar Bank AS's current Debt-to-Equity of 0.35 is 192% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.35. The Banks industry median Debt-to-Equity is 0.58. Laan & Spar Bank AS's value of 0.35 is 39.1% below this industry median. Based on the distribution chart, Laan & Spar Bank AS ranks #503 out of 1422 companies in the Banks industry, which is above the industry midpoint. Overall, Laan & Spar Bank AS has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laan & Spar Bank AS's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Laan & Spar Bank AS ranks #503 out of 1422 companies for Debt-to-Equity. This puts Laan & Spar Bank AS in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Laan & Spar Bank AS's value of 0.35 is 39.1% below this benchmark. Historically, Laan & Spar Bank AS's own Debt-to-Equity has ranged from 0.05 to 0.35 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.58, Laan & Spar Bank AS has consistently been below the industry average. 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 0.58, based on 1,422 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. Laan & Spar Bank AS's current Debt-to-Equity of 0.35 is 39.1% below the industry median. 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 Laan & Spar Bank AS and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laan & Spar Bank AS's current Debt-to-Equity is 0.35, which is 192% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laan & Spar Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Laan & Spar Bank AS (OCSE:LASP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr823.19, compared to a current price of kr1,395.00 — trading 69.5% above its estimated fair value. The current Debt-to-Equity is 0.35, which is 192% above median its 10-year median of 0.12 and 39.1% below the Banks industry median of 0.58. Laan & Spar Bank AS's overall GF Score™ is 51/100 with 2 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 Laan & Spar Bank AS (OCSE:LASP), the current Debt-to-Equity is 0.35 as of Mar. 2026. 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 Laan & Spar Bank AS (OCSE:LASP) Overvalued in 2026?
Based on GuruFocus' analysis, Laan & Spar Bank AS stock appears to be overvalued.
The current stock price of kr1,395.00 is trading 69.5% above its estimated GF Value™ of kr823.19.
GuruFocus considers Laan & Spar Bank AS to be Significantly Overvalued.
Key valuation signals for OCSE:LASP:
Debt-to-Equity: 0.35 (192% above median its 10-year median of 0.12)
GF Value™: kr823.19 vs. price of kr1,395.00 (69.5% above fair value)
Industry Position: 39.1% below the Banks median (#503 of 1422)
No single metric tells the full story. See the OCSE:LASP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laan & Spar Bank AS is a bank. It is engaged in the operation of specialty banking services for household customers. The company offers deposits, car and housing loans, business loans, and mortgages; and cards. It also provides investment, and pension and insurance services; and Internet banking and payment services.
51GF Score
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