Spar Nord Bank AS (OCSE:SPNO) Debt-to-Equity : 0.75 (As of Dec. 2024)

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What is Spar Nord Bank AS Debt-to-Equity?

Spar Nord Bank AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr0 Mil. Spar Nord Bank AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr10,894 Mil. Spar Nord Bank AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr14,628 Mil. Spar Nord Bank AS's debt to equity for the quarter that ended in Dec. 2024 was 0.74.

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 Spar Nord Bank AS's Debt-to-Equity or its related term are showing as below:

OCSE:SPNO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.41 Max: 0.79
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Spar Nord Bank AS was 0.79. The lowest was 0.13. And the median was 0.41.

OCSE:SPNO's Debt-to-Equity is ranked worse than
56.31% of 1481 companies
in the Banks industry
Industry Median: 0.6 vs OCSE:SPNO: 0.75

Spar Nord Bank AS Debt-to-Equity Historical Data

The historical data trend for Spar Nord 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.

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Spar Nord Bank AS Debt-to-Equity Chart

Spar Nord Bank AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.40

0.55

0.64

0.79

0.75

Spar Nord Bank AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.79	0.88	0.79	0.76	0.75

Competitive Comparison of Spar Nord Bank AS's Debt-to-Equity

For the Banks - Regional subindustry, Spar Nord 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.

Spar Nord Bank AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank AS's Debt-to-Equity falls into.

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Spar Nord Bank AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spar Nord Bank AS'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	+	10894)	/	14628
	=	0.74

Spar Nord Bank AS'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	+	10894)	/	14628
	=	0.74

Spar Nord Bank AS (OCSE:SPNO) 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.

Spar Nord Bank AS Debt-to-Equity Related Terms

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Spar Nord Bank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank AS (OCSE:SPNO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SPNOc:UK 0JH4:UK 0SR:Germany

Address

Skelagervej 15, Aalborg, DNK, 9100

Website

https://www.sparnord.com

Spar Nord Bank AS is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's pioneers emphasizes personalization and financial technology. Almost all of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank AS Headlines

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