SpareBank 1 Helgeland (OSL:HELG) Debt-to-Equity : 1.45 (As of Mar. 2024)

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What is SpareBank 1 Helgeland Debt-to-Equity?

SpareBank 1 Helgeland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. SpareBank 1 Helgeland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr6,997 Mil. SpareBank 1 Helgeland's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr4,830 Mil. SpareBank 1 Helgeland's debt to equity for the quarter that ended in Mar. 2024 was 1.45.

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 SpareBank 1 Helgeland's Debt-to-Equity or its related term are showing as below:

OSL:HELG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.35 Med: 3.36 Max: 4.95
Current: 1.45

During the past 13 years, the highest Debt-to-Equity Ratio of SpareBank 1 Helgeland was 4.95. The lowest was 1.35. And the median was 3.36.

OSL:HELG's Debt-to-Equity is ranked worse than
76.35% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs OSL:HELG: 1.45

SpareBank 1 Helgeland Debt-to-Equity Historical Data

The historical data trend for SpareBank 1 Helgeland'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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SpareBank 1 Helgeland Debt-to-Equity Chart

SpareBank 1 Helgeland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.18

2.73

2.39

1.68

1.35

SpareBank 1 Helgeland Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.61	1.44	1.36	1.35	1.45

Competitive Comparison of SpareBank 1 Helgeland's Debt-to-Equity

For the Banks - Regional subindustry, SpareBank 1 Helgeland'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.

SpareBank 1 Helgeland's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Helgeland's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Helgeland's Debt-to-Equity falls into.

SpareBank 1 Helgeland Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SpareBank 1 Helgeland's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	6802)	/	5051
	=	1.35

SpareBank 1 Helgeland's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	6997)	/	4830
	=	1.45

SpareBank 1 Helgeland (OSL:HELG) 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.

SpareBank 1 Helgeland Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Helgeland's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SpareBank 1 Helgeland (OSL:HELG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Helgeland (OSL:HELG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jernbanegata 15, Mo i Rana, NOR, 8622

Website

https://www.sbh.no

SpareBank 1 Helgeland is a regional bank engaged in providing banking and financial services. It offers savings products, payment services, credit cards, saving accounts, placement services, loans, insurance, shares, and currencies, as well as an online banking facility. The bank's operations are divided into two segments: Retail Market (RM) and Corporate Market (CM). The company serves creditors, customers, employees, management, and society in general. Geographically, all the operations of the bank are carried out from Helgeland.

SpareBank 1 Helgeland (OSL:HELG) Headlines

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