Norion Bank AB (OSTO:NORION) Debt-to-Revenue : 0.34 (As of Mar. 2024)

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What is Norion Bank AB Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Norion Bank AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Norion Bank AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,249 Mil. Norion Bank AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr3,728 Mil. Norion Bank AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Norion Bank AB Debt-to-Revenue Historical Data

The historical data trend for Norion Bank AB's Debt-to-Revenue 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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Norion Bank AB Debt-to-Revenue Chart

Norion Bank AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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1.87

0.57

2.17

1.08

0.37

Norion Bank AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial															0.92	0.74	0.51	0.36	0.34

Competitive Comparison of Norion Bank AB's Debt-to-Revenue

For the Banks - Regional subindustry, Norion Bank AB's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Norion Bank AB's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Norion Bank AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norion Bank AB's Debt-to-Revenue falls into.

Norion Bank AB Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Norion Bank AB's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	1357)	/	3648
	=	0.37

Norion Bank AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	1249)	/	3728
	=	0.34

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Norion Bank AB Debt-to-Revenue Related Terms

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Norion Bank AB (OSTO:NORION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Norion Bank AB (OSTO:NORION) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lilla Bommens Torg 11, Goteborg, SWE, 411 04

Website

https://www.collector.se

Norion Bank AB, formerly Collector Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.

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