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TF Bank AB (OSTO:TFBANK) Debt-to-Revenue : 0.16 (As of Mar. 2024)


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What is TF Bank AB Debt-to-Revenue?

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

TF Bank AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. TF Bank AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr347 Mil. TF Bank AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr2,244 Mil. TF Bank AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


TF Bank AB Debt-to-Revenue Historical Data

The historical data trend for TF 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.

* Premium members only.

TF Bank AB Debt-to-Revenue Chart

TF Bank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.24 0.21 0.26

TF 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 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 0.20 0.18 0.16 0.25 0.16

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

For the Banks - Regional subindustry, TF 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.


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

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

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



TF Bank AB Debt-to-Revenue Calculation

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

TF 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 + 505.763) / 1963.082
=0.26

TF 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 + 347.213) / 2244.08
=0.15

* 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.

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.


TF Bank AB Debt-to-Revenue Related Terms

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TF Bank AB (OSTO:TFBANK) Business Description

Traded in Other Exchanges
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
TF Bank AB is an internet-based niche bank which offers consumer banking services and Ecommerce Solutions through a proprietary IT platform with a high degree of automation. It is engaged in deposit and lending operations for private individuals in Sweden and Finland, as well as cross-border lending operations in Norway, Denmark, Estonia, Latvia, and Poland. The company operates through three segments Consumer Lending, Ecommerce Solutions, and Credit Cards.

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