GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jaeren Sparebank (OSL:JAREN) » Definitions » Equity-to-Asset

Jaeren Sparebank (OSL:JAREN) Equity-to-Asset : 0.14 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Jaeren Sparebank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jaeren Sparebank's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr2,608.9 Mil. Jaeren Sparebank's Total Assets for the quarter that ended in Dec. 2024 was kr18,852.6 Mil. Therefore, Jaeren Sparebank's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.14.

The historical rank and industry rank for Jaeren Sparebank's Equity-to-Asset or its related term are showing as below:

OSL:JAREN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 0.15
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Jaeren Sparebank was 0.15. The lowest was 0.11. And the median was 0.13.

OSL:JAREN's Equity-to-Asset is ranked better than
83.79% of 1579 companies
in the Banks industry
Industry Median: 0.1 vs OSL:JAREN: 0.14

Jaeren Sparebank Equity-to-Asset Historical Data

The historical data trend for Jaeren Sparebank's Equity-to-Asset 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.

Jaeren Sparebank Equity-to-Asset Chart

Jaeren Sparebank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.14 0.15 0.14

Jaeren Sparebank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset 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 0.15 0.15 0.14 0.14 0.14

Competitive Comparison of Jaeren Sparebank's Equity-to-Asset

For the Banks - Regional subindustry, Jaeren Sparebank's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Jaeren Sparebank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jaeren Sparebank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jaeren Sparebank's Equity-to-Asset falls into.


;
;

Jaeren Sparebank Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Jaeren Sparebank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=2608.882/18852.641
=0.14

Jaeren Sparebank's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=2608.882/18852.641
=0.14

* 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.


Jaeren Sparebank  (OSL:JAREN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Jaeren Sparebank Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Jaeren Sparebank's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Jaeren Sparebank Business Description

Traded in Other Exchanges
N/A
Address
Jaervegen 532, PO Box 53, Kleppe, NOR, 4352
Jaeren Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

Jaeren Sparebank Headlines

No Headlines