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Rogaland Sparebank (OSL:ROGS) Equity-to-Asset : 0.11 (As of Sep. 2024)


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What is Rogaland Sparebank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rogaland Sparebank's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr4,178.2 Mil. Rogaland Sparebank's Total Assets for the quarter that ended in Sep. 2024 was kr39,186.0 Mil. Therefore, Rogaland Sparebank's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.11.

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

OSL:ROGS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.1   Max: 0.11
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Rogaland Sparebank was 0.11. The lowest was 0.07. And the median was 0.10.

OSL:ROGS's Equity-to-Asset is ranked better than
66.08% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs OSL:ROGS: 0.11

Rogaland Sparebank Equity-to-Asset Historical Data

The historical data trend for Rogaland 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.

Rogaland Sparebank Equity-to-Asset Chart

Rogaland Sparebank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.11 0.11 0.11

Rogaland Sparebank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.10 0.11 0.11 0.10 0.11

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

For the Banks - Regional subindustry, Rogaland 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.


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

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

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



Rogaland 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.

Rogaland Sparebank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3621.904/34415.046
=0.11

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

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=4178.242/39185.965
=0.11

* 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.


Rogaland Sparebank  (OSL:ROGS) 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%.


Rogaland Sparebank Equity-to-Asset Related Terms

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


Rogaland Sparebank Business Description

Traded in Other Exchanges
Address
Postboks 1133, Sandnes, NOR, 4391
Rogaland Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. The services provided by the company include daily banking, Insurance, loans, Savings, pensions, and others.

Rogaland Sparebank Headlines

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