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SpareBank 1 Sor Norge ASA (OSL:SB1NO) Equity-to-Asset : 0.11 (As of Dec. 2024)


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What is SpareBank 1 Sor Norge ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SpareBank 1 Sor Norge ASA's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr52,637 Mil. SpareBank 1 Sor Norge ASA's Total Assets for the quarter that ended in Dec. 2024 was kr479,336 Mil. Therefore, SpareBank 1 Sor Norge ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.11.

The historical rank and industry rank for SpareBank 1 Sor Norge ASA's Equity-to-Asset or its related term are showing as below:

OSL:SB1NO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.11
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of SpareBank 1 Sor Norge ASA was 0.11. The lowest was 0.08. And the median was 0.09.

OSL:SB1NO's Equity-to-Asset is ranked better than
66.31% of 1579 companies
in the Banks industry
Industry Median: 0.1 vs OSL:SB1NO: 0.11

SpareBank 1 Sor Norge ASA Equity-to-Asset Historical Data

The historical data trend for SpareBank 1 Sor Norge ASA'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.

SpareBank 1 Sor Norge ASA Equity-to-Asset Chart

SpareBank 1 Sor Norge ASA 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 0.09 0.09 0.08 0.09 0.11

SpareBank 1 Sor Norge ASA 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 0.09 0.09 0.09 0.10 0.11

Competitive Comparison of SpareBank 1 Sor Norge ASA's Equity-to-Asset

For the Banks - Regional subindustry, SpareBank 1 Sor Norge ASA'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.


SpareBank 1 Sor Norge ASA's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Equity-to-Asset falls into.


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SpareBank 1 Sor Norge ASA 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.

SpareBank 1 Sor Norge ASA'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
=52637/479336
=0.11

SpareBank 1 Sor Norge ASA'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
=52637/479336
=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.


SpareBank 1 Sor Norge ASA  (OSL:SB1NO) 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%.


SpareBank 1 Sor Norge ASA Equity-to-Asset Related Terms

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SpareBank 1 Sor Norge ASA Business Description

Traded in Other Exchanges
Address
Christen Tranesgate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, including investment services, leasing, estate agency, and accounting services. The company's reportable segments are Retail market, which generates maximum revenue, Corporate market, SME and agriculture, and Other.

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