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Nordea Bank Abp (Nordea Bank Abp) Equity-to-Asset : 0.05 (As of Mar. 2024)


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What is Nordea Bank Abp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nordea Bank Abp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $31,407 Mil. Nordea Bank Abp's Total Assets for the quarter that ended in Mar. 2024 was $657,504 Mil. Therefore, Nordea Bank Abp's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.05.

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

NBNKF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Nordea Bank Abp was 0.06. The lowest was 0.04. And the median was 0.05.

NBNKF's Equity-to-Asset is ranked worse than
89.56% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs NBNKF: 0.05

Nordea Bank Abp Equity-to-Asset Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Equity-to-Asset Chart

Nordea Bank Abp 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 0.06 0.06 0.06 0.05 0.05

Nordea Bank Abp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Nordea Bank Abp's Equity-to-Asset

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Nordea Bank Abp's Equity-to-Asset falls into.



Nordea Bank Abp 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.

Nordea Bank Abp'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
=34051.254/637624.864
=0.05

Nordea Bank Abp's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=31406.522/657504.348
=0.05

* 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.


Nordea Bank Abp  (OTCPK:NBNKF) 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%.


Nordea Bank Abp Equity-to-Asset Related Terms

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Nordea Bank Abp (Nordea Bank Abp) Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.