GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Haugesund Sparebank ASA (OSL:HGSB) » Definitions » Liabilities-to-Assets

Haugesund Sparebank ASA (OSL:HGSB) Liabilities-to-Assets : 0.87 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Haugesund Sparebank ASA Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Haugesund Sparebank ASA's Total Liabilities for the quarter that ended in Dec. 2024 was kr13,976.4 Mil. Haugesund Sparebank ASA's Total Assets for the quarter that ended in Dec. 2024 was kr16,063.5 Mil. Therefore, Haugesund Sparebank ASA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.87.


Haugesund Sparebank ASA Liabilities-to-Assets Historical Data

The historical data trend for Haugesund Sparebank ASA's Liabilities-to-Assets 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.

Haugesund Sparebank ASA Liabilities-to-Assets Chart

Haugesund Sparebank ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
0.87 0.87 0.87 0.87

Haugesund Sparebank ASA Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial - 0.87 0.87 0.87 0.87

Competitive Comparison of Haugesund Sparebank ASA's Liabilities-to-Assets

For the Banks - Regional subindustry, Haugesund Sparebank ASA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Haugesund Sparebank ASA's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haugesund Sparebank ASA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Haugesund Sparebank ASA's Liabilities-to-Assets falls into.


;
;

Haugesund Sparebank ASA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Haugesund Sparebank ASA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=13976.426/16063.495
=0.87

Haugesund Sparebank ASA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=13976.426/16063.495
=0.87

* 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.


Haugesund Sparebank ASA  (OSL:HGSB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Haugesund Sparebank ASA Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Haugesund Sparebank ASA's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Haugesund Sparebank ASA Business Description

Traded in Other Exchanges
N/A
Address
Haraldsgata 115, Haugesund, NOR, 5527
Haugesund Sparebank ASA is a local and independent savings bank in Norway with core business in banking. It also has strategic investments in product companies within insurance, leasing and securities trading.

Haugesund Sparebank ASA Headlines

No Headlines