Spar Nord Bank AS (LTS:0JH4) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Spar Nord Bank AS LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Spar Nord Bank AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Spar Nord Bank AS's long-term debt to total assets ratio declined from Dec. 2023 (0.08) to Dec. 2024 (0.08). It may suggest that Spar Nord Bank AS is progressively becoming less dependent on debt to grow their business.

Spar Nord Bank AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Spar Nord Bank AS's LT-Debt-to-Total-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.

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Spar Nord Bank AS LT-Debt-to-Total-Asset Chart

Spar Nord Bank AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.06

0.08

Spar Nord Bank AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.09	0.08	0.08	0.08

Spar Nord Bank AS LT-Debt-to-Total-Asset Calculation

Spar Nord Bank AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	10894	/	143785
	=	0.08

Spar Nord Bank AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	10894	/	143785
	=	0.08

Spar Nord Bank AS (LTS:0JH4) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Spar Nord Bank AS LT-Debt-to-Total-Asset Related Terms

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Spar Nord Bank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank AS (LTS:0JH4) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SPNOc:UK SPNO:Denmark 0SR:Germany

Address

Skelagervej 15, Aalborg, DNK, 9100

Website

https://www.sparnord.com

Spar Nord Bank AS is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's pioneers emphasizes personalization and financial technology. Almost all of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, notably financial services, real estate, trade, and agriculture, hunting, and forestry.

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