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Aurskog Sparebank (OSL:AURG) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)


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What is Aurskog Sparebank 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. Aurskog Sparebank's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Aurskog Sparebank's long-term debt to total assets ratio increased from Dec. 2023 (0.27) to Dec. 2024 (0.28). It may suggest that Aurskog Sparebank is progressively becoming more dependent on debt to grow their business.


Aurskog Sparebank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aurskog Sparebank'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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Aurskog Sparebank LT-Debt-to-Total-Asset Chart

Aurskog Sparebank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.29 0.26 0.27 0.28

Aurskog Sparebank 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 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 0.27 0.28 0.28 0.28 0.28

Aurskog Sparebank LT-Debt-to-Total-Asset Calculation

Aurskog Sparebank'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 )
=5433.074/19194.228
=0.28

Aurskog Sparebank'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 )
=5433.074/19194.228
=0.28

* 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.


Aurskog Sparebank  (OSL:AURG) 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.


Aurskog Sparebank LT-Debt-to-Total-Asset Related Terms

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Aurskog Sparebank Business Description

Traded in Other Exchanges
N/A
Address
Senterveien 15, Aurskog, NOR, 1930
Aurskog Sparebank operates as a local bank. It offers a range of financial services including Daily banking, Loans, Savings, Insurance, Agriculture, and Retirement. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking, and online banking services.

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