Sparebanken Sor (OSL:SOR) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Sparebanken Sor 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. Sparebanken Sor's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.43.

Sparebanken Sor's long-term debt to total assets ratio increased from Dec. 2023 (0.42) to Dec. 2024 (0.43). It may suggest that Sparebanken Sor is progressively becoming more dependent on debt to grow their business.

Sparebanken Sor LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sparebanken Sor'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.

* Premium members only.

Sparebanken Sor LT-Debt-to-Total-Asset Chart

Sparebanken Sor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.43

0.44

0.42

0.43

Sparebanken Sor 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															0.42	0.41	0.42	0.43	0.43

Sparebanken Sor LT-Debt-to-Total-Asset Calculation

Sparebanken Sor'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 )
	=	76578	/	176509
	=	0.43

Sparebanken Sor'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 )
	=	76578	/	176509
	=	0.43

Sparebanken Sor (OSL:SOR) 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.

Sparebanken Sor LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sparebanken Sor's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sparebanken Sor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebanken Sor (OSL:SOR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SORo:UK 0FN3:UK PB4:Germany

Address

4662 Kristiansand, Postboks 200, Kristiansand, NOR

Website

https://www.sor.no

Sparebanken Sor is a financial institution engaged in banking, securities trading and real estate brokerage activities in the counties Agder, Rogaland, Telemark and Vestfoldg. The company's operating business segments are the Retail Market and Corporate Market segments. Retail market, including loans transferred to Sparebanken Sor Boligkreditt AS. Corporate market, including loans transferred to Sparebanken Sor Boligkreditt AS.