Svenska Handelsbanken AB (Svenska Handelsbanken AB) LT-Debt-to-Total-Asset : 0.44 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Svenska Handelsbanken AB 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. Svenska Handelsbanken AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.44.

Svenska Handelsbanken AB's long-term debt to total assets ratio increased from Mar. 2023 (0.42) to Mar. 2024 (0.44). It may suggest that Svenska Handelsbanken AB is progressively becoming more dependent on debt to grow their business.

Svenska Handelsbanken AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB LT-Debt-to-Total-Asset Chart

Svenska Handelsbanken AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.48

0.45

0.43

0.48

0.52

Svenska Handelsbanken AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.43	0.44	0.52	0.44

Svenska Handelsbanken AB LT-Debt-to-Total-Asset Calculation

Svenska Handelsbanken AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	180480.327	/	344894.712
	=	0.52

Svenska Handelsbanken AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	157712.678	/	360789.527
	=	0.44

Svenska Handelsbanken AB (OTCPK:SVNLY) 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.

Svenska Handelsbanken AB LT-Debt-to-Total-Asset Related Terms

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

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Svenska Handelsbanken AB (OTCPK:SVNLY) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SVNLF:USA SHB B:Sweden SHB A:Sweden SHBA:Mexico SHBAs:UK 0R7R:UK SVHG:Germany

Address

Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70

Website

https://www.handelsbanken.com

Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

From GuruFocus

Q4 2023 Svenska Handelsbanken AB Earnings Call Transcript

By GuruFocus Research • 02-10-2024