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Laan & Spar Bank AS has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Laan & Spar Bank AS displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Laan & Spar Bank AS did not have earnings to cover the interest expense.
Laan & Spar Bank AS's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.79.
Altman Z-Score does not apply to banks and insurance companies.
Laan & Spar Bank AS (OCSE:LASP) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Laan & Spar Bank AS has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Laan & Spar Bank AS Financial Strength Related Terms
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
GuruFocus does not calculate Laan & Spar Bank AS's interest coverage with the available data.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Laan & Spar Bank AS has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Laan & Spar Bank AS's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
Laan & Spar Bank AS (OCSE:LASP) has a Financial Strength of 2 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Laan & Spar Bank AS and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Laan & Spar Bank AS's Financial Strength has ranged from 2.00 to 6.00.
Is Laan & Spar Bank AS's Financial Strength too high?
Laan & Spar Bank AS's current Financial Strength of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. Overall, Laan & Spar Bank AS has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laan & Spar Bank AS's Financial Strength compare to competitors?
Laan & Spar Bank AS's Financial Strength of 2 can be compared against companies in the Banks industry. Historically, Laan & Spar Bank AS's own Financial Strength has ranged from 2.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Banks company?
A good Financial Strength depends on the Banks industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Laan & Spar Bank AS and its competitors. Laan & Spar Bank AS's current Financial Strength is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laan & Spar Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Laan & Spar Bank AS (OCSE:LASP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr819.72, compared to a current price of kr1,365.00 — trading 66.5% above its estimated fair value. The current Financial Strength is 2, which is 33% below median its 10-year median of 3.00. Laan & Spar Bank AS's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Laan & Spar Bank AS (OCSE:LASP), the current Financial Strength is 2 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Laan & Spar Bank AS (OCSE:LASP) Overvalued in 2026?
Based on GuruFocus' analysis, Laan & Spar Bank AS stock appears to be overvalued.
The current stock price of kr1,365.00 is trading 66.5% above its estimated GF Value™ of kr819.72.
GuruFocus considers Laan & Spar Bank AS to be Significantly Overvalued.
Key valuation signals for OCSE:LASP:
Financial Strength: 2 (33% below median its 10-year median of 3.00)
GF Value™: kr819.72 vs. price of kr1,365.00 (66.5% above fair value)
No single metric tells the full story. See the OCSE:LASP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laan & Spar Bank AS is a bank. It is engaged in the operation of specialty banking services for household customers. The company offers deposits, car and housing loans, business loans, and mortgages; and cards. It also provides investment, and pension and insurance services; and Internet banking and payment services.
48GF Score
Get the complete analysis for OCSE:LASP
Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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