Bien Sparebank ASA (OSL:BIEN) Debt-to-Equity : 1.45 (As of Sep. 2023)

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What is Bien Sparebank ASA Debt-to-Equity?

Bien Sparebank ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.0 Mil. Bien Sparebank ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr972.0 Mil. Bien Sparebank ASA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr671.4 Mil. Bien Sparebank ASA's debt to equity for the quarter that ended in Sep. 2023 was 1.45.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bien Sparebank ASA's Debt-to-Equity or its related term are showing as below:

OSL:BIEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.41 Med: 1.56 Max: 2.82
Current: 1.45

During the past 4 years, the highest Debt-to-Equity Ratio of Bien Sparebank ASA was 2.82. The lowest was 1.41. And the median was 1.56.

OSL:BIEN's Debt-to-Equity is ranked worse than
76.13% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs OSL:BIEN: 1.45

Bien Sparebank ASA Debt-to-Equity Historical Data

The historical data trend for Bien Sparebank ASA's Debt-to-Equity 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.

Bien Sparebank ASA Debt-to-Equity Chart

Bien Sparebank ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

2.82

1.99

1.72

1.41

Bien Sparebank ASA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						1.49	1.41	1.48	1.62	1.45

Competitive Comparison of Bien Sparebank ASA's Debt-to-Equity

For the Banks - Regional subindustry, Bien Sparebank ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bien Sparebank ASA's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bien Sparebank ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bien Sparebank ASA's Debt-to-Equity falls into.

Bien Sparebank ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bien Sparebank ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	922.349)	/	652.26
	=	1.41

Bien Sparebank ASA's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	971.988)	/	671.388
	=	1.45

Bien Sparebank ASA (OSL:BIEN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bien Sparebank ASA Debt-to-Equity Related Terms

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Bien Sparebank ASA (OSL:BIEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bien Sparebank ASA (OSL:BIEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dronning Mauds gate 11, Oslo, NOR, 0250

Website

https://www.bien.no

Bien Sparebank ASA is a independent savings bank. It is a close and accessible bank for individuals and businesses in the Oslo area. The company offers various services namely daily banking, saving, pension, insurance and others.

Bien Sparebank ASA (OSL:BIEN) Headlines

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