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Bien Sparebank ASA (OSL:BIEN) Equity-to-Asset : 0.13 (As of Sep. 2023)


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What is Bien Sparebank ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bien Sparebank ASA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr671.4 Mil. Bien Sparebank ASA's Total Assets for the quarter that ended in Sep. 2023 was kr5,011.4 Mil. Therefore, Bien Sparebank ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.13.

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

OSL:BIEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.13
Current: 0.13

During the past 4 years, the highest Equity to Asset Ratio of Bien Sparebank ASA was 0.13. The lowest was 0.09. And the median was 0.12.

OSL:BIEN's Equity-to-Asset is ranked better than
80.72% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs OSL:BIEN: 0.13

Bien Sparebank ASA Equity-to-Asset Historical Data

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

Bien Sparebank ASA Equity-to-Asset Chart

Bien Sparebank ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.09 0.10 0.11 0.13

Bien Sparebank ASA Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.13 0.13 0.13

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

For the Banks - Regional subindustry, Bien Sparebank ASA's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Banks Industry

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

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



Bien Sparebank ASA Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=652.26/4959.969
=0.13

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=671.388/5011.356
=0.13

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Bien Sparebank ASA Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Bien Sparebank ASA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bien Sparebank ASA (OSL:BIEN) Business Description

Traded in Other Exchanges
N/A
Address
Dronning Mauds gate 11, Oslo, NOR, 0250
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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