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Sparebanken More (OSL:MORG) Equity-to-Asset : 0.09 (As of Mar. 2024)


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What is Sparebanken More Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sparebanken More's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr9,173 Mil. Sparebanken More's Total Assets for the quarter that ended in Mar. 2024 was kr99,372 Mil. Therefore, Sparebanken More's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.09.

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

OSL:MORG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.09
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Sparebanken More was 0.09. The lowest was 0.08. And the median was 0.09.

OSL:MORG's Equity-to-Asset is ranked better than
50.2% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs OSL:MORG: 0.09

Sparebanken More Equity-to-Asset Historical Data

The historical data trend for Sparebanken More'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.

Sparebanken More Equity-to-Asset Chart

Sparebanken More Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.09 0.09 0.09

Sparebanken More Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 0.09 0.09 0.09

Competitive Comparison of Sparebanken More's Equity-to-Asset

For the Banks - Regional subindustry, Sparebanken More'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.


Sparebanken More's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Sparebanken More's Equity-to-Asset falls into.



Sparebanken More 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.

Sparebanken More's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8680/96735
=0.09

Sparebanken More's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=9173/99372
=0.09

* 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.


Sparebanken More  (OSL:MORG) 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%.


Sparebanken More Equity-to-Asset Related Terms

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


Sparebanken More (OSL:MORG) Business Description

Traded in Other Exchanges
Address
Kipervikgata 6, Ålesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

Sparebanken More (OSL:MORG) Headlines

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