GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebanken Vest AS (OSL:SVEG) » Definitions » Equity-to-Asset

Sparebanken Vest AS (OSL:SVEG) Equity-to-Asset : 0.07 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Sparebanken Vest AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sparebanken Vest AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr22,868 Mil. Sparebanken Vest AS's Total Assets for the quarter that ended in Mar. 2024 was kr316,522 Mil. Therefore, Sparebanken Vest AS's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.07.

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

OSL:SVEG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.09
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Sparebanken Vest AS was 0.09. The lowest was 0.06. And the median was 0.08.

OSL:SVEG's Equity-to-Asset is ranked worse than
73.38% of 1469 companies
in the Banks industry
Industry Median: 0.09 vs OSL:SVEG: 0.07

Sparebanken Vest AS Equity-to-Asset Historical Data

The historical data trend for Sparebanken Vest AS'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 Vest AS Equity-to-Asset Chart

Sparebanken Vest AS 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 0.08 0.08 0.08 0.08

Sparebanken Vest AS 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 0.08 0.08 0.08 0.08 0.07

Competitive Comparison of Sparebanken Vest AS's Equity-to-Asset

For the Banks - Regional subindustry, Sparebanken Vest AS'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 Vest AS's Equity-to-Asset Distribution in the Banks Industry

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

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



Sparebanken Vest AS 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 Vest AS'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
=23424/306495
=0.08

Sparebanken Vest AS'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
=22868/316522
=0.07

* 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 Vest AS  (OSL:SVEG) 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 Vest AS Equity-to-Asset Related Terms

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


Sparebanken Vest AS (OSL:SVEG) Business Description

Traded in Other Exchanges
Address
Jonsvollsgaten 2, Bergen, NOR, NO-5011
Sparebanken Vest AS is a financial services company engaged in providing banking and financial services to private and corporate sectors. The company's operating segments are the Corporate Market (CM), the Retail Market (RM), Bulder Bank, Treasury, and Estate Agency activities in which its Retail market segment generates the majority of its revenue.

Sparebanken Vest AS (OSL:SVEG) Headlines

No Headlines