Lea Bank ASA
Lea Bank AB provides various banking products and services in Norway, Finland, Sweden, Germany, Spain, Austria, and France. It provides savings and deposit accounts; consumer loans, including car, boat, and motorcycle loans, as well as renovation, holiday, and Wedding loans; refinancing; payment insurance products; credit cards loan; and other financial services. Lea Bank AB was incorporated in 2… Read more
Lea Bank ASA (LEA) - Total Assets
Latest total assets as of September 2024: Nkr8.68 Billion NOK
Based on the latest financial reports, Lea Bank ASA (LEA) holds total assets worth Nkr8.68 Billion NOK as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Lea Bank ASA - Total Assets Trend (2020–2023)
This chart illustrates how Lea Bank ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lea Bank ASA - Asset Composition Analysis
Current Asset Composition (December 2023)
Lea Bank ASA's total assets of Nkr8.68 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 5.0% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr41.22 Million | 0.5% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Lea Bank ASA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lea Bank ASA's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2023, up from 3.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 0.5% of total assets.
Lea Bank ASA Competitors by Total Assets
Key competitors of Lea Bank ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Lea Bank ASA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Lea Bank ASA generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Lea Bank ASA generates $ 1.35 in net profit.
Lea Bank ASA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | - | - | |
| Quick Ratio | - | - | |
| Cash Ratio | - | - | |
| Working Capital | Nkr- | - | - |
Lea Bank ASA - Advanced Valuation Insights
This section examines the relationship between Lea Bank ASA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.67 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 6.6% |
| Total Assets | Nkr7.85 Billion |
| Market Capitalization | $47.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Lea Bank ASA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Lea Bank ASA's assets grew by 6.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Lea Bank ASA (2020–2023)
The table below shows the annual total assets of Lea Bank ASA from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr7.85 Billion | +6.60% |
| 2022-12-31 | Nkr7.37 Billion | +3.33% |
| 2021-12-31 | Nkr7.13 Billion | -4.90% |
| 2020-12-31 | Nkr7.50 Billion | -- |