SP Group Balance Sheet Health
Financial Health criteria checks 6/6
SP Group has a total shareholder equity of DKK1.6B and total debt of DKK668.2M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are DKK3.1B and DKK1.5B respectively. SP Group's EBIT is DKK364.5M making its interest coverage ratio 7.5. It has cash and short-term investments of DKK81.1M.
Key information
41.4%
Debt to equity ratio
DKK 668.18m
Debt
| Interest coverage ratio | 7.5x |
| Cash | DKK 81.11m |
| Equity | DKK 1.61b |
| Total liabilities | DKK 1.46b |
| Total assets | DKK 3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1PU2's short term assets (DKK1.2B) exceed its short term liabilities (DKK792.4M).
Long Term Liabilities: 1PU2's short term assets (DKK1.2B) exceed its long term liabilities (DKK668.2M).
Debt to Equity History and Analysis
Debt Level: 1PU2's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 1PU2's debt to equity ratio has reduced from 67.6% to 41.4% over the past 5 years.
Debt Coverage: 1PU2's debt is well covered by operating cash flow (70.8%).
Interest Coverage: 1PU2's interest payments on its debt are well covered by EBIT (7.5x coverage).