SP Group Balance Sheet Health
Financial Health criteria checks 5/6
SP Group has a total shareholder equity of DKK1.5B and total debt of DKK699.0M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are DKK3.1B and DKK1.5B respectively. SP Group's EBIT is DKK261.0M making its interest coverage ratio 5.9. It has cash and short-term investments of DKK58.2M.
Key information
45.5%
Debt to equity ratio
DKK 699.03m
Debt
Interest coverage ratio | 5.9x |
Cash | DKK 58.22m |
Equity | DKK 1.54b |
Total liabilities | DKK 1.54b |
Total assets | DKK 3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1PU2's short term assets (DKK1.3B) exceed its short term liabilities (DKK843.4M).
Long Term Liabilities: 1PU2's short term assets (DKK1.3B) exceed its long term liabilities (DKK699.0M).
Debt to Equity History and Analysis
Debt Level: 1PU2's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 1PU2's debt to equity ratio has reduced from 62.5% to 45.5% over the past 5 years.
Debt Coverage: 1PU2's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 1PU2's interest payments on its debt are well covered by EBIT (5.9x coverage).