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
SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
Jan 27We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt
Oct 20SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
May 12SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet
Jan 21Recent updates
There's Reason For Concern Over SP Group A/S' (CPH:SPG) Massive 25% Price Jump
May 29SP Group (CPH:SPG) Has Announced A Dividend Of DKK3.00
Apr 25Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now
Apr 19SP Group's (CPH:SPG) Dividend Will Be DKK3.00
Apr 04What SP Group A/S' (CPH:SPG) P/E Is Not Telling You
Mar 22SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return
May 29SP Group's (CPH:SPG) Returns Have Hit A Wall
Aug 27SP Group's (CPH:SPG) Returns Have Hit A Wall
May 10SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year
Apr 21SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00
Apr 07Estimating The Fair Value Of SP Group A/S (CPH:SPG)
Feb 28SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
Jan 27Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?
Jan 11We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt
Oct 20Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock
May 29SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
May 12Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up
Apr 20SP Group's (CPH:SPG) Returns Have Hit A Wall
Mar 26Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)
Mar 08The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted
Feb 21SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 05SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet
Jan 21How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?
Jan 07Here's Why We Don't Think SP Group's (CPH:SPG) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 24A Look At SP Group's (CPH:SPG) CEO Remuneration
Dec 10Is SP Group (CPH:SPG) Likely To Turn Things Around?
Nov 27Financial Position Analysis
Short Term Liabilities: SPG's short term assets (DKK1.3B) exceed its short term liabilities (DKK843.4M).
Long Term Liabilities: SPG's short term assets (DKK1.3B) exceed its long term liabilities (DKK699.0M).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: SPG's debt to equity ratio has reduced from 62.5% to 45.5% over the past 5 years.
Debt Coverage: SPG's debt is well covered by operating cash flow (50.3%).
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (5.9x coverage).