SP Group Balance Sheet Health
Financial Health criteria checks 5/6
SP Group has a total shareholder equity of DKK1.7B and total debt of DKK1.0B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are DKK3.2B and DKK1.4B respectively. SP Group's EBIT is DKK356.4M making its interest coverage ratio 6.7. It has cash and short-term investments of DKK152.5M.
Key information
59.03%
Debt to equity ratio
DKK 1.02b
Debt
| Interest coverage ratio | 6.7x |
| Cash | DKK 152.50m |
| Equity | DKK 1.73b |
| Total liabilities | DKK 1.45b |
| Total assets | DKK 3.18b |
Recent financial health updates
SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt
Aug 06
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 20Recent updates
Need To Know: One Analyst Is Much More Bullish On SP Group A/S (CPH:SPG) Revenues
Dec 25Is Now The Time To Look At Buying SP Group A/S (CPH:SPG)?
Jul 12SP Group's (CPH:SPG) Upcoming Dividend Will Be Larger Than Last Year's
Apr 14
Completion Of Atlanta Factory Will Expand Presence In North American Healthcare Market
Strong growth in proprietary products and a new factory in Atlanta suggest potential for increased revenue and improved margins.What SP Group A/S' (CPH:SPG) 31% Share Price Gain Is Not Telling You
Sep 04SP Group's (CPH:SPG) Returns On Capital Not Reflecting Well On The Business
Aug 24SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt
Aug 06There'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 20Financial Position Analysis
Short Term Liabilities: SPG's short term assets (DKK1.3B) exceed its short term liabilities (DKK803.8M).
Long Term Liabilities: SPG's short term assets (DKK1.3B) exceed its long term liabilities (DKK643.4M).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: SPG's debt to equity ratio has reduced from 60.1% to 59% over the past 5 years.
Debt Coverage: SPG's debt is well covered by operating cash flow (42.6%).
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/05 13:26 |
| End of Day Share Price | 2026/01/05 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SP Group A/S is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Borreskov | Carnegie Investment Bank AB |
| Alexander Borreskov | DNB Carnegie |