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 DKK652.4M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are DKK3.2B and DKK1.6B respectively. SP Group's EBIT is DKK313.5M making its interest coverage ratio 7. It has cash and short-term investments of DKK75.0M.
Key information
41.4%
Debt to equity ratio
DKK 652.43m
Debt
| Interest coverage ratio | 7x |
| Cash | DKK 75.04m |
| Equity | DKK 1.58b |
| Total liabilities | DKK 1.58b |
| Total assets | DKK 3.16b |
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 20SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
May 12SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet
Jan 21Recent updates
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 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 21
SP 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 24Financial Position Analysis
Short Term Liabilities: SPG's short term assets (DKK1.3B) exceed its short term liabilities (DKK929.0M).
Long Term Liabilities: SPG's short term assets (DKK1.3B) exceed its long term liabilities (DKK652.4M).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: SPG's debt to equity ratio has reduced from 75.7% to 41.4% over the past 5 years.
Debt Coverage: SPG's debt is well covered by operating cash flow (65.9%).
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (7x coverage).