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 DKK831.2M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are DKK3.0B and DKK1.6B respectively. SP Group's EBIT is DKK240.5M making its interest coverage ratio 6. It has cash and short-term investments of DKK50.3M.

Key information

56.8%

Debt to equity ratio

kr.831.24m

Debt

Interest coverage ratio6x
Cashkr.50.28m
Equitykr.1.46b
Total liabilitieskr.1.56b
Total assetskr.3.02b

Recent financial health updates

Recent updates

Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

Apr 19
Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

SP Group's (CPH:SPG) Dividend Will Be DKK3.00

Apr 04
SP Group's (CPH:SPG) Dividend Will Be DKK3.00

What SP Group A/S' (CPH:SPG) P/E Is Not Telling You

Mar 22
What SP Group A/S' (CPH:SPG) P/E Is Not Telling You

SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return

May 29
SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return

SP Group's (CPH:SPG) Returns Have Hit A Wall

Aug 27
SP Group's (CPH:SPG) Returns Have Hit A Wall

SP Group's (CPH:SPG) Returns Have Hit A Wall

May 10
SP Group's (CPH:SPG) Returns Have Hit A Wall

SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year

Apr 21
SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year

SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00

Apr 07
SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00

Estimating The Fair Value Of SP Group A/S (CPH:SPG)

Feb 28
Estimating The Fair Value Of SP Group A/S (CPH:SPG)

SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Jan 27
SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?

Jan 11
Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?

We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt

Oct 20
We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt

Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock

May 29
Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock

SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

May 12
SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up

Apr 20
Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up

SP Group's (CPH:SPG) Returns Have Hit A Wall

Mar 26
SP Group's (CPH:SPG) Returns Have Hit A Wall

Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)

Mar 08
Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)

The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted

Feb 21
The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted

SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 05
SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet

Jan 21
SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet

How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?

Jan 07
How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?

Here's Why We Don't Think SP Group's (CPH:SPG) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 24
Here's Why We Don't Think SP Group's (CPH:SPG) Statutory Earnings Reflect Its Underlying Earnings Potential

A Look At SP Group's (CPH:SPG) CEO Remuneration

Dec 10
A Look At SP Group's (CPH:SPG) CEO Remuneration

Is SP Group (CPH:SPG) Likely To Turn Things Around?

Nov 27
Is SP Group (CPH:SPG) Likely To Turn Things Around?

Financial Position Analysis

Short Term Liabilities: SPG's short term assets (DKK1.2B) exceed its short term liabilities (DKK845.4M).

Long Term Liabilities: SPG's short term assets (DKK1.2B) exceed its long term liabilities (DKK710.6M).


Debt to Equity History and Analysis

Debt Level: SPG's net debt to equity ratio (53.4%) is considered high.

Reducing Debt: SPG's debt to equity ratio has reduced from 94.1% to 56.8% over the past 5 years.

Debt Coverage: SPG's debt is well covered by operating cash flow (43.4%).

Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


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