SSP Group Balance Sheet Health
Financial Health criteria checks 1/6
SSP Group has a total shareholder equity of £322.1M and total debt of £695.4M, which brings its debt-to-equity ratio to 215.9%. Its total assets and total liabilities are £2.9B and £2.6B respectively. SSP Group's EBIT is £199.8M making its interest coverage ratio 2.2. It has cash and short-term investments of £303.3M.
Key information
215.9%
Debt to equity ratio
UK£695.40m
Debt
| Interest coverage ratio | 2.2x |
| Cash | UK£303.30m |
| Equity | UK£322.10m |
| Total liabilities | UK£2.58b |
| Total assets | UK£2.90b |
Recent financial health updates
Is SSP Group (LON:SSPG) A Risky Investment?
Mar 18
Does SSP Group (LON:SSPG) Have A Healthy Balance Sheet?
Jul 01These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively
Feb 21Would SSP Group (LON:SSPG) Be Better Off With Less Debt?
Jul 28Health Check: How Prudently Does SSP Group (LON:SSPG) Use Debt?
Mar 17Auditors Have Doubts About SSP Group (LON:SSPG)
Feb 25Recent updates
SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion
Apr 12Is SSP Group (LON:SSPG) A Risky Investment?
Mar 18Estimating The Fair Value Of SSP Group plc (LON:SSPG)
Feb 29Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital
Jan 18Investors Appear Satisfied With SSP Group plc's (LON:SSPG) Prospects
Jan 03SSP Group's (LON:SSPG) Solid Earnings Are Supported By Other Strong Factors
Dec 18Should You Think About Buying SSP Group plc (LON:SSPG) Now?
Nov 21Are Investors Undervaluing SSP Group plc (LON:SSPG) By 34%?
Oct 15SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital
Sep 25Should You Investigate SSP Group plc (LON:SSPG) At UK£2.34?
Aug 17A Look At The Fair Value Of SSP Group plc (LON:SSPG)
Jul 16Does SSP Group (LON:SSPG) Have A Healthy Balance Sheet?
Jul 01Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)
Jun 14Is It Time To Consider Buying SSP Group plc (LON:SSPG)?
May 12Returns On Capital At SSP Group (LON:SSPG) Paint A Concerning Picture
Mar 14These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively
Feb 21What Does SSP Group plc's (LON:SSPG) Share Price Indicate?
Jan 25Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)
Dec 12An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued
Oct 26What Does SSP Group plc's (LON:SSPG) Share Price Indicate?
Sep 09Would SSP Group (LON:SSPG) Be Better Off With Less Debt?
Jul 28Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?
Jul 06Health Check: How Prudently Does SSP Group (LON:SSPG) Use Debt?
Mar 17Is Now The Time To Look At Buying SSP Group plc (LON:SSPG)?
Nov 09Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?
Oct 19The SSP Group plc (LON:SSPG) Analysts Have Been Trimming Their Sales Forecasts
Jun 10Auditors Have Doubts About SSP Group (LON:SSPG)
Feb 25SSP Group's(LON:SSPG) Share Price Is Down 55% Over The Past Year.
Feb 03
The Independent Chairman of the Board of SSP Group plc (LON:SSPG), Michael Clasper, Just Bought 78% More Shares
Dec 26Earnings Update: SSP Group plc (LON:SSPG) Just Reported And Analysts Are Trimming Their Forecasts
Dec 19Bearish: Analysts Just Cut Their SSP Group plc (LON:SSPG) Revenue and EPS estimates
Dec 17How Many SSP Group plc (LON:SSPG) Shares Have Insiders Sold, In The Last Year?
Dec 09Financial Position Analysis
Short Term Liabilities: SSPG's short term assets (£510.3M) do not cover its short term liabilities (£1.1B).
Long Term Liabilities: SSPG's short term assets (£510.3M) do not cover its long term liabilities (£1.5B).
Debt to Equity History and Analysis
Debt Level: SSPG's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: SSPG's debt to equity ratio has increased from 106.7% to 215.9% over the past 5 years.
Debt Coverage: SSPG's debt is well covered by operating cash flow (68.8%).
Interest Coverage: SSPG's interest payments on its debt are not well covered by EBIT (2.2x coverage).