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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPGC's short term assets (DKK1.3B) exceed its short term liabilities (DKK929.0M).
Long Term Liabilities: SPGC's short term assets (DKK1.3B) exceed its long term liabilities (DKK652.4M).
Debt to Equity History and Analysis
Debt Level: SPGC's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: SPGC's debt to equity ratio has reduced from 75.7% to 41.4% over the past 5 years.
Debt Coverage: SPGC's debt is well covered by operating cash flow (65.9%).
Interest Coverage: SPGC's interest payments on its debt are well covered by EBIT (7x coverage).