Spir Group Balance Sheet Health
Financial Health criteria checks 1/6
Spir Group has a total shareholder equity of NOK1.3B and total debt of NOK699.8M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are NOK2.4B and NOK1.2B respectively. Spir Group's EBIT is NOK65.9M making its interest coverage ratio 1.5. It has cash and short-term investments of NOK53.7M.
Key information
55.1%
Debt to equity ratio
NOK 699.83m
Debt
| Interest coverage ratio | 1.5x |
| Cash | NOK 53.75m |
| Equity | NOK 1.27b |
| Total liabilities | NOK 1.16b |
| Total assets | NOK 2.42b |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By Spir Group (OB:SPIR) Are A Good Indication Of The Strength Of The Business
Nov 20
Spir Group's (OB:SPIR) Returns On Capital Are Heading Higher
Oct 25Further Upside For Spir Group ASA (OB:SPIR) Shares Could Introduce Price Risks After 28% Bounce
Apr 04Market Still Lacking Some Conviction On Spir Group ASA (OB:SPIR)
Dec 29We Like These Underlying Return On Capital Trends At Sikri Holding (OB:SIKRI)
Nov 06Sikri Holding (OB:SIKRI) Has Some Way To Go To Become A Multi-Bagger
Feb 24Financial Position Analysis
Short Term Liabilities: SPIR's short term assets (NOK247.8M) do not cover its short term liabilities (NOK462.6M).
Long Term Liabilities: SPIR's short term assets (NOK247.8M) do not cover its long term liabilities (NOK693.0M).
Debt to Equity History and Analysis
Debt Level: SPIR's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: Insufficient data to determine if SPIR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SPIR's debt is well covered by operating cash flow (30.8%).
Interest Coverage: SPIR's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Spir Group ASA is covered by 0 analysts. 0 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 |
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