SPAR Group Balance Sheet Health
Financial Health criteria checks 6/6
SPAR Group has a total shareholder equity of $40.2M and total debt of $21.0M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are $90.3M and $50.0M respectively. SPAR Group's EBIT is $10.4M making its interest coverage ratio 5.4. It has cash and short-term investments of $10.7M.
Key information
52.3%
Debt to equity ratio
US$21.05m
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$10.72m |
| Equity | US$40.25m |
| Total liabilities | US$50.04m |
| Total assets | US$90.28m |
Recent financial health updates
Is SPAR Group (NASDAQ:SGRP) Using Too Much Debt?
Sep 17
Here's Why SPAR Group (NASDAQ:SGRP) Can Manage Its Debt Responsibly
Apr 28SPAR Group (NASDAQ:SGRP) Seems To Use Debt Quite Sensibly
Aug 16Recent updates
SPAR Group's (NASDAQ:SGRP) Profits Appear To Have Quality Issues
Apr 08A Piece Of The Puzzle Missing From SPAR Group, Inc.'s (NASDAQ:SGRP) 29% Share Price Climb
Apr 02SPAR Group, Inc. (NASDAQ:SGRP) Soars 29% But It's A Story Of Risk Vs Reward
Apr 02Is SPAR Group (NASDAQ:SGRP) Using Too Much Debt?
Sep 17Here's Why SPAR Group (NASDAQ:SGRP) Can Manage Its Debt Responsibly
Apr 28SPAR Group (NASDAQ:SGRP) Is Investing Its Capital With Increasing Efficiency
Oct 26SPAR Non-GAAP EPS of $0.06, revenue of $67.8M
Aug 16SPAR Group (NASDAQ:SGRP) Seems To Use Debt Quite Sensibly
Aug 16If You Like EPS Growth Then Check Out SPAR Group (NASDAQ:SGRP) Before It's Too Late
Feb 01Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On Capital
Nov 08Investors Should Be Encouraged By SPAR Group's (NASDAQ:SGRP) Returns On Capital
Aug 02Does SPAR Group (NASDAQ:SGRP) Have A Healthy Balance Sheet?
Jul 15Do SPAR Group's (NASDAQ:SGRP) Earnings Warrant Your Attention?
Jun 11SPAR expands credit facility by $2M and term length by 18 months
May 04We Think SPAR Group (NASDAQ:SGRP) Can Manage Its Debt With Ease
Apr 06Read This Before Buying SPAR Group, Inc. (NASDAQ:SGRP) Shares
Mar 09The Trend Of High Returns At SPAR Group (NASDAQ:SGRP) Has Us Very Interested
Feb 16
SPAR Group, Inc.'s (NASDAQ:SGRP) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 26SPAR Group rallies on new share repurchase program
Jan 06Is SPAR Group (NASDAQ:SGRP) Using Too Much Debt?
Dec 30Need To Know: SPAR Group, Inc. (NASDAQ:SGRP) Insiders Have Been Selling Shares
Dec 09Financial Position Analysis
Short Term Liabilities: SGRP's short term assets ($76.1M) exceed its short term liabilities ($48.6M).
Long Term Liabilities: SGRP's short term assets ($76.1M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: SGRP's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: SGRP's debt to equity ratio has reduced from 68.1% to 52.3% over the past 5 years.
Debt Coverage: SGRP's debt is well covered by operating cash flow (32.4%).
Interest Coverage: SGRP's interest payments on its debt are well covered by EBIT (5.4x coverage).