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SP Group ASCHIX:SPGC 96 Cash-to-Debt is 0.40 as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates CHIX:SPGC with a GF Score™ of 96/100 and a GF Value™ of kr277.71. The stock has 7 warning signs investors should review. Among 1,592 Chemicals companies, SP Group AS ranks worse than 62.5% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. SP Group AS's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.40.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, SP Group AScouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for SP Group AS's Cash-to-Debt or its related term are showing as below:
CHIX:SPGc'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: No Debt Max: No Debt
Current: 0.4
During the past 13 years, SP Group AS's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was No Debt.
CHIX:SPGc's Cash-to-Debt is ranked worse than 62.5% of 1592
companies
in the Chemicals industry
Industry Median: 0.67
vs CHIX:SPGc: 0.40
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
SP Group AS Cash-to-Debt Related Terms
SP Group AS Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for SP Group AS's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
CHIX:SPGC vs LIN, SHW, ECL: Cash-to-Debt Comparison
For the Specialty Chemicals subindustry, SP Group AS's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SP Group AS Cash-to-Debt vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where SP Group AS's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SP Group AS (CHIX:SPGC) has a Cash-to-Debt of 0.40 as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, SP Group AS's Cash-to-Debt has ranged from 0.05 to 10,000.00. According to the industry distribution chart, SP Group AS ranks #995 out of 1592 companies in the Chemicals industry, placing it in the top 62.5%.
Is SP Group AS's Cash-to-Debt too high?
SP Group AS's current Cash-to-Debt of 0.40 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 10,000.00. The Chemicals industry median Cash-to-Debt is 0.67. SP Group AS's value of 0.40 is 40.3% below this industry median. Based on the distribution chart, SP Group AS ranks #995 out of 1592 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Cash-to-Debt compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #995 out of 1592 companies for Cash-to-Debt. This places SP Group AS in the lower half of its industry. The industry median Cash-to-Debt is 0.67. SP Group AS's value of 0.40 is 40.3% below this benchmark. Historically, SP Group AS's own Cash-to-Debt has ranged from 0.05 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 0.67, SP Group AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.67, based on 1,592 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Group AS's current Cash-to-Debt of 0.40 is 40.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Cash-to-Debt is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Cash-to-Debt is 0.40, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (CHIX:SPGC) has a current Cash-to-Debt of 0.40. The stock's GF Value™ is kr277.71, compared to a current price of kr358.50 — trading 29.1% above its estimated fair value. The current Cash-to-Debt is 0.40, which is 100% below median its 10-year median of 10,000.00 and 40.3% below the Chemicals industry median of 0.67. SP Group AS's overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For SP Group AS (CHIX:SPGC), the current Cash-to-Debt is 0.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SP Group AS (CHIX:SPGC) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of kr358.50 is trading 29.1% above its estimated GF Value™ of kr277.71.
Key valuation signals for CHIX:SPGC:
Cash-to-Debt: 0.40 (100% below median its 10-year median of 10,000.00)
GF Value™: kr277.71 vs. price of kr358.50 (29.1% above fair value)
Industry Position: 40.3% below the Chemicals median (#995 of 1592)
No single metric tells the full story. See the CHIX:SPGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
96GF Score
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