SPGGF (SP Group AS) Current Ratio: 1.48 (As of Mar. 2026) — 17% Above Median


SPGGF SP Group AS SPGGF
95 GF Score
Price $29.71
GF Value $23.63
! 8 Warning Signs
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What is SP Group AS Current Ratio?

SP Group AS SPGGF 95 Current Ratio is 1.48 as of Mar. 2026, which is 17% above its 10-year median of 1.27. GuruFocus rates SPGGF with a GF Score™ of 95/100 and a GF Value™ of $23.63. The stock has 8 warning signs investors should review. Among 1,615 Chemicals companies, SP Group AS ranks worse than 65.26% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. SP Group AS's current ratio for the quarter that ended in Mar. 2026 was 1.48.

SP Group AS has a current ratio of 1.48. It generally indicates good short-term financial strength.

The historical rank and industry rank for SP Group AS's Current Ratio or its related term are showing as below:

SPGGF' s Current Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.27   Max: 1.79
Current: 1.48

During the past 13 years, SP Group AS's highest Current Ratio was 1.79. The lowest was 0.98. And the median was 1.27.

SPGGF's Current Ratio is ranked worse than
65.26% of 1615 companies
in the Chemicals industry
Industry Median: 1.89 vs SPGGF: 1.48

SP Group AS  (OTCPK:SPGGF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


SP Group AS Current Ratio Related Terms


SP Group AS Current Ratio Historical Data

* Premium members only.

The historical data trend for SP Group AS's Current Ratio 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.

SP Group AS Current Ratio Chart

SP Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.35 1.40 1.57 1.49

SP Group AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 1.72 1.67 1.49 1.48

SPGGF vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, SP Group AS's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where SP Group AS's Current Ratio falls into.


SPGGF
95GF Score
SP Group AS SPGGF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Group AS Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

SP Group AS's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=224.453/150.4
=1.49

SP Group AS's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=237.823/160.286
=1.48

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.48 mean?
SP Group AS (SPGGF) has a Current Ratio of 1.48 as of Mar. 2026. This is 17% above median its historical median of 1.27. Over the past decade, SP Group AS's Current Ratio has ranged from 0.98 to 1.79. According to the industry distribution chart, SP Group AS ranks #1054 out of 1615 companies in the Chemicals industry, placing it in the top 65.3%.
Is SP Group AS's Current Ratio too high?
SP Group AS's current Current Ratio of 1.48 is 17% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.79. The Chemicals industry median Current Ratio is 1.89. SP Group AS's value of 1.48 is 21.7% below this industry median. Based on the distribution chart, SP Group AS ranks #1054 out of 1615 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #1054 out of 1615 companies for Current Ratio. This places SP Group AS in the lower half of its industry. The industry median Current Ratio is 1.89. SP Group AS's value of 1.48 is 21.7% below this benchmark. Historically, SP Group AS's own Current Ratio has ranged from 0.98 to 1.79 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.89, 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 Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Group AS's current Current Ratio of 1.48 is 21.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Current Ratio is 1.48, which is 17% above median its own 10-year median of 1.27. 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 (SPGGF) has a current Current Ratio of 1.48. The stock's GF Value™ is $23.63, compared to a current price of $29.71 — trading 25.7% above its estimated fair value. The current Current Ratio is 1.48, which is 17% above median its 10-year median of 1.27 and 21.7% below the Chemicals industry median of 1.89. SP Group AS's overall GF Score™ is 95/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For SP Group AS (SPGGF), the current Current Ratio is 1.48 as of Mar. 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 (SPGGF) Overvalued in 2026?

Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued. The current stock price of $29.71 is trading 25.7% above its estimated GF Value™ of $23.63.

Key valuation signals for SPGGF:

  • Current Ratio: 1.48 (17% above median its 10-year median of 1.27)
  • GF Value™: $23.63 vs. price of $29.71 (25.7% above fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 21.7% below the Chemicals median (#1054 of 1615)

No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SP Group AS Business Description

Other Exchanges SPG:Denmark1PU2:Germany
Address Snavevej 6-10, Sonderso, DNK, 5471
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.
95GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.71
Price
$23.63
GF Value