SpaceandPeople (LSE:SAL) Debt-to-Equity: 0.16 (As of Dec. 2025) — 59% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:SAL SpaceandPeople PLC LSE:SAL
67 GF Score
Price £1.36
GF Value £1.28
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is SpaceandPeople Debt-to-Equity?

SpaceandPeople LSE:SAL 67 Debt-to-Equity is 0.16 as of Dec. 2025, which is 59% below its 10-year median of 0.39. GuruFocus rates LSE:SAL with a GF Score™ of 67/100 and a GF Value™ of £1.28 (Fairly Valued). The stock has 2 warning signs investors should review. Among 832 Media - Diversified companies, SpaceandPeople ranks better than 60.34% on this metric.

SpaceandPeople's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.23 Mil. SpaceandPeople's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.39 Mil. SpaceandPeople's Total Stockholders Equity for the quarter that ended in Dec. 2025 was £3.90 Mil. SpaceandPeople's debt to equity for the quarter that ended in Dec. 2025 was 0.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SpaceandPeople's Debt-to-Equity or its related term are showing as below:

LSE:SAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.39   Max: 0.62
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of SpaceandPeople was 0.62. The lowest was 0.13. And the median was 0.39.

LSE:SAL's Debt-to-Equity is ranked better than
60.34% of 832 companies
in the Media - Diversified industry
Industry Median: 0.25 vs LSE:SAL: 0.16

SpaceandPeople  (LSE:SAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


SpaceandPeople Debt-to-Equity Related Terms


SpaceandPeople Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SpaceandPeople's Debt-to-Equity 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.

SpaceandPeople Debt-to-Equity Chart

SpaceandPeople Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.62 0.47 0.31 0.16

SpaceandPeople Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity 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 0.47 0.42 0.31 0.34 0.16

LSE:SAL vs APP, OMC, TTD: Debt-to-Equity Comparison

For the Advertising Agencies subindustry, SpaceandPeople's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


SpaceandPeople Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SpaceandPeople's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SpaceandPeople's Debt-to-Equity falls into.


LSE:SAL
67GF Score
SpaceandPeople PLC LSE:SAL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpaceandPeople Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SpaceandPeople's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

SpaceandPeople's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.16 mean?
SpaceandPeople (LSE:SAL) has a Debt-to-Equity of 0.16 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SpaceandPeople and its competitors. This is 59% below median its historical median of 0.39. Over the past decade, SpaceandPeople's Debt-to-Equity has ranged from 0.13 to 0.62. According to the industry distribution chart, SpaceandPeople ranks #330 out of 832 companies in the Media - Diversified industry, placing it in the top 39.7%.
Is SpaceandPeople's Debt-to-Equity too high?
SpaceandPeople's current Debt-to-Equity of 0.16 is 59% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.62. The Media - Diversified industry median Debt-to-Equity is 0.25. SpaceandPeople's value of 0.16 is 36% below this industry median. Based on the distribution chart, SpaceandPeople ranks #330 out of 832 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, SpaceandPeople has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SpaceandPeople's Debt-to-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, SpaceandPeople ranks #330 out of 832 companies for Debt-to-Equity. This puts SpaceandPeople in the upper half of its industry. The industry median Debt-to-Equity is 0.25. SpaceandPeople's value of 0.16 is 36% below this benchmark. Historically, SpaceandPeople's own Debt-to-Equity has ranged from 0.13 to 0.62 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.25, SpaceandPeople 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 Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 832 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SpaceandPeople's current Debt-to-Equity of 0.16 is 36% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SpaceandPeople and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SpaceandPeople's current Debt-to-Equity is 0.16, which is 59% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpaceandPeople stock overvalued right now?
Based on GuruFocus' analysis, SpaceandPeople (LSE:SAL) is currently considered Fairly Valued. The stock's GF Value™ is £1.28, compared to a current price of £1.36 — trading 6.3% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 59% below median its 10-year median of 0.39 and 36% below the Media - Diversified industry median of 0.25. SpaceandPeople's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SpaceandPeople (LSE:SAL), the current Debt-to-Equity is 0.16 as of Dec. 2025. 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 SpaceandPeople (LSE:SAL) Overvalued in 2026?

Based on GuruFocus' analysis, SpaceandPeople stock appears to be overvalued. The current stock price of £1.36 is trading 6.3% above its estimated GF Value™ of £1.28. GuruFocus considers SpaceandPeople to be Fairly Valued.

Key valuation signals for LSE:SAL:

  • Debt-to-Equity: 0.16 (59% below median its 10-year median of 0.39)
  • GF Value™: £1.28 vs. price of £1.36 (6.3% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 36% below the Media - Diversified median (#330 of 832)

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


SpaceandPeople Business Description

Other Exchanges RWK0:Germany
Address 50 West Nile Street, 3rd Floor, Delta House, Glasgow, GBR, G1 2NP
SpaceandPeople PLC is engaged in marketing and selling promotional and retail licensing space on behalf of shopping centers. The Group splits its operating activities into two main areas, promotions and retail. Retail is further subdivided into both the UK and German territories. Its operating segments include Promotion UK; Retail UK; Retail Germany, and Head Office.
67GF Score

Get the complete analysis for LSE:SAL

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

£1.36
Price
£1.28
GF Value