SP Group AS (OCSE:SPG) Debt-to-Equity : 0.57 (As of Dec. 2024)

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What is SP Group AS Debt-to-Equity?

SP Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr425 Mil. SP Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr530 Mil. SP Group AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr1,691 Mil. SP Group AS's debt to equity for the quarter that ended in Dec. 2024 was 0.56.

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 SP Group AS's Debt-to-Equity or its related term are showing as below:

OCSE:SPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.96 Max: 1.31
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of SP Group AS was 1.31. The lowest was 0.57. And the median was 0.96.

OCSE:SPG's Debt-to-Equity is ranked worse than
65.08% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs OCSE:SPG: 0.57

SP Group AS Debt-to-Equity Historical Data

The historical data trend for SP Group AS'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.

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SP Group AS Debt-to-Equity Chart

SP Group AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.78

0.82

0.88

0.73

0.57

SP Group AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.73	-	-	-	0.57

Competitive Comparison of SP Group AS's Debt-to-Equity

For the Specialty Chemicals subindustry, SP Group AS'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.

SP Group AS's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's Debt-to-Equity distribution charts can be found below:

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

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SP Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SP Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(425.442	+	529.759)	/	1691.152
	=	0.56

SP Group AS's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(425.442	+	529.759)	/	1691.152
	=	0.56

SP Group AS (OCSE:SPG) 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.

SP Group AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SP Group AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SP Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SP Group AS (OCSE:SPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1PU2:Germany

Address

Snavevej 6-10, Sonderso, DNK, 5471

Website

https://www.sp-group.dk

SP Group AS is a Denmark-based company active in the plastics industry. It manufactures moulded plastic components and performs coatings on plastic and metal components. The Group's activities are primarily located in Denmark, the rest of Europe, the Americas, Asia, Australia and Africa.