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SSP Group (LSE:SSPG) Debt-to-Equity : 7.62 (As of Sep. 2023)


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What is SSP Group Debt-to-Equity?

SSP Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £265 Mil. SSP Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1,459 Mil. SSP Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £226 Mil. SSP Group's debt to equity for the quarter that ended in Sep. 2023 was 7.62.

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

LSE:SSPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.13   Med: 2.18   Max: 17.11
Current: 7.62

During the past 13 years, the highest Debt-to-Equity Ratio of SSP Group was 17.11. The lowest was 1.13. And the median was 2.18.

LSE:SSPG's Debt-to-Equity is ranked worse than
95.38% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs LSE:SSPG: 7.62

SSP Group Debt-to-Equity Historical Data

The historical data trend for SSP Group'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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SSP Group Debt-to-Equity Chart

SSP Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 17.11 9.38 7.53 7.62

SSP Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 9.38 7.55 7.53 7.43 7.62

Competitive Comparison of SSP Group's Debt-to-Equity

For the Restaurants subindustry, SSP Group'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.


SSP Group's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Debt-to-Equity distribution charts can be found below:

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



SSP Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SSP Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

SSP Group's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


SSP Group  (LSE:SSPG) 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.


SSP Group Debt-to-Equity Related Terms

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


SSP Group (LSE:SSPG) Business Description

Traded in Other Exchanges
Address
32 Jamestown Road, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.

SSP Group (LSE:SSPG) Headlines

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