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SP Plus (FRA:PZA) Debt-to-Asset : 0.49 (As of Mar. 2024)


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What is SP Plus Debt-to-Asset?

SP Plus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €67 Mil. SP Plus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €444 Mil. SP Plus's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €1,051 Mil. SP Plus's debt to asset for the quarter that ended in Mar. 2024 was 0.49.


SP Plus Debt-to-Asset Historical Data

The historical data trend for SP Plus's Debt-to-Asset 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.

* Premium members only.

SP Plus Debt-to-Asset Chart

SP Plus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.60 0.53 0.50 0.49

SP Plus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset 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 0.52 0.51 0.49 0.49 0.49

Competitive Comparison of SP Plus's Debt-to-Asset

For the Specialty Business Services subindustry, SP Plus's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Plus's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SP Plus's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where SP Plus's Debt-to-Asset falls into.



SP Plus Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SP Plus's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(66.666 + 452.631) / 1056.292
=0.49

SP Plus's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(66.976 + 443.624) / 1051.008
=0.49

* 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 Plus  (FRA:PZA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


SP Plus Debt-to-Asset Related Terms

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


SP Plus (FRA:PZA) Business Description

Traded in Other Exchanges
Address
200 East Randolph Street, Suite 7700, Chicago, IL, USA, 60601-7702
SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.