Spirax-Sarco Engineering Financial Health

How is Spirax-Sarco Engineering's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SPX's short term assets (£924.2M) exceed its short term liabilities (£361.7M).

Long Term Liabilities: SPX's short term assets (£924.2M) exceed its long term liabilities (£612.7M).


Debt to Equity History and Analysis

Debt Level: SPX's net debt to equity ratio (18.6%) is considered satisfactory.

Reducing Debt: SPX's debt to equity ratio has reduced from 50.1% to 46.5% over the past 5 years.

Debt Coverage: SPX's debt is well covered by operating cash flow (47.4%).

Interest Coverage: SPX's interest payments on its debt are well covered by EBIT (59.8x coverage).


Balance Sheet


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