Spectris Balance Sheet Health
Financial Health criteria checks 6/6
Spectris has a total shareholder equity of £1.4B and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.8B and £437.6M respectively. Spectris's EBIT is £159.5M making its interest coverage ratio -32.6. It has cash and short-term investments of £292.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -32.6x |
Cash | UK£292.50m |
Equity | UK£1.41b |
Total liabilities | UK£437.60m |
Total assets | UK£1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SXSL's short term assets (£835.0M) exceed its short term liabilities (£354.5M).
Long Term Liabilities: SXSL's short term assets (£835.0M) exceed its long term liabilities (£83.1M).
Debt to Equity History and Analysis
Debt Level: SXSL is debt free.
Reducing Debt: SXSL has no debt compared to 5 years ago when its debt to equity ratio was 33.8%.
Debt Coverage: SXSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SXSL has no debt, therefore coverage of interest payments is not a concern.