Spectris Balance Sheet Health
Financial Health criteria checks 6/6
Spectris has a total shareholder equity of £1.3B 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 £501.8M respectively. Spectris's EBIT is £202.3M making its interest coverage ratio -51.9. It has cash and short-term investments of £138.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -51.9x |
| Cash | UK£138.50m |
| Equity | UK£1.32b |
| Total liabilities | UK£501.80m |
| Total assets | UK£1.82b |
Recent financial health updates
Recent updates
Spectris' (LON:SXS) Earnings May Just Be The Starting Point
Apr 03
Spectris (LON:SXS) Is Paying Out A Larger Dividend Than Last Year
Mar 29Spectris (LON:SXS) Will Pay A Larger Dividend Than Last Year At £0.539
Mar 14A Look At The Intrinsic Value Of Spectris plc (LON:SXS)
Feb 29Why We're Not Concerned About Spectris plc's (LON:SXS) Share Price
Jan 07Is There An Opportunity With Spectris plc's (LON:SXS) 25% Undervaluation?
Oct 18Spectris (LON:SXS) Is Increasing Its Dividend To £0.253
Sep 22Spectris (LON:SXS) Is Increasing Its Dividend To £0.253
Aug 19Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To £0.253
Aug 03A Look At The Fair Value Of Spectris plc (LON:SXS)
Jun 10Spectris (LON:SXS) Is Increasing Its Dividend To £0.513
May 06Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 26Is Spectris plc (LON:SXS) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 25We Think Spectris (LON:SXS) Can Manage Its Debt With Ease
Nov 02Estimating The Fair Value Of Spectris plc (LON:SXS)
Oct 15Spectris (LON:SXS) Is Paying Out A Larger Dividend Than Last Year
Sep 04Spectris (LON:SXS) Is Increasing Its Dividend To £0.241
Aug 18Spectris (LON:SXS) Is Increasing Its Dividend To £0.241
Aug 04Estimating The Fair Value Of Spectris plc (LON:SXS)
May 17A Look At The Intrinsic Value Of Spectris plc (LON:SXS)
Feb 06Spectris (LON:SXS) Could Be Struggling To Allocate Capital
Dec 21Calculating The Intrinsic Value Of Spectris plc (LON:SXS)
Oct 26Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 04Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To UK£0.23
Sep 09Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To UK£0.23
Aug 26Capital Allocation Trends At Spectris (LON:SXS) Aren't Ideal
Aug 24Spectris (LON:SXS) Is Increasing Its Dividend To UK£0.23
Aug 06Earnings Beat: Spectris plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 31CEO & Executive Director Andrew Heath Just Bought 23% More Shares In Spectris plc (LON:SXS)
Feb 28Financial Position Analysis
Short Term Liabilities: SXS's short term assets (£798.7M) exceed its short term liabilities (£422.8M).
Long Term Liabilities: SXS's short term assets (£798.7M) exceed its long term liabilities (£79.0M).
Debt to Equity History and Analysis
Debt Level: SXS is debt free.
Reducing Debt: SXS has no debt compared to 5 years ago when its debt to equity ratio was 30%.
Debt Coverage: SXS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SXS has no debt, therefore coverage of interest payments is not a concern.