SPX Technologies Balance Sheet Health
Financial Health criteria checks 4/6
SPX Technologies has a total shareholder equity of $1.4B and total debt of $736.9M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are $2.8B and $1.4B respectively. SPX Technologies's EBIT is $312.3M making its interest coverage ratio 7.3. It has cash and short-term investments of $126.9M.
Key information
54.3%
Debt to equity ratio
US$736.90m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$126.90m |
| Equity | US$1.36b |
| Total liabilities | US$1.45b |
| Total assets | US$2.81b |
Recent financial health updates
SPX Technologies (NYSE:SPXC) Seems To Use Debt Quite Sensibly
Sep 23
SPX Technologies (NYSE:SPXC) Has A Pretty Healthy Balance Sheet
May 26Is SPX Technologies (NYSE:SPXC) Using Too Much Debt?
Jan 13Recent updates
Is There Now An Opportunity In SPX Technologies, Inc. (NYSE:SPXC)?
Dec 25A Look At The Fair Value Of SPX Technologies, Inc. (NYSE:SPXC)
Dec 11SPX Technologies: Running Too Hot Here
Dec 09SPX Technologies, Inc.'s (NYSE:SPXC) Price In Tune With Earnings
Nov 28SPX Technologies: An HVAC Business With Hot Expectations
Sep 24SPX Technologies (NYSE:SPXC) Seems To Use Debt Quite Sensibly
Sep 23Is SPX Technologies, Inc. (NYSE:SPXC) Trading At A 35% Discount?
Sep 09Why SPX Technologies, Inc. (NYSE:SPXC) Could Be Worth Watching
Aug 26With SPX Technologies, Inc. (NYSE:SPXC) It Looks Like You'll Get What You Pay For
Aug 12SPXC: Wouldn't Pay To Be Too Bullish Now, But Keep It On Your Watchlist
Jul 23We Ran A Stock Scan For Earnings Growth And SPX Technologies (NYSE:SPXC) Passed With Ease
Jul 11SPX Technologies (NYSE:SPXC) Has A Pretty Healthy Balance Sheet
May 26SPX Technologies: Transformation Delivers High Returns And Promises More Growth
May 15The Strong Earnings Posted By SPX Technologies (NYSE:SPXC) Are A Good Indication Of The Strength Of The Business
May 12Should You Think About Buying SPX Technologies, Inc. (NYSE:SPXC) Now?
May 02SPX Technologies, Inc.'s (NYSE:SPXC) Intrinsic Value Is Potentially 38% Above Its Share Price
Apr 18Revenues Tell The Story For SPX Technologies, Inc. (NYSE:SPXC)
Apr 05Do SPX Technologies' (NYSE:SPXC) Earnings Warrant Your Attention?
Mar 22SPX Technologies: Trading At A Premium After A Successful M&A Induced Transformation
Feb 12Why SPX Technologies, Inc. (NYSE:SPXC) Could Be Worth Watching
Jan 31Is SPX Technologies (NYSE:SPXC) Using Too Much Debt?
Jan 13SPX Technologies: Good Growth Prospects And Potential For A Re-Rating
Dec 13SPX Technologies: A Good Buy At Current Levels
Sep 27SPX Technologies: Healthy Outlook, Reasonable Valuation
Jul 10SPX Technologies: Impressive Transformation
Jan 08SPX Technologies brings on Insteel Industries' CFO Mark Carano as finance chief
Dec 07Financial Position Analysis
Short Term Liabilities: SPXC's short term assets ($827.6M) exceed its short term liabilities ($446.3M).
Long Term Liabilities: SPXC's short term assets ($827.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SPXC's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: SPXC's debt to equity ratio has reduced from 82.4% to 54.3% over the past 5 years.
Debt Coverage: SPXC's debt is well covered by operating cash flow (33.4%).
Interest Coverage: SPXC's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 04:58 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SPX Technologies, Inc. is covered by 29 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Robert Cornell | Barclays |
| Andrew Obin | BofA Global Research |