SPX Technologies Balance Sheet Health
Financial Health criteria checks 5/6
SPX Technologies has a total shareholder equity of $1.2B and total debt of $557.8M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are $2.4B and $1.2B respectively. SPX Technologies's EBIT is $228.5M making its interest coverage ratio 9. It has cash and short-term investments of $106.9M.
Key information
46.7%
Debt to equity ratio
US$557.80m
Debt
Interest coverage ratio | 9x |
Cash | US$106.90m |
Equity | US$1.19b |
Total liabilities | US$1.25b |
Total assets | US$2.44b |
Recent financial health updates
Is SPX Technologies (NYSE:SPXC) Using Too Much Debt?
Jan 13Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Oct 12Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Jun 13These 4 Measures Indicate That SPX Technologies (NYSE:SPXC) Is Using Debt Reasonably Well
Mar 02Is SPX Technologies (NYSE:SPXC) A Risky Investment?
Nov 29SPX Technologies (NYSE:SPXC) Seems To Use Debt Quite Sensibly
Aug 30Recent updates
SPX 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 13Earnings Tell The Story For SPX Technologies, Inc. (NYSE:SPXC)
Dec 26SPX Technologies: Good Growth Prospects And Potential For A Re-Rating
Dec 13Estimating The Fair Value Of SPX Technologies, Inc. (NYSE:SPXC)
Nov 02Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Oct 12SPX Technologies: A Good Buy At Current Levels
Sep 27What Does SPX Technologies, Inc.'s (NYSE:SPXC) Share Price Indicate?
Sep 20SPX Technologies: Healthy Outlook, Reasonable Valuation
Jul 10Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Jun 13What Does SPX Technologies, Inc.'s (NYSE:SPXC) Share Price Indicate?
May 26Is SPX Technologies, Inc. (NYSE:SPXC) Trading At A 33% Discount?
Mar 23These 4 Measures Indicate That SPX Technologies (NYSE:SPXC) Is Using Debt Reasonably Well
Mar 02At US$74.39, Is It Time To Put SPX Technologies, Inc. (NYSE:SPXC) On Your Watch List?
Feb 09SPX Technologies: Impressive Transformation
Jan 08Calculating The Fair Value Of SPX Technologies, Inc. (NYSE:SPXC)
Dec 17SPX Technologies brings on Insteel Industries' CFO Mark Carano as finance chief
Dec 07Is SPX Technologies (NYSE:SPXC) A Risky Investment?
Nov 29SPX Technologies divests subsidiaries with asbestos liabilities
Nov 01Is SPX Technologies, Inc. (NYSE:SPXC) Trading At A 45% Discount?
Sep 17SPX Technologies (NYSE:SPXC) Seems To Use Debt Quite Sensibly
Aug 30Is There Now An Opportunity In SPX Corporation (NYSE:SPXC)?
Aug 12SPX Corporation (NYSE:SPXC) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 16Does SPX (NYSE:SPXC) Have A Healthy Balance Sheet?
May 28What Is SPX Corporation's (NYSE:SPXC) Share Price Doing?
May 10An Intrinsic Calculation For SPX Corporation (NYSE:SPXC) Suggests It's 44% Undervalued
Mar 18These 4 Measures Indicate That SPX (NYSE:SPXC) Is Using Debt Reasonably Well
Feb 27Is It Too Late To Consider Buying SPX Corporation (NYSE:SPXC)?
Feb 08Financial Position Analysis
Short Term Liabilities: SPXC's short term assets ($709.6M) exceed its short term liabilities ($401.2M).
Long Term Liabilities: SPXC's short term assets ($709.6M) do not cover its long term liabilities ($843.9M).
Debt to Equity History and Analysis
Debt Level: SPXC's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: SPXC's debt to equity ratio has reduced from 91.6% to 46.7% over the past 5 years.
Debt Coverage: SPXC's debt is well covered by operating cash flow (37.4%).
Interest Coverage: SPXC's interest payments on its debt are well covered by EBIT (9x coverage).