SPX Technologies Financial Health
How is SPX Technologies's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SPXC's short term assets ($837.7M) exceed its short term liabilities ($374.4M).
Long Term Liabilities: SPXC's short term assets ($837.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SPXC's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: SPXC's debt to equity ratio has reduced from 143.9% to 22.8% over the past 5 years.
Debt Coverage: SPXC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPXC's interest payments on its debt are well covered by EBIT (9.3x coverage).