SPX Technologies Balance Sheet Health
Financial Health criteria checks 4/6
SPX Technologies has a total shareholder equity of $1.2B and total debt of $853.6M, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are $2.8B and $1.6B respectively. SPX Technologies's EBIT is $248.9M making its interest coverage ratio 7.5. It has cash and short-term investments of $106.3M.
Key information
69.0%
Debt to equity ratio
US$853.60m
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$106.30m |
| Equity | US$1.24b |
| Total liabilities | US$1.56b |
| Total assets | US$2.80b |
Recent financial health updates
SPX Technologies (NYSE:SPXC) Has A Pretty Healthy Balance Sheet
May 26
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 29Recent updates
SPX 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 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 10Financial Position Analysis
Short Term Liabilities: SPXC's short term assets ($779.6M) exceed its short term liabilities ($694.8M).
Long Term Liabilities: SPXC's short term assets ($779.6M) do not cover its long term liabilities ($867.3M).
Debt to Equity History and Analysis
Debt Level: SPXC's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: SPXC's debt to equity ratio has reduced from 100.8% to 69% over the past 5 years.
Debt Coverage: SPXC's debt is well covered by operating cash flow (26.2%).
Interest Coverage: SPXC's interest payments on its debt are well covered by EBIT (7.5x coverage).