SPX Technologies Balance Sheet Health
Financial Health criteria checks 4/6
SPX Technologies has a total shareholder equity of $1.3B and total debt of $789.6M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $2.8B and $1.5B respectively. SPX Technologies's EBIT is $287.2M making its interest coverage ratio 7.1. It has cash and short-term investments of $131.9M.
Key information
61.5%
Debt to equity ratio
US$789.60m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$131.90m |
| Equity | US$1.28b |
| Total liabilities | US$1.50b |
| Total assets | US$2.78b |
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
Why 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 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 17Financial Position Analysis
Short Term Liabilities: SPXC's short term assets ($808.7M) exceed its short term liabilities ($633.3M).
Long Term Liabilities: SPXC's short term assets ($808.7M) do not cover its long term liabilities ($866.0M).
Debt to Equity History and Analysis
Debt Level: SPXC's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: SPXC's debt to equity ratio has reduced from 91.4% to 61.5% over the past 5 years.
Debt Coverage: SPXC's debt is well covered by operating cash flow (26.5%).
Interest Coverage: SPXC's interest payments on its debt are well covered by EBIT (7.1x coverage).