SPX Net Debt vs Net Working Capital Analysis

SPXC Stock

USD 176.01 3.46 2.01%

SPX Corp financial indicator trend analysis is much more than just breaking down SPX Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPX Corp is a good investment. Please check the relationship between SPX Corp Net Debt and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPX Corp Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SPX Corp's Net Debt and Net Working Capital is -0.33. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of SPX Corp, assuming nothing else is changed. The correlation between historical values of SPX Corp's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of SPX Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., SPX Corp's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

Most indicators from SPX Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPX Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.At present, SPX Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.57, whereas Discontinued Operations is projected to grow to (21.4 M).

	2021	2022	2023	2024 (projected)
Gross Profit	431.8M	523.9M	670M	834.1M
Total Revenue	1.2B	1.5B	1.7B	2.8B

Gross Profit Total Revenue

SPX Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.93	0.96	0.94	0.94	0.86	0.9	0.89	1.0	0.64	0.89	0.97	0.55	0.97	0.95	0.52	-0.79	0.96	0.97	0.98	0.53	0.91	0.95	0.89	0.89
Short Long Term Debt Total	0.98		0.94	0.93	0.91	0.93	0.93	0.89	0.82	0.97	0.55	0.82	0.96	0.49	0.95	0.97	0.47	-0.77	0.93	0.95	0.95	0.51	0.91	0.94	0.89	0.89
Other Current Liab	0.93	0.94		0.9	0.83	0.87	0.9	0.82	0.75	0.93	0.6	0.75	0.92	0.49	0.92	0.93	0.6	-0.71	0.92	0.85	0.9	0.4	0.82	0.95	0.82	0.82
Total Current Liabilities	0.96	0.93	0.9		0.86	0.97	0.83	0.9	0.86	0.96	0.69	0.86	0.97	0.4	0.92	0.87	0.55	-0.86	0.98	0.9	0.97	0.67	0.78	0.95	0.92	0.92
Total Stockholder Equity	0.94	0.91	0.83	0.86		0.84	0.76	0.88	0.88	0.93	0.55	0.88	0.9	0.54	0.83	0.94	0.45	-0.69	0.84	0.97	0.93	0.49	0.95	0.86	0.84	0.84
Property Plant And Equipment Net	0.94	0.93	0.87	0.97	0.84		0.82	0.93	0.87	0.92	0.62	0.87	0.98	0.26	0.92	0.88	0.51	-0.9	0.97	0.91	0.97	0.55	0.75	0.95	0.97	0.97
Net Debt	0.86	0.93	0.9	0.83	0.76	0.82		0.77	0.57	0.87	0.43	0.57	0.85	0.41	0.85	0.9	0.4	-0.69	0.82	0.82	0.8	0.49	0.83	0.86	0.79	0.79
Retained Earnings	0.9	0.89	0.82	0.9	0.88	0.93	0.77		0.84	0.88	0.45	0.84	0.92	0.22	0.84	0.9	0.36	-0.94	0.88	0.94	0.93	0.47	0.8	0.9	0.94	0.94
Cash	0.89	0.82	0.75	0.86	0.88	0.87	0.57	0.84		0.86	0.63	1.0	0.89	0.42	0.85	0.8	0.48	-0.72	0.88	0.89	0.94	0.43	0.75	0.84	0.84	0.84
Non Current Assets Total	1.0	0.97	0.93	0.96	0.93	0.92	0.87	0.88	0.86		0.66	0.86	0.97	0.58	0.97	0.94	0.54	-0.77	0.96	0.95	0.96	0.54	0.9	0.94	0.87	0.87
Non Currrent Assets Other	0.64	0.55	0.6	0.69	0.55	0.62	0.43	0.45	0.63	0.66		0.63	0.64	0.44	0.65	0.46	0.71	-0.42	0.71	0.52	0.65	0.52	0.44	0.61	0.55	0.55
Cash And Short Term Investments	0.89	0.82	0.75	0.86	0.88	0.87	0.57	0.84	1.0	0.86	0.63		0.89	0.42	0.85	0.8	0.48	-0.72	0.88	0.89	0.94	0.43	0.75	0.84	0.84	0.84
Net Receivables	0.97	0.96	0.92	0.97	0.9	0.98	0.85	0.92	0.89	0.97	0.64	0.89		0.42	0.95	0.93	0.51	-0.85	0.98	0.94	0.99	0.51	0.82	0.98	0.93	0.93
Common Stock Shares Outstanding	0.55	0.49	0.49	0.4	0.54	0.26	0.41	0.22	0.42	0.58	0.44	0.42	0.42		0.56	0.47	0.43	-0.04	0.45	0.45	0.43	0.13	0.63	0.39	0.12	0.12
Non Current Liabilities Total	0.97	0.95	0.92	0.92	0.83	0.92	0.85	0.84	0.85	0.97	0.65	0.85	0.95	0.56		0.89	0.54	-0.76	0.97	0.89	0.94	0.41	0.82	0.94	0.84	0.84
Inventory	0.95	0.97	0.93	0.87	0.94	0.88	0.9	0.9	0.8	0.94	0.46	0.8	0.93	0.47	0.89		0.41	-0.75	0.87	0.96	0.92	0.4	0.94	0.93	0.88	0.88
Other Current Assets	0.52	0.47	0.6	0.55	0.45	0.51	0.4	0.36	0.48	0.54	0.71	0.48	0.51	0.43	0.54	0.41		-0.3	0.58	0.39	0.53	0.28	0.38	0.5	0.42	0.42
Other Stockholder Equity	-0.79	-0.77	-0.71	-0.86	-0.69	-0.9	-0.69	-0.94	-0.72	-0.77	-0.42	-0.72	-0.85	-0.04	-0.76	-0.75	-0.3		-0.84	-0.8	-0.84	-0.53	-0.59	-0.82	-0.89	-0.89
Total Liab	0.96	0.93	0.92	0.98	0.84	0.97	0.82	0.88	0.88	0.96	0.71	0.88	0.98	0.45	0.97	0.87	0.58	-0.84		0.89	0.97	0.54	0.77	0.97	0.9	0.9
Property Plant And Equipment Gross	0.97	0.95	0.85	0.9	0.97	0.91	0.82	0.94	0.89	0.95	0.52	0.89	0.94	0.45	0.89	0.96	0.39	-0.8	0.89		0.95	0.5	0.93	0.9	0.91	0.91
Total Current Assets	0.98	0.95	0.9	0.97	0.93	0.97	0.8	0.93	0.94	0.96	0.65	0.94	0.99	0.43	0.94	0.92	0.53	-0.84	0.97	0.95		0.52	0.84	0.96	0.93	0.93
Short Term Debt	0.53	0.51	0.4	0.67	0.49	0.55	0.49	0.47	0.43	0.54	0.52	0.43	0.51	0.13	0.41	0.4	0.28	-0.53	0.54	0.5	0.52		0.43	0.42	0.54	0.54
Intangible Assets	0.91	0.91	0.82	0.78	0.95	0.75	0.83	0.8	0.75	0.9	0.44	0.75	0.82	0.63	0.82	0.94	0.38	-0.59	0.77	0.93	0.84	0.43		0.79	0.74	0.74
Accounts Payable	0.95	0.94	0.95	0.95	0.86	0.95	0.86	0.9	0.84	0.94	0.61	0.84	0.98	0.39	0.94	0.93	0.5	-0.82	0.97	0.9	0.96	0.42	0.79		0.91	0.91
Common Stock Total Equity	0.89	0.89	0.82	0.92	0.84	0.97	0.79	0.94	0.84	0.87	0.55	0.84	0.93	0.12	0.84	0.88	0.42	-0.89	0.9	0.91	0.93	0.54	0.74	0.91		1.0
Common Stock	0.89	0.89	0.82	0.92	0.84	0.97	0.79	0.94	0.84	0.87	0.55	0.84	0.93	0.12	0.84	0.88	0.42	-0.89	0.9	0.91	0.93	0.54	0.74	0.91	1.0

Click cells to compare fundamentals

SPX Corp Account Relationship Matchups

SPX Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.3B	2.6B	1.9B	2.4B	3.6B
Short Long Term Debt Total	393.5M	412.4M	246M	246.8M	558.3M	980.7M
Other Current Liab	222.6M	362.2M	230.9M	137.9M	185.8M	336.1M
Total Current Liabilities	608.6M	584.9M	439.5M	333.8M	401.2M	381.1M
Total Stockholder Equity	502.4M	629.2M	1.1B	1.1B	1.2B	1.1B
Property Plant And Equipment Net	179.1M	189.7M	113.3M	109.9M	140.5M	133.5M
Net Debt	338.8M	344.1M	(142.2M)	99M	458.9M	713.8M
Retained Earnings	(584.8M)	(488.1M)	(51.8M)	(51.6M)	38.3M	36.4M
Cash	54.7M	68.3M	388.2M	147.8M	99.4M	94.4M
Non Current Assets Total	1.5B	1.6B	1.7B	1.2B	1.7B	2.2B
Non Currrent Assets Other	605.9M	616.6M	689.3M	204.5M	168.1M	159.7M
Cash And Short Term Investments	54.7M	68.3M	388.2M	147.8M	99.4M	94.4M
Net Receivables	329.3M	243.3M	252.3M	287.4M	296.4M	281.6M
Common Stock Shares Outstanding	45.0M	45.8M	46.5M	46.2M	46.6M	51.4M
Liabilities And Stockholders Equity	2.1B	2.3B	2.6B	1.9B	2.4B	3.6B
Non Current Liabilities Total	1.0B	1.1B	1.1B	517.9M	843.9M	1.6B
Inventory	154.9M	162M	189.8M	244M	276.7M	358.4M
Other Current Assets	93.2M	212.8M	73.1M	41.9M	37.1M	35.2M
Other Stockholder Equity	842.4M	868.3M	890.3M	872.8M	894.7M	939.4M
Total Liab	1.6B	1.7B	1.5B	851.7M	1.2B	1.2B
Property Plant And Equipment Gross	179.1M	189.7M	308.2M	311M	355.7M	399.7M
Total Current Assets	632.1M	682.6M	903.4M	721.1M	709.6M	674.1M
Accumulated Other Comprehensive Income	244.3M	248.5M	263.9M	257.5M	261.1M	274.2M
Short Term Debt	143.6M	107.4M	22.9M	14.4M	46.5M	44.2M
Intangible Assets	251.7M	305M	415.5M	401.6M	680.8M	825.0M
Accounts Payable	141.6M	102.1M	119.6M	124.5M	118.7M	112.8M
Other Liab	755.9M	779.6M	855.4M	241.1M	277.3M	263.4M
Other Assets	591.6M	622M	739.1M	190.7M	219.3M	208.3M
Long Term Debt	249.9M	304M	230.8M	243M	523.1M	864.6M
Treasury Stock	(460M)	(451.6M)	(443.9M)	(465.5M)	(419.0M)	(439.9M)
Property Plant Equipment	483.2M	504.1M	113.3M	311M	279.9M	390.2M
Good Will	449.3M	499.9M	457.3M	455.3M	704.8M	1.0B
Current Deferred Revenue	100.8M	103.5M	44.7M	52.8M	73.5M	69.8M
Net Tangible Assets	(198.6M)	(175.7M)	230.1M	222.3M	255.6M	268.4M
Retained Earnings Total Equity	(584.8M)	(488.1M)	(51.8M)	(51.6M)	(46.4M)	(44.1M)
Long Term Debt Total	249.9M	304M	230.8M	243M	218.7M	207.8M

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When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:

How To Invest In SPX

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Is SPX Stock a good investment?

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What is SPX Corp's Net Worth?

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Largest Industrial Machinery & Supplies & Components Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SPX Corp. If investors know SPX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SPX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.218

Earnings Share

3.77

Revenue Per Share

41.721

Quarterly Revenue Growth

0.078

Return On Assets

0.074

The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SPX Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

SPX Corp fundamental ratios Correlations

SPX Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SPX Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Net Receivables
Short Long Term Debt Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets

Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.9	Property Plant And Equipment Net
Common Stock	- 0.89	Other Stockholder Equity
Common Stock Total Equity	- 0.89	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Total Current Liabilities
Other Stockholder Equity	- 0.85	Net Receivables