Is it safe?
Can SPXC take a bad year?
SPX Technologies, Inc. carries $518M of net debt at 1.04× EBITDA: a load its earnings can carry.
$518M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.04×
Net debt / EBITDA · 1.92× a year ago · the load is coming down
- Altman Z-score
- 6.74
Altman Z-score · safe zone, above 3
- Interest cover
- 8.40×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $674M
- Cash and short-term investments
- $157M
- Net debt
- $518M
- EBITDA, trailing twelve months
- $499M
- Operating profit, trailing twelve months
- $372M
- Debt / equity
- 0.29×
- Total debt / EBITDA
- 1.35×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −50%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Building Products & Equipment
Ranks #10 of 18 by Smart Score