Spirax-Sarco Engineering plc

Spirax-Sarco Engineering plcverified

SPX.L

Price:

$7477.473

Market Cap:

$5.49B

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps a...[Read more]

Industry

Industrial - Machinery

IPO Date

1988-07-01

Stock Exchange

LSE

Ticker

SPX.L

The Current Ratio as of September 2024 (TTM) for Spirax-Sarco Engineering plc (SPX.L) is 2.25

According to Spirax-Sarco Engineering plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.25. This represents a change of 13.62% compared to the average of 1.98 of the last 4 quarters.

Spirax-Sarco Engineering plc (SPX.L) Historical Current Ratio (quarterly & annually)

How has SPX.L Current Ratio performed in the past?

The mean historical Current Ratio of Spirax-Sarco Engineering plc over the last ten years is 2.45. The current 2.25 Current Ratio has changed 9.10% with respect to the historical average. Over the past ten years (40 quarters), SPX.L's Current Ratio was at its highest in in the June 2013 quarter at 3.33. The Current Ratio was at its lowest in in the December 2022 quarter at 1.65.

Quarterly (TTM)
Annual

Average

2.45

Median

2.41

Minimum

1.65

Maximum

3.13

Spirax-Sarco Engineering plc (SPX.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Spirax-Sarco Engineering plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 56.51%

Maximum Annual Current Ratio = 3.13

Minimum Annual Increase = -30.68%

Minimum Annual Current Ratio = 1.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.2636.59%
20221.65-21.52%
20212.11-30.68%
20203.0456.51%
20191.94-22.01%
20182.496.72%
20172.33-15.98%
20162.77-11.22%
20153.1311.69%
20142.803.55%

Spirax-Sarco Engineering plc (SPX.L) Average Current Ratio

How has SPX.L Current Ratio performed in the past?

The current Current Ratio of Spirax-Sarco Engineering plc (SPX.L) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

2.01

5-year avg

2.20

10-year avg

2.45

Spirax-Sarco Engineering plc (SPX.L) Current Ratio vs. Peers

How is SPX.L’s Current Ratio compared to its peers?

Spirax-Sarco Engineering plc’s Current Ratio is less than Halma plc (2.45), less than Croda International Plc (2.72), less than Rotork plc (3.21), greater than Intertek Group plc (1.27), less than Spectris plc (2.36),

CompanyCurrent RatioMarket cap
2.45$9.97B
2.72$5.70B
3.21$2.82B
1.27$8.14B
2.36$2.72B

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