Spirax Group plc (SPX) — Net Asset Quality Index
Spirax Group plc (SPX) has a Net Asset Quality Index of 45.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX2.66 Billion minus total liabilities of GBX1.44 Billion yields net assets of GBX1.22 Billion. A higher index indicates a stronger, lower-leverage balance sheet. For live market cap and overall valuation, see market cap of Spirax Group plc.
Quality Index
Net Assets
Total Assets
Total Liabilities
Spirax Group plc Net Asset Quality Index Over Time (1985–2025)
This chart shows how Spirax Group plc's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the index stands at 45.9%, representing net assets of GBX1.22 Billion against total assets of GBX2.66 Billion GBX. See what is Spirax Group plc's book value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Spirax Group plc (1985–2025)
The table below presents the year-by-year Net Asset Quality Index for Spirax Group plc from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Spirax Group plc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.9% | GBX1.22 Billion | GBX2.66 Billion | GBX1.44 Billion | ▲ +0.2 pp |
| 2024 | 45.7% | GBX1.21 Billion | GBX2.65 Billion | GBX1.44 Billion | ▲ +3.0 pp |
| 2023 | 42.7% | GBX1.16 Billion | GBX2.71 Billion | GBX1.55 Billion | ▲ +0.7 pp |
| 2022 | 42.0% | GBX1.17 Billion | GBX2.78 Billion | GBX1.62 Billion | ▼ -12.2 pp |
| 2021 | 54.2% | GBX1.01 Billion | GBX1.86 Billion | GBX853.20 Million | ▲ +5.3 pp |
| 2020 | 48.9% | GBX852.30 Million | GBX1.74 Billion | GBX889.10 Million | ▲ +4.4 pp |
| 2019 | 44.5% | GBX826.30 Million | GBX1.86 Billion | GBX1.03 Billion | ▼ -4.8 pp |
| 2018 | 49.4% | GBX766.90 Million | GBX1.55 Billion | GBX786.90 Million | ▲ +8.1 pp |
| 2017 | 41.3% | GBX609.50 Million | GBX1.48 Billion | GBX867.00 Million | ▼ -19.4 pp |
| 2016 | 60.7% | GBX524.40 Million | GBX864.00 Million | GBX339.60 Million | ▲ +3.1 pp |
| 2015 | 57.6% | GBX398.31 Million | GBX691.67 Million | GBX293.36 Million | ▼ -2.2 pp |
| 2014 | 59.8% | GBX441.88 Million | GBX739.48 Million | GBX297.61 Million | ▲ +1.8 pp |
| 2013 | 57.9% | GBX403.53 Million | GBX696.70 Million | GBX293.17 Million | ▼ -6.3 pp |
| 2012 | 64.2% | GBX436.55 Million | GBX679.74 Million | GBX243.19 Million | ▲ +2.1 pp |
| 2011 | 62.2% | GBX400.12 Million | GBX643.75 Million | GBX243.63 Million | ▲ +0.3 pp |
| 2010 | 61.9% | GBX379.52 Million | GBX613.49 Million | GBX233.96 Million | ▲ +4.8 pp |
| 2009 | 57.0% | GBX307.36 Million | GBX538.86 Million | GBX231.50 Million | ▼ -0.5 pp |
| 2008 | 57.6% | GBX296.01 Million | GBX514.31 Million | GBX218.31 Million | ▼ -8.9 pp |
| 2007 | 66.5% | GBX242.97 Million | GBX365.41 Million | GBX122.44 Million | ▲ +4.7 pp |
| 2006 | 61.8% | GBX199.72 Million | GBX323.03 Million | GBX123.31 Million | ▲ +4.3 pp |
| 2005 | 57.5% | GBX198.25 Million | GBX344.58 Million | GBX146.34 Million | ▲ +4.4 pp |
| 2004 | 53.1% | GBX166.29 Million | GBX313.21 Million | GBX146.93 Million | ▼ -2.7 pp |
| 2003 | 55.8% | GBX163.82 Million | GBX293.60 Million | GBX129.78 Million | ▲ +2.5 pp |
| 2002 | 53.2% | GBX149.29 Million | GBX280.37 Million | GBX131.08 Million | ▲ +0.0 pp |
| 2001 | 53.2% | GBX145.12 Million | GBX272.55 Million | GBX127.43 Million | ▲ +2.5 pp |
| 2000 | 50.8% | GBX138.26 Million | GBX272.42 Million | GBX134.16 Million | ▼ -0.9 pp |
| 1999 | 51.7% | GBX128.74 Million | GBX249.04 Million | GBX120.31 Million | ▼ -1.4 pp |
| 1998 | 53.0% | GBX136.20 Million | GBX256.76 Million | GBX120.56 Million | ▼ -0.9 pp |
| 1997 | 53.9% | GBX128.77 Million | GBX238.93 Million | GBX110.16 Million | ▲ +3.3 pp |
| 1996 | 50.6% | GBX119.90 Million | GBX237.15 Million | GBX117.25 Million | ▼ -2.3 pp |
| 1995 | 52.9% | GBX122.52 Million | GBX231.80 Million | GBX109.27 Million | ▲ +1.2 pp |
| 1994 | 51.7% | GBX102.86 Million | GBX199.00 Million | GBX96.14 Million | ▲ +5.0 pp |
| 1993 | 46.7% | GBX89.90 Million | GBX192.39 Million | GBX102.49 Million | ▼ -8.9 pp |
| 1992 | 55.6% | GBX88.93 Million | GBX159.96 Million | GBX71.03 Million | ▲ +2.0 pp |
| 1991 | 53.6% | GBX71.66 Million | GBX133.74 Million | GBX62.08 Million | ▲ +4.5 pp |
| 1990 | 49.1% | GBX63.49 Million | GBX129.36 Million | GBX65.87 Million | ▼ -12.7 pp |
| 1989 | 61.8% | GBX75.82 Million | GBX122.67 Million | GBX46.84 Million | ▼ -3.1 pp |
| 1988 | 64.9% | GBX68.12 Million | GBX104.90 Million | GBX36.77 Million | ▼ -1.5 pp |
| 1987 | 66.4% | GBX62.45 Million | GBX94.01 Million | GBX31.56 Million | ▲ +1.1 pp |
| 1986 | 65.4% | GBX62.08 Million | GBX94.99 Million | GBX32.91 Million | ▲ +4.4 pp |
| 1985 | 61.0% | GBX51.51 Million | GBX84.45 Million | GBX32.94 Million | — |