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. See how many days can Spirax Group plc fund operations to measure how many days the company can operate on defensive assets alone.
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. Explore Spirax Group plc operating cash flow efficiency to assess how effectively this company generates cash.
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. For market capitalisation and the full company profile, see SPX market cap overview.
| 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 | — |