Spirax Group plc (SPX) - Total Assets
Based on the latest financial reports, Spirax Group plc (SPX) holds total assets worth GBX2.66 Billion GBX (≈ $323.78K USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how well can Spirax Group plc service its debt to assess how comfortably operating cash covers total debt obligations.
Spirax Group plc - Total Assets Trend (1985–2025)
This chart illustrates how Spirax Group plc's total assets have evolved over time, based on quarterly financial data. See net assets of Spirax Group plc for net asset value and shareholders' equity analysis.
Spirax Group plc - Asset Composition Analysis
Current Asset Composition (December 2025)
Spirax Group plc's total assets of GBX2.66 Billion consist of 39.4% current assets and 60.6% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 13.9% |
| Accounts Receivable | GBX336.30 Million | 12.6% |
| Inventory | GBX252.40 Million | 9.5% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX396.10 Million | 14.9% |
| Goodwill | GBX663.30 Million | 24.9% |
Asset Composition Trend (1985–2025)
This chart illustrates how Spirax Group plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Spirax Group plc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spirax Group plc's current assets represent 39.4% of total assets in 2025, a decrease from 76.8% in 1985.
- Cash Position: Cash and equivalents constituted 13.9% of total assets in 2025, down from 18.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 24.9% of total assets.
Spirax Group plc Competitors by Total Assets
Key competitors of Spirax Group plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Shipbuilding Industry Group Power Co Ltd
SHG:600482
|
China | CN¥119.97 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $1.20 Billion |
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
China | CN¥10.76 Billion |
|
China Railway Construction Heavy Industry Corp Ltd
SHG:688425
|
China | CN¥27.33 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Hpsp Co Ltd
KQ:403870
|
Korea | ₩392.68 Billion |
|
Mtar Technologies Limited
NSE:MTARTECH
|
India | Rs11.74 Billion |
Spirax Group plc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.85 | 1.85 | 3.04 |
| Quick Ratio | 1.41 | 1.38 | 2.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX482.00 Million | GBX453.80 Million | GBX464.50 Million |
Spirax Group plc - Advanced Valuation Insights
This section examines the relationship between Spirax Group plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.50 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.6% |
| Total Assets | GBX2.66 Billion |
| Market Capitalization | $58.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spirax Group plc's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Spirax Group plc's assets grew by 0.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Spirax Group plc (1985–2025)
The table below shows the annual total assets of Spirax Group plc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | GBX2.66 Billion ≈ $323.78K |
+0.61% |
| 2024-12-31 | GBX2.65 Billion ≈ $321.82K |
-2.34% |
| 2023-12-31 | GBX2.71 Billion ≈ $329.53K |
-2.75% |
| 2022-12-31 | GBX2.78 Billion ≈ $338.84K |
+49.47% |
| 2021-12-31 | GBX1.86 Billion ≈ $226.70K |
+6.99% |
| 2020-12-31 | GBX1.74 Billion ≈ $211.88K |
-6.19% |
| 2019-12-31 | GBX1.86 Billion ≈ $225.87K |
+19.47% |
| 2018-12-31 | GBX1.55 Billion ≈ $189.05K |
+5.24% |
| 2017-12-31 | GBX1.48 Billion ≈ $179.65K |
+70.89% |
| 2016-12-31 | GBX864.00 Million ≈ $105.12K |
+24.91% |
| 2015-12-31 | GBX691.67 Million ≈ $84.16K |
-6.47% |
| 2014-12-31 | GBX739.48 Million ≈ $89.97K |
+6.14% |
| 2013-12-31 | GBX696.70 Million ≈ $84.77K |
+2.50% |
| 2012-12-31 | GBX679.74 Million ≈ $82.70K |
+5.59% |
| 2011-12-31 | GBX643.75 Million ≈ $78.33K |
+4.93% |
| 2010-12-31 | GBX613.49 Million ≈ $74.64K |
+13.85% |
| 2009-12-31 | GBX538.86 Million ≈ $65.56K |
+4.77% |
| 2008-12-31 | GBX514.31 Million ≈ $62.58K |
+40.75% |
| 2007-12-31 | GBX365.41 Million ≈ $44.46K |
+13.12% |
| 2006-12-31 | GBX323.03 Million ≈ $39.30K |
-6.25% |
| 2005-12-31 | GBX344.58 Million ≈ $41.93K |
+10.02% |
| 2004-12-31 | GBX313.21 Million ≈ $38.11K |
+6.68% |
| 2003-12-31 | GBX293.60 Million ≈ $35.72K |
+4.72% |
| 2002-12-31 | GBX280.37 Million ≈ $34.11K |
+2.87% |
| 2001-12-31 | GBX272.55 Million ≈ $33.16K |
+0.05% |
| 2000-12-31 | GBX272.42 Million ≈ $33.15K |
+9.39% |
| 1999-12-31 | GBX249.04 Million ≈ $30.30K |
-3.01% |
| 1998-12-31 | GBX256.76 Million ≈ $31.24K |
+7.46% |
| 1997-12-31 | GBX238.93 Million ≈ $29.07K |
+0.75% |
| 1996-12-31 | GBX237.15 Million ≈ $28.85K |
+2.31% |
| 1995-12-31 | GBX231.80 Million ≈ $28.20K |
+16.48% |
| 1994-12-31 | GBX199.00 Million ≈ $24.21K |
+3.44% |
| 1993-12-31 | GBX192.39 Million ≈ $23.41K |
+20.27% |
| 1992-12-31 | GBX159.96 Million ≈ $19.46K |
+19.61% |
| 1991-12-31 | GBX133.74 Million ≈ $16.27K |
+3.39% |
| 1990-12-31 | GBX129.36 Million ≈ $15.74K |
+5.46% |
| 1989-12-31 | GBX122.67 Million ≈ $14.92K |
+16.94% |
| 1988-12-31 | GBX104.90 Million ≈ $12.76K |
+11.58% |
| 1987-12-31 | GBX94.01 Million ≈ $11.44K |
-1.03% |
| 1986-12-31 | GBX94.99 Million ≈ $11.56K |
+12.48% |
| 1985-12-31 | GBX84.45 Million ≈ $10.28K |
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About Spirax Group plc
Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: Steam Thermal Solutions, Electric Thermal Solutions, and Watson-Marlow Fluid Technology Solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energ… Read more