Spirax-Sarco Engineering plc
Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum pac… Read more
Spirax-Sarco Engineering plc (SPXSF) - Total Assets
Latest total assets as of December 2025: $2.66 Billion USD
Based on the latest financial reports, Spirax-Sarco Engineering plc (SPXSF) holds total assets worth $2.66 Billion 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.
Spirax-Sarco Engineering plc - Total Assets Trend (1985–2025)
This chart illustrates how Spirax-Sarco Engineering plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spirax-Sarco Engineering plc - Asset Composition Analysis
Current Asset Composition (December 2025)
Spirax-Sarco Engineering plc's total assets of $2.66 Billion consist of 39.4% current assets and 60.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.9% |
| Accounts Receivable | $336.25 Million | 12.6% |
| Inventory | $252.36 Million | 9.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $396.04 Million | 14.9% |
| Goodwill | $663.19 Million | 24.9% |
Asset Composition Trend (1985–2025)
This chart illustrates how Spirax-Sarco Engineering 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spirax-Sarco Engineering 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-Sarco Engineering plc Competitors by Total Assets
Key competitors of Spirax-Sarco Engineering plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Spirax-Sarco Engineering plc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Spirax-Sarco Engineering plc generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Spirax-Sarco Engineering plc generates $6.14 in net profit.
Spirax-Sarco Engineering 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 | $481.92 Million | $ 453.80 Million | $ 464.50 Million |
Spirax-Sarco Engineering plc - Advanced Valuation Insights
This section examines the relationship between Spirax-Sarco Engineering 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 | 4.62 |
| Latest Market Cap to Assets Ratio | 2.20 |
| Asset Growth Rate (YoY) | 0.6% |
| Total Assets | $2.66 Billion |
| Market Capitalization | $5.84 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Spirax-Sarco Engineering plc's assets at a significant premium ( 2.20x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Spirax-Sarco Engineering 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-Sarco Engineering plc (1985–2025)
The table below shows the annual total assets of Spirax-Sarco Engineering plc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.66 Billion | +0.59% |
| 2024-12-31 | $2.65 Billion | -2.34% |
| 2023-12-31 | $2.71 Billion | -2.75% |
| 2022-12-31 | $2.78 Billion | +49.47% |
| 2021-12-31 | $1.86 Billion | +6.77% |
| 2020-12-31 | $1.75 Billion | +3.00% |
| 2019-12-31 | $1.69 Billion | +9.04% |
| 2018-12-31 | $1.55 Billion | +5.24% |
| 2017-12-31 | $1.48 Billion | +70.89% |
| 2016-12-31 | $864.00 Million | +24.91% |
| 2015-12-31 | $691.67 Million | -6.47% |
| 2014-12-31 | $739.48 Million | +6.14% |
| 2013-12-31 | $696.70 Million | +2.50% |
| 2012-12-31 | $679.74 Million | +5.59% |
| 2011-12-31 | $643.75 Million | +4.93% |
| 2010-12-31 | $613.49 Million | +13.85% |
| 2009-12-31 | $538.86 Million | +4.77% |
| 2008-12-31 | $514.31 Million | +40.75% |
| 2007-12-31 | $365.41 Million | +13.12% |
| 2006-12-31 | $323.03 Million | -6.25% |
| 2005-12-31 | $344.58 Million | +10.02% |
| 2004-12-31 | $313.21 Million | +6.68% |
| 2003-12-31 | $293.60 Million | +4.72% |
| 2002-12-31 | $280.37 Million | +2.87% |
| 2001-12-31 | $272.55 Million | +0.05% |
| 2000-12-31 | $272.42 Million | +9.39% |
| 1999-12-31 | $249.04 Million | -3.01% |
| 1998-12-31 | $256.76 Million | +7.46% |
| 1997-12-31 | $238.93 Million | +0.75% |
| 1996-12-31 | $237.15 Million | +2.31% |
| 1995-12-31 | $231.80 Million | +16.48% |
| 1994-12-31 | $199.00 Million | +3.44% |
| 1993-12-31 | $192.39 Million | +20.27% |
| 1992-12-31 | $159.96 Million | +19.61% |
| 1991-12-31 | $133.74 Million | +3.39% |
| 1990-12-31 | $129.36 Million | +5.46% |
| 1989-12-31 | $122.67 Million | +16.94% |
| 1988-12-31 | $104.90 Million | +11.58% |
| 1987-12-31 | $94.01 Million | -1.03% |
| 1986-12-31 | $94.99 Million | +12.48% |
| 1985-12-31 | $84.45 Million | -- |