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SPX Technologies (SPX Technologies) Net Debt Paydown Yield % : -5.54% (As of Apr. 29, 2024)


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What is SPX Technologies Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, SPX Technologies's Net Debt Paydown Yield % was -5.54%.


SPX Technologies Net Debt Paydown Yield % Historical Data

The historical data trend for SPX Technologies's Net Debt Paydown Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SPX Technologies Net Debt Paydown Yield % Chart

SPX Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 -3.12 5.60 2.74 -6.75

SPX Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 0.82 -3.27 -6.29 -6.75

Competitive Comparison of SPX Technologies's Net Debt Paydown Yield %

For the Building Products & Equipment subindustry, SPX Technologies's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SPX Technologies's Net Debt Paydown Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where SPX Technologies's Net Debt Paydown Yield % falls into.



SPX Technologies Net Debt Paydown Yield % Calculation

SPX Technologies's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 244-555.43 )/4613.591346
=-6.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


SPX Technologies  (NYSE:SPXC) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


SPX Technologies Net Debt Paydown Yield % Related Terms

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SPX Technologies (SPX Technologies) Business Description

Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
Executives
Natausha Heleena White officer: VP and CHRO C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
J Randall Data officer: Pres. - S. Africa & Global Op. 13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277
Wayne M. Mclaren officer: Chief Accounting Officer C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
John Webster Nurkin officer: VP, Gen. Counsel & Secretary C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Mark A Carano officer: VP, CFO & Treasurer 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Sean Mcclenaghan officer: PRESIDENT, GLOBAL COOLING SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Swann John William Iii officer: Pres., Heating and Location & C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Andrew Reilly officer: Corp. Controller and CAO 2007 CHANNELSTONE WAY, MATTHEWS NC 28104
Lowe Eugene Joseph Iii director, officer: President and CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
James E Harris officer: VP, CFO and Treasurer C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Ankush Kumar officer: President, SPX Global Cooling C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
Brian G. Mason officer: Pres. - SPX Transformer Sol. C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Angel S Willis director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Scott William Sproule officer: VP, CFO and Treasurer C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Meenal Sethna director 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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