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SPX Technologies SPXC South Africa — Other assets

Discontinued — last reported Q1 '23

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Other financials

Income statement

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Revenue$566.8M+17.4%
Gross profit$230.6M+17.7%
Operating income$87.7M+31.7%
Net income$59.9M+17.0%
EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$158.3M-13.1%
Total debt$697.6M-31.7%
Total equity$2.3B+58.3%
Total assets$3.9B+23.6%

Cash flow

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Operating cash flow$30.6M+381%
CapEx$18.5M+236%
Free cash flow$12.1M+174%

Valuation

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Market cap$12.16B+67.0%
Enterprise value$12.7B+54.3%
P/E48.1×+12.2×
P/S5.2×+1.5×

Profitability

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Gross margin40.5%-0.1pp
Operating margin15.8%+0.3pp
Net margin10.8%+0.6pp
FCF margin11.5%-0.1pp

Returns & leverage

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Return on equity13.6%-1.6pp
Debt / equity0.3×-0.4×
Current ratio2.1×+0.2×

Where this comes from

Reported directly by SPX Technologies in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsNoncurrent.

The official record: SPX Technologies’s 10-Q, filed May 5, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is SPX Technologies's south africa — other assets?
SPX Technologies (SPXC) reported south africa — other assets of $327.5M in Q1 2023.
How has SPX Technologies's south africa — other assets changed year-over-year?
SPX Technologies's south africa — other assets decreased by 21.7% year-over-year, from $418.3M to $327.5M.
What does south africa — other assets mean?
This metric aggregates miscellaneous assets held within the South Africa geographic segment that do not fit into standard categories like inventory, property, plant, or equipment. It typically includes items such as prepaid expenses, long-term deposits, or non-core financial instruments specific to local operations. Monitoring this helps identify the scale of non-operating capital tied up in the region.