SPX Corp
Buy or Sell?

I guess you are interested in SPX Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's start. I'm going to help you getting a better view of SPX Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Company's Financial Health
A deep dive into the books. How are the numbers doing? Is SPX Corp even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
Market Valuation
Finally, you now have an insight of how SPX Corp is doing in the market. If the company is worth buying. The latest step is to find out how other investors value SPX Corp. The closing price on 2022-09-23 was $54.14 per share. Is the company over- or underpriced?
Key Performance Indicators
A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.

Daily chart of SPX Corp

1.1. Profitability of SPX Corp.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much profit a company generates for each dollar of revenue.
Above 10% is considered healthy depending on the industry.
A net profit margin of 25% means that $0,25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SPX Corp:

The MRQ is 3.7%. Very low, is it enough? Compare to industry. -1
The TTM is 31.3%. Very good. +2

Trends

Current period		Compared to		+/-
MRQ	3.7%	TTM	31.3%	-27.6%
TTM	31.3%	YOY	9.8%	+21.5%
TTM	31.3%	5Y	11.8%	+19.5%
5Y	11.8%	10Y	5.5%	+6.3%

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	3.7%	5.7%	-2.0%
TTM	31.3%	4.3%	+27.0%
YOY	9.8%	5.1%	+4.7%
5Y	11.8%	4.5%	+7.3%
10Y	5.5%	4.7%	+0.8%

Measures how much profit a company generates for each dollar of revenue (shown as a percentage or decimal).

In other words, how much money is leftover after each $1 in sales when every expense (wages, production cost, transport, etc.) is paid.

How to use net profit margin

A net profit margin of 25% means that $0,25 for each $1 in revenue is generated as profit.

You typically want a high profit margin. This means that for each $1 in sales the company makes more profit. This shows the investor how the business is run in general and compared to other companies in the same industry.

Higher profit margin is better (more profit)
Above 10% is considered healthy but this depends on the industry
Can be very different between industries
Can be used to compare companies

The three steps every investor should look at:

What is the current net profit margin?
What is the long term trend?
How does it compare to the industry?

Why do investors use net profit margin in their analysis

Helps to determine the company's efficiency. If profit margins remain low (below 10%) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs.

Things to be aware of

Only compare with other companies in the same industry
Net profit margin should rise over the years
Can be influenced when a company sells assets (profit will increase while costs remain the same)
It won’t show what part of the company is doing great or needs improvement (it only looks at total revenue and total net income)

How to calculate net profit margin

Net profit margin = net income / revenue * 100%

A real life example of Tesla. You need the following data to determine net profit margin:

Income statement Tesla

Net profit margin = net income / revenue * 100%
$2,259,000 / $16,934,000 = 0,133 * 100% = 13.3%

Tesla generated $0,13 for each $1 in revenue.

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficient with their operational costs and other things.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how profitable a company is in relation to its total assets.
Above 5% is considered healthy depending on the industry.
5% return on assets means the company generated $0,05 for each $1 in assets.

Let's take a look of the Return on Assets trends of SPX Corp:

The MRQ is 0.5%. Bad. -1
The TTM is 3.6%. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
MRQ	0.5%	TTM	3.6%	-3.1%
TTM	3.6%	YOY	1.5%	+2.2%
TTM	3.6%	5Y	1.7%	+1.9%
5Y	1.7%	10Y	0.9%	+0.7%

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	0.5%	1.0%	-0.5%
TTM	3.6%	0.9%	+2.7%
YOY	1.5%	1.0%	+0.5%
5Y	1.7%	0.9%	+0.8%
10Y	0.9%	1.0%	-0.1%

Shows how profitable a company is in relation to its total assets. In other words, how effectively the company is using their resources to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

keypoint text= 5% return on assets means the company generated $0,05 for each $1 in assets.

Higher is better
Above 5% is considered healthy
Can be very different between industries
Can be used to compare companies

An investor should always look at:

The current return on assets
The long term trend
How it compares to the industry (the competition)

Why do investors use return on assets in their analysis

Shows the investor how effectively the company is using its resources to generate profits.

Things to be aware of

Only compare with other companies in the same industry
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

A real life example of Tesla. You need the following data to determine ROA:

Return on assets = net income / total assets * 100%
$2,259,000 / $68,513,000 = 0,0329 * 100% = 3,3%

Tesla generated $0,03 for each $1 in assets.

ROA is an important ratio as it will tell you how effectively the company is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return On Equity

Measures the profit in relation to shareholders equity (total assets - total liabilities).
Above 15%-20% is considered healthy depending on the industry
10% return on equity means the company generated $0,1 for each $1 the owners (shareholders) invested.

Let's take a look of the Return On Equity trends of SPX Corp:

The MRQ is 1.2%. Bad. -1
The TTM is 8.5%. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
MRQ	1.2%	TTM	8.5%	-7.3%
TTM	8.5%	YOY	5.1%	+3.4%
TTM	8.5%	5Y	6.3%	+2.2%
5Y	6.3%	10Y	2.3%	+4.0%

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	1.2%	2.2%	-1.0%
TTM	8.5%	2.0%	+6.5%
YOY	5.1%	2.1%	+3.0%
5Y	6.3%	1.9%	+4.4%
10Y	2.3%	1.9%	+0.4%

1.2. Operating Efficiency of SPX Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how much profit a company makes for each $1 of sales after paying variable costs (production costs, wages) but before taxes.
Above 15% is considered healthy depending on the industry
An operating margin of 20% means the company generated $0,2 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SPX Corp:

The MRQ is 5.6%. Neutral. Compare to industry.
The TTM is 32.9%. Very good. +2

Trends

Current period		Compared to		+/-
MRQ	5.6%	TTM	32.9%	-27.3%
TTM	32.9%	YOY	11.7%	+21.1%
TTM	32.9%	5Y	13.0%	+19.9%
5Y	13.0%	10Y	7.5%	+5.5%

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	5.6%	7.1%	-1.5%
TTM	32.9%	5.4%	+27.5%
YOY	11.7%	6.2%	+5.5%
5Y	13.0%	5.6%	+7.4%
10Y	7.5%	4.5%	+3.0%

1.2.2. Operating Ratio

Measures how efficient the company is creating its products or services while keeping operating costs low.
Below 1 is considered healthy depending on the industry
An operation ratio of 0.5 means that the operating costs are $0,5 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of SPX Corp:

The MRQ is 0.923. Very good. +2
The TTM is 0.946. Very good. +2

Trends

Current period		Compared to		+/-
MRQ	0.923	TTM	0.946	-0.024
TTM	0.946	YOY	0.927	+0.019
TTM	0.946	5Y	0.935	+0.012
5Y	0.935	10Y	0.860	+0.074

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	0.923	1.619	-0.696
TTM	0.946	1.572	-0.626
YOY	0.927	1.535	-0.608
5Y	0.935	1.448	-0.513
10Y	0.860	1.164	-0.304

Measures how efficient the company is creating its products or services while keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

keypoint text= An operation ratio of 0.5 means that the operating costs are $0,5 for each $1 in net sales.

Lower is better
Below 1 is considered healthy (always use industry average)
Can be very different between industries
Can be used to compare companies

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

Things to be aware of

Only compare with other companies in the same industry
You need COGS (Cost Of Goods Sold) to calculate operating ratio which is not always shown in the income statement
Does not consider debt

The three steps every investor should look at:

What is the current net operating ratio?
What is the long term trend?
How does it compare to the industry?

How to calculate operating ratio

Operating ratio = Operating expenses plus COGS \ Net sales

Real life example

A real life example of Tesla. You need the following data to determine operating ratio:

Income statement

COGS is not specified on the income statement so we use the following calculation:

(cost of revenue plus total operating expenses) / total revenue
($12,700,000 plus $1,628,000) / $16,934,000 = 0.84

Tesla's operating costs are $0,84 for each $1 in net sales.

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of SPX Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if the company is able to pay off short-term debts (debts due within 1 year).
Above 1 is considered healthy depending on the industry.
A current ratio of 1.5 means the company has $1.5 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of SPX Corp:

The MRQ is 2.115. Good. +1
The TTM is 2.108. Good. +1

Trends

Current period		Compared to		+/-
MRQ	2.115	TTM	2.108	+0.007
TTM	2.108	YOY	1.195	+0.913
TTM	2.108	5Y	1.371	+0.737
5Y	1.371	10Y	1.366	+0.005

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	2.115	1.648	+0.467
TTM	2.108	1.626	+0.482
YOY	1.195	1.673	-0.478
5Y	1.371	1.567	-0.196
10Y	1.366	1.344	+0.022

Measures if the company is able to pay off short-term debts (debts due within 1 year).

How to use current ratio

A current ratio of 1.5 means the company has $1.5 in assets for each $1 in short term liabilities (debts).

Higher is better
Above 1 is considered healthy (always use industry average)
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason.

Things to be aware of

Only compare with other companies in the same industry
Might be deluded
Not all assets can always be quickly sold
Can be manipulated by increasing or decreasing the assets and/or liabilities

The three steps every investor should look at:

What is the current current ratio?
What is the long term trend?
How does it compare to the industry?

How to calculate current ratio

Current ratio = current assets / current liabilities

Real life example

A real life example of Tesla. You need the following data to determine operating ratio:

Balance sheet

Current ratio = current assets / current liabilities
$31,222,000 / $21,821,000 = 1.43

Tesla has $1.43 for each $1 in liabilities

The current ratio measures if the company is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
Ther liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts (loans)
Dividends
Income taxes
Accounts payable (customers that owe the company money)
Interest payments (outstanding bonds or other loans)

The current liabilities are also found in the balance sheet. To calculate the current ratio:

Current ratio = current assets / current liabilities

The result shows an investor if the company is able to pay all its short-term (<1 year) debts if they were due all at once. When the result of the above formula is below 1, then the company does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate the company is or will be in financial trouble anytime soon.

A current ratio of 1.5 indicates that the company has $1.5 in current assets to cover each $1 of liabilities. If this drops to $0.5 then the company can’t pay the debts if needed.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, account receivables (customers that owe the company money) may be quite old which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if the company is able to pay short-term debts (debts due within 1 year). But only uses the most liquid assets (cash, marketable securities and accounts retrievable).
Above 1 is considered healthy depending on the industry.
A quick ratio of 0,8 means the company can pay off $0,8 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SPX Corp:

The MRQ is 1.261. Healthy. +1
The TTM is 1.425. Healthy. +1

Trends

Current period		Compared to		+/-
MRQ	1.261	TTM	1.425	-0.164
TTM	1.425	YOY	0.699	+0.726
TTM	1.425	5Y	0.896	+0.529
5Y	0.896	10Y	0.890	+0.007

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	1.261	0.716	+0.545
TTM	1.425	0.738	+0.687
YOY	0.699	0.805	-0.106
5Y	0.896	0.761	+0.135
10Y	0.890	0.738	+0.152

1.4. Solvency of SPX Corp.

1.3. Liquidity

1.4.1. Debt To Asset Ratio

Shows if the company is owned by creditors or shareholders.
Below 1 (100%) is considered healthy depending on the industry
A debt to asset ratio of 0.45 (45%) means that the company is financed with 45% credit and 55% is financed by it's owners (shareholders).

Let's take a look of the Debt To Asset Ratio trends of SPX Corp:

The MRQ is 0.563. Healty. +1
The TTM is 0.571. Healty. +1

Trends

Current period		Compared to		+/-
MRQ	0.563	TTM	0.571	-0.008
TTM	0.571	YOY	0.719	-0.149
TTM	0.571	5Y	0.741	-0.170
5Y	0.741	10Y	0.749	-0.008

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	0.563	0.506	+0.057
TTM	0.571	0.503	+0.068
YOY	0.719	0.490	+0.229
5Y	0.741	0.499	+0.242
10Y	0.749	0.484	+0.265

1.4.2. Debt to Equity Ratio

Measures the total debt versus the total shareholders equity (total assets - total liabilities).
Below 2 is considered healthy depending on the industry.
A debt to equity ratio of 0.84 means that company has $0,84 debt for each $1 in equity.

Let's take a look of the Debt to Equity Ratio trends of SPX Corp:

The MRQ is 1.287. Healty. +1
The TTM is 1.330. Healty. +1

Trends

Current period		Compared to		+/-
MRQ	1.287	TTM	1.330	-0.043
TTM	1.330	YOY	2.574	-1.244
TTM	1.330	5Y	3.361	-2.031
5Y	3.361	10Y	3.682	-0.321

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	1.287	1.025	+0.262
TTM	1.330	1.035	+0.295
YOY	2.574	0.996	+1.578
5Y	3.361	1.031	+2.330
10Y	3.682	1.008	+2.674

2. Market Valuation of SPX Corp

2. Earnings

2.1. Price to Earnings Ratio

Compares the company's stock price to its earnings.
Above 15 is considered overpriced but is hard to determine (always use industry average).
A PE ratio of 15 means the investor is paying $15 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SPX Corp:

The EOD is 6.976. Very good. +2
The MRQ is 6.809. Very good. +2
The TTM is 6.141. Very good. +2

Trends

Current period		Compared to		+/-
EOD	6.976	MRQ	6.809	+0.168
MRQ	6.809	TTM	6.141	+0.667
TTM	6.141	YOY	23.359	-17.218
TTM	6.141	5Y	15.389	-9.248
5Y	15.389	10Y	9.626	+5.763

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
EOD	6.976	16.720	-9.744
MRQ	6.809	17.271	-10.462
TTM	6.141	20.391	-14.250
YOY	23.359	19.353	+4.006
5Y	15.389	20.727	-5.338
10Y	9.626	22.007	-12.381

Compares the company's stock price to its earnings.

Indicates if the company’s shares are under or overvalued. A very high PE ratio means that the price of the stock is much higher than the reported earnings.

How to use PE ratio

A PE ratio of 15 means the investor is paying $15 for every $1 in earnings

Above 15 is considered overpriced but is hard to determine (always use industry average)
Can be very different between industries
Can be used to compare companies

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

Things to be aware of

Only compare with other companies in the same industry
Some industries might have very high or very low PE ratios in general
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio

How to calculate PE ratio

PE ratio = market value per share / earnings per share (The market value per share is simply the current stock price. )

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) / end of period outstanding shares
Net profit = revenue - expenses
Outstanding shares can be found in the balance sheet

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price/Earnings-to-Growth Ratio

Let's take a look of the Price/Earnings-to-Growth Ratio trends of SPX Corp:

The MRQ is 0.041. Very good. +2
The TTM is 0.024. Very good. +2

Trends

Current period		Compared to		+/-
MRQ	0.041	TTM	0.024	+0.017
TTM	0.024	YOY	1.695	-1.671
TTM	0.024	5Y	0.033	-0.009
5Y	0.033	10Y	-0.996	+1.029

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
MRQ	0.041	0.037	+0.004
TTM	0.024	0.070	-0.046
YOY	1.695	0.003	+1.692
5Y	0.033	0.008	+0.025
10Y	-0.996	0.015	-1.011

2. Books

2.3. Price to Book Ratio

Shows if the stock is under or overvalued compared to it's book value (total assets - total liabilities).
At or below 1 is considered healthy
A PB ratio of 3 means the investor is paying $3 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of SPX Corp:

The EOD is 2.302. Good. +1
The MRQ is 2.247. Good. +1
The TTM is 2.296. Good. +1

Trends

Current period		Compared to		+/-
EOD	2.302	MRQ	2.247	+0.055
MRQ	2.247	TTM	2.296	-0.049
TTM	2.296	YOY	3.910	-1.614
TTM	2.296	5Y	3.597	-1.301
5Y	3.597	10Y	2.969	+0.628

Compared to industry (Specialty Industrial Machinery)

Period	Company	Industry (mean)	+/-
EOD	2.302	2.057	+0.245
MRQ	2.247	2.161	+0.086
TTM	2.296	2.410	-0.114
YOY	3.910	2.143	+1.767
5Y	3.597	1.916	+1.681
10Y	2.969	1.472	+1.497

Shows if the stock is under or overvalued compared to it's book value.

The book value of a company is what remains when you subtract total liabilities from total assets. This can also become negative which means the company has more debts than assets.

The price to book ratio shows the investor if the stock is under or overvalued. A high price to book ratio means that the investor is paying more for a share than the company has in total assets.

How to use PB ratio

A PB ratio of 3 means the investor is paying $3 for each $1 in book value.

Lower is better
At or below 1 is considered healthy
Can be very different between industries
Can be used to compare companies

Why do investors use PB ratio in their analysis

Helps investors to determine if the current stock price is under or overvalued. A low PB ratio means the company’s stock is trading for less than the leftover of total assets - total liabilities. PB ratios can also turn negative which means the company might be in serious financial trouble. In other words, the company has more liabilities than assets.

Things to be aware of

Only compare with other companies in the same industry
Negative PB ratio means that the company might be in serious financial trouble
A higher PB ratio than 1 also means that you are last in line (shareholders get paid last when a company defaults) when the company goes bankrupt for whatever reason.

How to calculate price to book ratio

Calculate the book value: total assets - total liabilities
Calculate book value per share: book value / total outstanding shares
Price to book ratio = share price / book value per share

Real life example

A real life example of Tesla. You need the following data to determine Price to book ratio:

1. Calculate the book value: total assets - total liabilities:

Book value = $68,513,000 - $30,855,000 = $37,658,000

2. Calculate book value per share:

Book value per share = $37,658,000 / total outstanding shares (can be found in the latest balance sheet):

Book value per share = $37,658,000 / 3,465,000 = $10.868

3. Price to book ratio = share price / $10.868:

MRQ (most recent quarter) PB ratio = $673.420 / $10.868 = $61,96

Investors are paying $61,96 for each $1 in book value. This is considered very overvalued.

The price to book ratio is another way to determine if a stock is under or overvalued. The PB ratio is used to compare the current stock price to its book value. In other words, the PB ratio is used to compare all the assets minus liabilities in relation to the stock price.

If the PB ratio is greater than 1 that means the stock is trading for a higher price than the intrinsic value of the company. Meaning, you pay more than what the company is worth. Although future growth is hard to measure. A higher PB ratio than 1 also means that you are last in line (shareholders get paid last when a company defaults) when the company goes bankrupt for whatever reason.

Book value is limited for companies that offer services because there are not many tangible assets on the balance sheet compared to large manufacturing companies. It also does not take brand names, patents and other things in consideration.

2.4. Latest News of SPX Corp

Does SPX Corp still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from SPX Corp to keep up to date. Note: the news is often already included in the price.

Date	Title	Read
2022-09-04 16:31	The total return for SPX Technologies (NYSE:SPXC) investors has risen faster than earnings growth over the last five years	Read

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of SPX Corp.

3.1. Institutions holding SPX Corp

Institutions are holding 95.356% of the shares of SPX Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2022-03-31	Vanguard Group Inc	10.5481	0.0056	4769080	29958	0.6321
2022-03-31	T. Rowe Price Associates, Inc.	10.1932	0.023	4608612	205157	4.659
2022-03-31	Ameriprise Financial Inc	4.0182	0.0265	1816720	24488	1.3663
2022-03-31	State Street Corporation	3.5654	0.0039	1612018	64267	4.1523
2022-06-30	Channing Capital Management, LLC	3.129	2.4416	1414719	168873	13.5549
2022-03-31	Segall Bryant & Hamill	2.7306	0.5835	1234558	75252	6.4911
2022-03-31	FMR Inc	2.5765	0.0046	1164882	79489	7.3235
2022-03-31	Dimensional Fund Advisors, Inc.	2.4594	0.0169	1111970	-1850	-0.1661
2022-03-31	GW&K Investment Management, LLC	2.0421	0.4066	923283	142785	18.2941
2022-03-31	Allspring Global Investments Holdings, LLC	1.8939	0.0534	856259	395122	85.6843
2022-03-31	Geode Capital Management, LLC	1.6817	0.0047	760361	20146	2.7216
2022-03-31	Nuveen Asset Management, LLC	1.6155	0.012	730428	-5962	-0.8096
2022-03-31	HHG PLC	1.5517	0.0167	701541	-4607	-0.6524
2022-03-31	Brown Advisory Holdings Inc	1.4519	0.0443	656437	30665	4.9003
2022-03-31	Wellington Management Company LLP	1.396	0.0053	631158	-618	-0.0978
2022-06-30	Cramer Rosenthal McGlynn LLC	1.2497	1.3709	565025	-115576	-16.9815
2022-03-31	Mirae Asset Global Investments (Korea) Co Ltd	1.2425	0.0294	561762	561762	0
2022-03-31	Vaughan Nelson Scarbrgh & Mccullough LP	1.1577	0.2938	523425	-16510	-3.0578
2022-03-31	Northern Trust Corp	1.1213	0.0044	506989	-15928	-3.046
2022-03-31	Bank of New York Mellon Corp	1.1148	0.0048	504023	-26278	-4.9553
Total		56.7392	5.3519	25653250

3.2. Funds holding SPX Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2022-07-29	iShares Core S&P Small-Cap ETF	7.4007	0.2903	3346061	1656	0.0495
2022-06-30	Vanguard Total Stock Mkt Idx Inv	2.8304	0.0061	1279718	-2267	-0.1768
2022-06-30	Vanguard Small Cap Index	2.425	0.0523	1096408	13500	1.2466
2022-06-30	Columbia Acorn Inst	2.3519	2.0997	1063342	0	0
2022-06-30	T. Rowe Price Small-Cap Value	2.2135	0.4934	1000800	72700	7.8332
2022-07-29	iShares Russell 2000 ETF	2.1141	0.1055	955817	835	0.0874
2022-06-30	T. Rowe Price Small-Cap Stock	1.9592	0.5486	885800	-3900	-0.4384
2022-05-31	Fidelity® Series Small Cap Opps	1.8266	0.8127	825844	0	0
2022-06-30	Vanguard Small Cap Value Index Inv	1.6012	0.0892	723932	22283	3.1758
2022-06-30	Harbor Small Cap Value Instl	1.3867	1.6824	626970	626970	0
2022-06-30	Vanguard Extended Market Index Investor	1.3345	0.0403	603346	7576	1.2716
2022-06-30	Janus Henderson Venture D	1.286	1.0053	581456	0	0
2022-06-30	Janus Henderson US Small Cap Growth	1.286	1.0609	581456	0	0
2022-06-30	T. Rowe Price US Smlr Cm Eq A USD	1.0845	1.1055	490308	-14497	-2.8718
2022-06-30	T. Rowe Price Instl Small-Cap Stock	1.0418	0.5491	471018	0	0
2022-06-30	T. Rowe Price US Small-Cap Core Equity	1.0418	0.5491	471018	0	0
2022-06-30	T. Rowe Price QM US Small-Cap Gr Eq	0.9725	0.3462	439700	-35000	-7.3731
2022-07-29	iShares Russell 2000 Value ETF	0.9709	0.2108	438947	0	0
2022-06-30	Vanguard Tax-Managed Small Cap Adm	0.9153	0.2792	413851	2900	0.7057
2022-06-30	T. Rowe Price U.S. SC Value Eq Tr-Z	0.913	0.5329	412795	51518	14.26
Total		36.9556	11.8595	16708587

3.3. Insider Transactions

Insiders are holding 1.983% of the shares of SPX Corp.

Date	Owner	Type	Amount	Price	Post Transaction Amount
2022-07-20	John William Swann III	SELL	9365	55	83472
2022-06-24	John William Swann III	SELL	12422	55.1	83472
2021-11-29	John William Swann III	SELL	7263	60.72
2021-11-08	Michael Andrew Reilly	SELL	92	66.7
2021-11-08	Natausha Heleena White	SELL	9750	66.66
2021-09-30	Brian G Mason	SELL	10000	54.19
2021-09-23	Brian G Mason	SELL	10000	55.49
2021-01-13	John William Swann III	SELL	19663	57.71
2020-11-03	Scott William Sproule	SELL	167043	43.33
2020-07-21	John Webster Nurkin	SELL	18408	42.18
2020-06-08	John William Swann III	SELL	16225	45.51
2019-12-20	Brian G. Mason	SELL	25000	50.94
2019-05-09	Michael Andrew Reilly	SELL	45899	32.71
2019-02-25	John William Swann III	SELL	10435	36.89
2018-11-09	John Webster Nurkin	SELL	16800	29.08
2018-08-08	Michael Andrew Reilly	SELL	21852	35.82
2017-11-10	Michael Andrew Reilly	SELL	3833	30.59
2017-03-10	Michael Andrew Reilly	SELL	10909	24.34
2016-08-29	Michael Andrew Reilly	SELL	2258	19.19
2016-05-12	Michael Andrew Reilly	SELL	7591	15.74	83320

4. Summary

4.1. Key Performance Indicators

The key performance indicators of SPX Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Per Share	-	-	23.517	23.471	+0%	14.063	+67%	12.999	+81%	21.844	+8%
Current Ratio	-	-	2.115	2.108	+0%	1.195	+77%	1.371	+54%	1.366	+55%
Debt To Asset Ratio	-	-	0.563	0.571	-1%	0.719	-22%	0.741	-24%	0.749	-25%
Debt To Equity Ratio	-	-	1.287	1.330	-3%	2.574	-50%	3.361	-62%	3.682	-65%
Eps	-	-	0.281	1.940	-86%	0.732	-62%	0.850	-67%	0.769	-63%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Net Profit Margin	-	-	0.037	0.313	-88%	0.098	-62%	0.118	-69%	0.055	-33%
Operating Margin	-	-	0.056	0.329	-83%	0.117	-53%	0.130	-57%	0.075	-25%
Operating Ratio	-	-	0.923	0.946	-2%	0.927	0%	0.935	-1%	0.860	+7%
Pb Ratio	2.302	+2%	2.247	2.296	-2%	3.910	-43%	3.597	-38%	2.969	-24%
Pe Ratio	6.976	+2%	6.809	6.141	+11%	23.359	-71%	15.389	-56%	9.626	-29%
Peg Ratio	-	-	0.041	0.024	+70%	1.695	-98%	0.033	+23%	-0.996	+2512%
Price Per Share	54.140	+2%	52.840	53.845	-2%	55.068	-4%	42.886	+23%	50.412	+5%
Quick Ratio	-	-	1.261	1.425	-12%	0.699	+80%	0.896	+41%	0.890	+42%
Return On Assets	-	-	0.005	0.036	-86%	0.015	-64%	0.017	-69%	0.009	-44%
Return On Equity	-	-	0.012	0.085	-86%	0.051	-76%	0.063	-81%	0.023	-47%
	EOD	+0 -3	MRQ	TTM	+7 -8	YOY	+10 -5	5Y	+8 -7	10Y	+7 -8

4.2. Fundamental Score

Let's check the fundamental score of SPX Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	6.976
Price to Book Ratio (EOD)	Between	0-1	2.302
Net Profit Margin (MRQ)	Greater than	0	0.037
Operating Margin (MRQ)	Greater than	0	0.056
Quick Ratio (MRQ)	Greater than	1	1.261
Current Ratio (MRQ)	Greater than	1	2.115
Debt To Asset Ratio (MRQ)	Less than	1	0.563
Debt to Equity Ratio (MRQ)	Less than	1	1.287
Return On Equity (MRQ)	Greater than	0.15	0.012
Return on Assets (MRQ)	Greater than	0.05	0.005
Total			6/10 (60.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of SPX Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	36.366
Ma 20	Greater than	Ma 50	57.250
Ma 50	Greater than	Ma 100	58.252
Ma 100	Greater than	Ma 200	54.295
Open	Greater than	Close	54.350
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in USD. All numbers in thousands.

Summary

Total Assets	2,489,600
Total Liabilities	1,401,000
Total Stockholder Equity	1,088,600

	As reported
Total Liabilities	1,401,000
Total Stockholder Equity	+ 1,088,600
Total Assets	= 2,489,600

Assets

Total Assets	2,489,600
Total Current Assets	778,600
Long-term Assets	778,600

Total Current Assets

Total Current Assets (as reported)	778,600
Cash And Cash Equivalents	189,800
Net Receivables	274,400
Inventory	235,800
Other Current Assets	78,600
Total Current Assets (calculated)	778,600
+/-	0

Long-term Assets

Long-term Assets (as reported)	1,711,000
Property Plant Equipment	109,600
Goodwill	459,700
Intangible Assets	416,100
Other Assets	725,600
Long-term Assets (calculated)	1,711,000
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	368,200
Long-term Liabilities	1,032,800
Total Stockholder Equity	1,088,600

Total Current Liabilities

Total Current Liabilities (as reported)	368,200
Short-term Debt	15,100
Short Long Term Debt	15,100
Accounts payable	116,200
Other Current Liabilities	191,500
Total Current Liabilities (calculated)	337,900
+/-	30,300

Long-term Liabilities

Long-term Liabilities (as reported)	1,032,800
Long term Debt Total	224,500
Other Liabilities	808,300
Long-term Liabilities (calculated)	1,032,800
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	1,088,600
Common Stock	500
Retained Earnings	-27,400
Accumulated Other Comprehensive Income	254,000
Capital Surplus	1,327,300
Treasury Stock	-465,800
Total Stockholder Equity (calculated)	1,088,600
+/-	0

Other

Capital Stock	500
Cash and Short Term Investments	189,800
Common Stock Shares Outstanding	46,289
Common Stock Total Equity	500
Current Deferred Revenue	45,400
Liabilities and Stockholders Equity	2,489,600
Net Debt	49,800
Net Invested Capital	1,328,200
Net Tangible Assets	628,900
Net Working Capital	410,400
Short Long Term Debt Total	239,600

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2022-06-30

2022-03-31

2021-12-31

2021-09-30

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2005-09-30

2005-06-30

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2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
505,300
0
0
0
518,300
0
0
0
562,400
0
0
0
702,400
0
551,000
546,400
574,600
599,400
632,300
621,200
624,100
636,500
591,400
580,500
579,300
588,200
621,300
628,300
560,300
578,700
716,100
714,900
1,024,400
947,900
957,700
942,900
931,700
960,200
945,400
850,900
831,400
854,600
846,000
806,700
616,000
645,500
551,500
540,900
583,800
618,600
642,900
635,500
2,968,300
2,932,200
2,890,800
2,946,700
2,846,000
2,942,500
2,971,300
3,083,200
3,164,600
3,812,800
6,260,700
6,791,700
7,080,100
6,803,700
7,034,400
7,105,700
7,091,500
7,045,600
7,175,100
7,135,900
7,625,000
7,660,300
7,588,900
7,500,500
7,588,500
7,088,700
6,349,700
5,905,500
5,306,400
5,248,600
5,262,400
5,217,800
5,437,100
5,248,900
5,197,900
5,297,300
6,237,400
6,537,000
6,689,600
6,563,200
6,121,600
5,834,000
5,809,900
5,771,900
5,724,400
5,662,300
5,557,900
5,912,100
5,993,300
6,103,500
6,247,800
6,185,800
7,391,800
7,462,200
7,343,900
7,469,100
7,130,100
6,804,900
6,399,900
6,548,900
6,856,200
6,566,200
6,440,500
6,335,800
5,902,200
5,779,800
5,889,200
2,278,800
2,181,300
2,052,200
2,038,900
1,989,500
1,912,500
1,898,400
1,929,400
1,932,800
2,040,400
2,012,100
2,123,800
2,106,400
2,057,500
2,101,400
2,067,300
2,062,400
2,134,500
2,221,900
2,256,400
2,250,000
2,297,700
2,297,000
2,410,500
2,489,800
2,628,600
2,567,200
2,489,600

2,489,600

2,567,200

2,628,600

2,489,800

2,410,500

2,297,000

2,297,700

2,250,000

2,256,400

2,221,900

2,134,500

2,062,400

2,067,300

2,101,400

2,057,500

2,106,400

2,123,800

2,012,100

2,040,400

1,932,800

1,929,400

1,898,400

1,912,500

1,989,500

2,038,900

2,052,200

2,181,300

2,278,800

5,889,200

5,779,800

5,902,200

6,335,800

6,440,500

6,566,200

6,856,200

6,548,900

6,399,900

6,804,900

7,130,100

7,469,100

7,343,900

7,462,200

7,391,800

6,185,800

6,247,800

6,103,500

5,993,300

5,912,100

5,557,900

5,662,300

5,724,400

5,771,900

5,809,900

5,834,000

6,121,600

6,563,200

6,689,600

6,537,000

6,237,400

5,297,300

5,197,900

5,248,900

5,437,100

5,217,800

5,262,400

5,248,600

5,306,400

5,905,500

6,349,700

7,088,700

7,588,500

7,500,500

7,588,900

7,660,300

7,625,000

7,135,900

7,175,100

7,045,600

7,091,500

7,105,700

7,034,400

6,803,700

7,080,100

6,791,700

6,260,700

3,812,800

3,164,600

3,083,200

2,971,300

2,942,500

2,846,000

2,946,700

2,890,800

2,932,200

2,968,300

635,500

642,900

618,600

583,800

540,900

551,500

645,500

616,000

806,700

846,000

854,600

831,400

850,900

945,400

960,200

931,700

942,900

957,700

947,900

1,024,400

714,900

716,100

578,700

560,300

628,300

621,300

588,200

579,300

580,500

591,400

636,500

624,100

621,200

632,300

599,400

574,600

546,400

551,000

702,400

562,400

518,300

505,300

> Total Current Assets

0
255,400
0
0
0
261,900
0
0
0
310,600
0
0
0
383,200
0
332,000
330,800
340,300
358,900
387,600
375,400
377,300
381,500
337,800
336,400
331,200
341,900
377,300
386,100
307,700
328,400
369,200
446,900
518,200
439,200
443,700
432,500
406,300
431,800
389,100
381,400
363,500
397,000
405,800
375,600
408,100
445,700
349,400
340,900
383,500
415,600
392,100
372,800
975,700
955,100
932,300
924,800
976,500
985,700
1,012,200
1,036,300
1,062,900
1,593,300
2,209,800
2,327,700
2,429,000
2,286,100
2,372,200
2,357,000
2,573,100
2,554,200
2,683,800
2,652,600
2,661,700
2,619,600
2,614,000
2,981,200
3,870,800
3,460,400
2,748,600
2,477,700
2,228,300
2,152,800
2,160,600
2,357,000
2,458,500
2,276,900
2,157,700
2,267,400
2,629,400
2,896,400
3,071,200
3,013,100
2,812,200
2,565,800
2,502,400
2,393,900
2,312,500
2,282,800
2,248,900
2,427,200
2,428,500
2,439,000
2,563,200
2,561,200
2,895,300
3,249,200
3,233,300
3,288,400
3,115,000
2,874,100
2,436,200
2,636,600
2,772,900
2,599,600
2,504,600
2,492,400
2,215,100
2,193,200
2,253,200
878,500
782,300
665,700
660,200
628,800
527,600
511,100
538,900
559,000
632,500
598,500
622,400
623,100
598,400
553,700
545,500
563,100
632,100
744,000
769,000
648,600
682,600
695,500
901,400
1,046,500
903,400
815,500
778,600

778,600

815,500

903,400

1,046,500

901,400

695,500

682,600

648,600

769,000

744,000

632,100

563,100

545,500

553,700

598,400

623,100

622,400

598,500

632,500

559,000

538,900

511,100

527,600

628,800

660,200

665,700

782,300

878,500

2,253,200

2,193,200

2,215,100

2,492,400

2,504,600

2,599,600

2,772,900

2,636,600

2,436,200

2,874,100

3,115,000

3,288,400

3,233,300

3,249,200

2,895,300

2,561,200

2,563,200

2,439,000

2,428,500

2,427,200

2,248,900

2,282,800

2,312,500

2,393,900

2,502,400

2,565,800

2,812,200

3,013,100

3,071,200

2,896,400

2,629,400

2,267,400

2,157,700

2,276,900

2,458,500

2,357,000

2,160,600

2,152,800

2,228,300

2,477,700

2,748,600

3,460,400

3,870,800

2,981,200

2,614,000

2,619,600

2,661,700

2,652,600

2,683,800

2,554,200

2,573,100

2,357,000

2,372,200

2,286,100

2,429,000

2,327,700

2,209,800

1,593,300

1,062,900

1,036,300

1,012,200

985,700

976,500

924,800

932,300

955,100

975,700

372,800

392,100

415,600

383,500

340,900

349,400

445,700

408,100

375,600

405,800

397,000

363,500

381,400

389,100

431,800

406,300

432,500

443,700

439,200

518,200

446,900

369,200

328,400

307,700

386,100

377,300

341,900

331,200

336,400

337,800

381,500

377,300

375,400

387,600

358,900

340,300

330,800

332,000

383,200

310,600

261,900

255,400

Cash And Cash Equivalents

0
6,100
0
0
0
7,800
0
0
0
6,700
0
0
0
9,400
0
11,000
8,800
22,100
4,300
7,600
11,000
12,500
8,500
8,900
11,100
11,100
9,700
9,500
10,100
9,700
7,700
20,500
17,800
117,800
14,900
16,900
22,500
9,900
14,200
14,700
20,800
17,100
27,100
30,600
25,200
12,300
111,500
15,800
15,400
12,100
8,100
12,400
10,500
70,300
78,800
49,300
42,400
78,800
32,600
30,000
46,600
73,700
562,900
360,300
340,500
460,000
374,300
381,300
271,400
555,900
398,900
579,900
706,000
721,600
583,600
514,400
416,800
581,400
1,157,300
1,017,400
731,400
576,300
364,100
337,600
335,800
477,200
286,500
341,700
282,800
354,100
384,800
419,600
466,400
475,900
430,900
434,500
438,100
522,900
464,100
408,100
391,000
455,400
372,000
395,100
396,200
551,000
337,100
327,500
346,300
984,100
755,100
352,900
490,700
691,800
486,000
466,200
501,900
427,600
363,100
328,900
82,500
101,400
97,900
102,000
83,400
99,600
92,700
83,500
87,200
124,300
103,700
66,700
61,900
68,800
39,000
34,600
49,300
54,700
163,100
190,200
70,700
68,300
106,900
69,100
560,100
388,200
262,800
189,800

189,800

262,800

388,200

560,100

69,100

106,900

68,300

70,700

190,200

163,100

54,700

49,300

34,600

39,000

68,800

61,900

66,700

103,700

124,300

87,200

83,500

92,700

99,600

83,400

102,000

97,900

101,400

82,500

328,900

363,100

427,600

501,900

466,200

486,000

691,800

490,700

352,900

755,100

984,100

346,300

327,500

337,100

551,000

396,200

395,100

372,000

455,400

391,000

408,100

464,100

522,900

438,100

434,500

430,900

475,900

466,400

419,600

384,800

354,100

282,800

341,700

286,500

477,200

335,800

337,600

364,100

576,300

731,400

1,017,400

1,157,300

581,400

416,800

514,400

583,600

721,600

706,000

579,900

398,900

555,900

271,400

381,300

374,300

460,000

340,500

360,300

562,900

73,700

46,600

30,000

32,600

78,800

42,400

49,300

78,800

70,300

10,500

12,400

8,100

12,100

15,400

15,800

111,500

12,300

25,200

30,600

27,100

17,100

20,800

14,700

14,200

9,900

22,500

16,900

14,900

117,800

17,800

20,500

7,700

9,700

10,100

9,500

9,700

11,100

8,900

8,500

12,500

11,000

7,600

4,300

22,100

8,800

11,000

9,400

6,700

7,800

6,100

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
70,300
0
0
0
0
0
0
0

70,300

Net Receivables

0
82,300
0
0
0
88,400
0
0
0
108,800
0
0
0
131,400
0
107,700
106,100
101,100
122,900
147,700
131,400
120,800
129,300
98,500
97,900
89,000
102,100
135,000
146,700
84,900
102,500
113,000
172,100
156,900
181,300
186,400
172,800
128,500
177,400
136,900
143,800
130,200
152,600
168,300
151,000
96,500
147,500
147,000
143,000
172,800
156,300
168,700
162,400
458,700
462,100
466,800
490,000
473,700
488,200
509,500
515,400
547,700
546,800
890,000
916,000
976,200
885,400
932,400
1,033,900
1,053,300
957,900
1,023,800
983,000
1,002,500
997,100
1,030,500
1,007,000
980,400
905,000
940,600
926,600
961,800
980,900
976,100
987,000
1,127,000
1,086,900
1,102,600
1,166,100
1,299,900
1,392,600
1,463,700
1,419,000
1,306,900
1,221,800
1,210,200
1,112,200
1,046,300
1,047,800
1,070,600
1,234,500
1,164,800
1,198,400
1,301,300
1,276,300
1,416,300
1,291,700
1,305,100
1,355,900
1,333,000
1,284,000
1,236,500
1,200,200
1,206,700
1,180,700
1,172,800
1,152,000
1,067,400
1,026,200
1,081,800
433,900
367,000
339,500
340,500
318,000
251,700
232,700
252,000
266,600
267,500
313,000
339,500
346,400
360,300
338,100
332,100
333,300
329,300
335,900
329,900
327,200
352,900
342,700
267,600
238,400
252,300
253,400
274,400

274,400

253,400

252,300

238,400

267,600

342,700

352,900

327,200

329,900

335,900

329,300

333,300

332,100

338,100

360,300

346,400

339,500

313,000

267,500

266,600

252,000

232,700

251,700

318,000

340,500

339,500

367,000

433,900

1,081,800

1,026,200

1,067,400

1,152,000

1,172,800

1,180,700

1,206,700

1,200,200

1,236,500

1,284,000

1,333,000

1,355,900

1,305,100

1,291,700

1,416,300

1,276,300

1,301,300

1,198,400

1,164,800

1,234,500

1,070,600

1,047,800

1,046,300

1,112,200

1,210,200

1,221,800

1,306,900

1,419,000

1,463,700

1,392,600

1,299,900

1,166,100

1,102,600

1,086,900

1,127,000

987,000

976,100

980,900

961,800

926,600

940,600

905,000

980,400

1,007,000

1,030,500

997,100

1,002,500

983,000

1,023,800

957,900

1,053,300

1,033,900

932,400

885,400

976,200

916,000

890,000

546,800

547,700

515,400

509,500

488,200

473,700

490,000

466,800

462,100

458,700

162,400

168,700

156,300

172,800

143,000

147,000

147,500

96,500

151,000

168,300

152,600

130,200

143,800

136,900

177,400

128,500

172,800

186,400

181,300

156,900

172,100

113,000

102,500

84,900

146,700

135,000

102,100

89,000

97,900

98,500

129,300

120,800

131,400

147,700

122,900

101,100

106,100

107,700

131,400

108,800

88,400

82,300

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
170,700
174,200
172,800
141,900
157,700
351,400
433,500
367,300
376,700
388,100
382,400
584,000
529,800
399,800
300,500
285,300
293,800
322,600
888,600
1,799,500
877,600
288,300
337,500
226,800
218,100
331,600
524,200
340,000
327,100
131,300
213,500
271,600
380,500
423,600
406,400
362,400
264,000
2,580,600
171,500
126,900
145,600
174,300
165,900
176,100
181,100
147,900
127,700
852,800
910,700
895,900
859,400
149,900
162,800
145,400
300,900
252,600
258,900
189,200
153,000
98,500
150,500
171,500
109,800
143,200
39,000
36,200
50,700
30,600
26,500
35,100
39,600
97,700
170,800
166,700
161,500
131,700
112,900
103,900
109,700
156,600
166,200
1,033,300
71,400
99,400
76,200
407,000
77,700
73,100
78,600
78,600

78,600

73,100

77,700

407,000

76,200

99,400

71,400

1,033,300

166,200

156,600

109,700

103,900

112,900

131,700

161,500

166,700

170,800

97,700

39,600

35,100

26,500

30,600

50,700

36,200

39,000

143,200

109,800

171,500

150,500

98,500

153,000

189,200

258,900

252,600

300,900

145,400

162,800

149,900

859,400

895,900

910,700

852,800

127,700

147,900

181,100

176,100

165,900

174,300

145,600

126,900

171,500

2,580,600

264,000

362,400

406,400

423,600

380,500

271,600

213,500

131,300

327,100

340,000

524,200

331,600

218,100

226,800

337,500

288,300

877,600

1,799,500

888,600

322,600

293,800

285,300

300,500

399,800

529,800

584,000

382,400

388,100

376,700

367,300

433,500

351,400

157,700

141,900

172,800

174,200

170,700

> Long-term Assets

0
249,900
0
0
0
256,400
0
0
0
251,800
0
0
0
319,200
0
219,000
215,600
234,300
240,500
244,700
245,800
246,800
255,000
253,600
244,100
248,100
246,300
244,000
242,200
252,600
250,300
346,900
268,000
506,200
508,700
514,000
510,400
525,400
528,400
556,300
469,500
467,900
457,600
440,200
431,100
207,900
199,800
202,100
200,000
200,300
203,000
250,800
262,700
1,992,600
1,977,100
1,958,500
2,021,900
1,869,500
1,956,800
1,959,100
2,046,900
2,101,700
2,219,500
4,050,900
4,464,000
4,651,100
4,517,600
4,662,200
4,748,700
4,518,400
4,491,400
4,491,300
4,483,300
4,963,300
5,040,700
4,974,900
4,519,300
3,717,700
3,628,300
3,601,100
3,427,800
3,078,100
3,095,800
3,101,800
2,860,800
2,978,600
2,972,000
3,040,200
3,029,900
3,608,000
3,640,600
3,618,400
3,550,100
3,309,400
3,268,200
3,307,500
3,378,000
3,411,900
3,379,500
3,309,000
3,484,900
3,564,800
3,664,500
3,684,600
3,624,600
4,496,500
4,213,000
4,110,600
4,180,700
4,015,100
3,930,800
3,963,700
3,912,300
4,083,300
3,966,600
3,935,900
3,843,400
3,687,100
3,586,600
3,636,000
1,400,300
1,399,000
1,386,500
1,378,700
1,360,700
1,384,900
1,387,300
1,390,500
1,373,800
1,407,900
1,413,600
1,501,400
1,483,300
1,459,100
1,547,700
1,521,800
1,499,300
1,502,400
1,477,900
1,487,400
1,601,400
1,615,100
1,601,500
1,509,100
1,443,300
1,725,200
1,751,700
1,711,000

1,711,000

1,751,700

1,725,200

1,443,300

1,509,100

1,601,500

1,615,100

1,601,400

1,487,400

1,477,900

1,502,400

1,499,300

1,521,800

1,547,700

1,459,100

1,483,300

1,501,400

1,413,600

1,407,900

1,373,800

1,390,500

1,387,300

1,384,900

1,360,700

1,378,700

1,386,500

1,399,000

1,400,300

3,636,000

3,586,600

3,687,100

3,843,400

3,935,900

3,966,600

4,083,300

3,912,300

3,963,700

3,930,800

4,015,100

4,180,700

4,110,600

4,213,000

4,496,500

3,624,600

3,684,600

3,664,500

3,564,800

3,484,900

3,309,000

3,379,500

3,411,900

3,378,000

3,307,500

3,268,200

3,309,400

3,550,100

3,618,400

3,640,600

3,608,000

3,029,900

3,040,200

2,972,000

2,978,600

2,860,800

3,101,800

3,095,800

3,078,100

3,427,800

3,601,100

3,628,300

3,717,700

4,519,300

4,974,900

5,040,700

4,963,300

4,483,300

4,491,300

4,491,400

4,518,400

4,748,700

4,662,200

4,517,600

4,651,100

4,464,000

4,050,900

2,219,500

2,101,700

2,046,900

1,959,100

1,956,800

1,869,500

2,021,900

1,958,500

1,977,100

1,992,600

262,700

250,800

203,000

200,300

200,000

202,100

199,800

207,900

431,100

440,200

457,600

467,900

469,500

556,300

528,400

525,400

510,400

514,000

508,700

506,200

268,000

346,900

250,300

252,600

242,200

244,000

246,300

248,100

244,100

253,600

255,000

246,800

245,800

244,700

240,500

234,300

215,600

219,000

319,200

251,800

256,400

249,900

Property Plant Equipment

0
176,600
0
0
0
188,000
0
0
0
183,600
0
0
0
196,900
0
106,200
104,300
109,100
113,500
115,800
117,000
117,900
116,600
114,400
115,700
116,300
115,400
115,300
114,500
116,800
115,400
120,600
117,000
198,100
198,400
201,400
201,800
214,900
221,100
218,200
214,300
213,000
209,000
201,500
197,200
123,900
122,600
123,100
123,000
122,100
124,800
132,800
135,900
433,100
435,500
443,200
428,300
444,700
453,800
465,400
468,600
492,000
507,200
840,100
861,700
839,500
840,700
840,800
835,600
767,300
773,000
760,000
741,900
734,700
736,700
713,300
623,600
497,000
490,200
473,200
456,700
474,200
476,100
470,500
353,400
374,600
386,500
396,000
390,400
492,200
501,500
505,000
503,900
500,600
494,800
508,400
520,400
546,400
535,800
520,000
535,300
545,200
552,600
569,200
589,800
650,000
665,600
644,300
656,900
745,000
726,800
720,200
701,500
692,300
686,700
683,400
671,400
670,900
657,700
663,800
225,600
219,500
217,000
213,400
210,100
195,500
193,600
191,600
188,800
186,600
185,800
188,200
185,000
184,200
178,300
174,800
177,500
483,200
176,900
178,100
187,600
189,700
186,600
113,000
108,000
113,300
110,700
109,600

109,600

110,700

113,300

108,000

113,000

186,600

189,700

187,600

178,100

176,900

483,200

177,500

174,800

178,300

184,200

185,000

188,200

185,800

186,600

188,800

191,600

193,600

195,500

210,100

213,400

217,000

219,500

225,600

663,800

657,700

670,900

671,400

683,400

686,700

692,300

701,500

720,200

726,800

745,000

656,900

644,300

665,600

650,000

589,800

569,200

552,600

545,200

535,300

520,000

535,800

546,400

520,400

508,400

494,800

500,600

503,900

505,000

501,500

492,200

390,400

396,000

386,500

374,600

353,400

470,500

476,100

474,200

456,700

473,200

490,200

497,000

623,600

713,300

736,700

734,700

741,900

760,000

773,000

767,300

835,600

840,800

840,700

839,500

861,700

840,100

507,200

492,000

468,600

465,400

453,800

444,700

428,300

443,200

435,500

433,100

135,900

132,800

124,800

122,100

123,000

123,100

122,600

123,900

197,200

201,500

209,000

213,000

214,300

218,200

221,100

214,900

201,800

201,400

198,400

198,100

117,000

120,600

115,400

116,800

114,500

115,300

115,400

116,300

115,700

114,400

116,600

117,900

117,000

115,800

113,500

109,100

104,300

106,200

196,900

183,600

188,000

176,600

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,390,500
2,516,200
2,562,600
2,596,000
2,693,500
2,744,200
2,759,300
2,932,400
3,012,400
2,928,700
2,702,900
2,076,800
2,029,400
2,017,700
1,903,100
1,812,200
1,824,400
1,829,100
1,716,300
1,762,200
1,762,700
1,788,100
1,769,800
1,979,100
2,004,800
1,991,200
1,945,500
1,779,700
1,757,200
1,772,300
1,815,200
1,600,000
1,583,100
1,555,500
1,639,000
1,634,600
1,690,300
1,688,500
1,645,800
1,941,800
1,833,500
1,776,400
1,810,700
1,574,000
1,544,400
1,552,200
1,511,900
1,517,000
1,521,000
1,519,600
1,471,000
1,455,400
1,401,000
1,416,100
368,500
342,800
344,900
343,700
343,700
340,400
341,900
344,100
345,400
345,900
349,300
393,300
393,800
394,400
430,000
431,400
429,400
449,300
446,600
451,000
490,300
499,900
500,200
409,200
404,000
457,300
490,600
459,700

459,700

490,600

457,300

404,000

409,200

500,200

499,900

490,300

451,000

446,600

449,300

429,400

431,400

430,000

394,400

393,800

393,300

349,300

345,900

345,400

344,100

341,900

340,400

343,700

344,900

342,800

368,500

1,416,100

1,401,000

1,455,400

1,471,000

1,519,600

1,521,000

1,517,000

1,511,900

1,552,200

1,544,400

1,574,000

1,810,700

1,776,400

1,833,500

1,941,800

1,645,800

1,688,500

1,690,300

1,634,600

1,639,000

1,555,500

1,583,100

1,600,000

1,815,200

1,772,300

1,757,200

1,779,700

1,945,500

1,991,200

2,004,800

1,979,100

1,769,800

1,788,100

1,762,700

1,762,200

1,716,300

1,829,100

1,824,400

1,812,200

1,903,100

2,017,700

2,029,400

2,076,800

2,702,900

2,928,700

3,012,400

2,932,400

2,759,300

2,744,200

2,693,500

2,596,000

2,562,600

2,516,200

2,390,500

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
400
300
200
0
0
0
0
0
0
0
0
0
0
0
0
0
0

200

300

400

Intangible Assets

0
38,800
0
0
0
37,700
0
0
0
37,500
0
0
0
90,400
0
87,900
87,000
98,900
98,200
97,400
96,700
96,300
99,200
99,800
99,100
98,300
97,600
96,800
95,600
94,900
94,100
97,700
107,100
204,100
202,800
202,400
200,700
199,100
197,500
195,800
193,900
192,300
190,700
189,100
187,500
58,700
62,200
61,400
60,700
60,200
59,400
96,100
102,900
1,219,500
1,197,900
1,187,500
1,174,500
1,103,600
1,106,400
1,148,900
1,207,800
1,211,800
1,278,600
2,545,500
2,994,800
3,061,700
2,919,800
3,041,800
3,114,500
3,233,500
3,249,500
3,327,000
3,340,300
3,551,600
3,639,600
3,598,400
3,253,500
2,573,400
2,513,500
2,491,000
2,336,800
2,249,600
436,200
431,400
426,800
488,000
485,800
508,600
517,800
727,400
725,000
711,900
692,200
646,800
631,700
640,200
652,300
708,300
695,400
679,800
742,700
719,500
748,400
742,200
715,600
1,088,200
969,400
950,800
967,100
962,400
917,800
919,100
927,200
924,700
921,100
915,000
880,900
831,000
791,000
799,200
164,200
154,200
147,800
146,300
145,100
117,900
118,000
118,400
117,700
117,600
128,800
201,900
200,300
198,400
231,900
229,200
230,900
251,700
247,600
246,500
302,500
305,000
300,300
325,800
337,200
415,500
405,900
416,100

416,100

405,900

415,500

337,200

325,800

300,300

305,000

302,500

246,500

247,600

251,700

230,900

229,200

231,900

198,400

200,300

201,900

128,800

117,600

117,700

118,400

118,000

117,900

145,100

146,300

147,800

154,200

164,200

799,200

791,000

831,000

880,900

915,000

921,100

924,700

927,200

919,100

917,800

962,400

967,100

950,800

969,400

1,088,200

715,600

742,200

748,400

719,500

742,700

679,800

695,400

708,300

652,300

640,200

631,700

646,800

692,200

711,900

725,000

727,400

517,800

508,600

485,800

488,000

426,800

431,400

436,200

2,249,600

2,336,800

2,491,000

2,513,500

2,573,400

3,253,500

3,598,400

3,639,600

3,551,600

3,340,300

3,327,000

3,249,500

3,233,500

3,114,500

3,041,800

2,919,800

3,061,700

2,994,800

2,545,500

1,278,600

1,211,800

1,207,800

1,148,900

1,106,400

1,103,600

1,174,500

1,187,500

1,197,900

1,219,500

102,900

96,100

59,400

60,200

60,700

61,400

62,200

58,700

187,500

189,100

190,700

192,300

193,900

195,800

197,500

199,100

200,700

202,400

202,800

204,100

107,100

97,700

94,100

94,900

95,600

96,800

97,600

98,300

99,100

99,800

99,200

96,300

96,700

97,400

98,200

98,900

87,000

87,900

90,400

37,500

37,700

38,800

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,503,000
1,493,700
1,578,300
1,609,700
1,712,300
3,210,800
3,602,300
3,811,600
3,676,900
3,821,400
3,913,100
3,602,100
3,718,400
3,731,300
3,741,400
4,228,600
4,304,000
4,261,600
3,895,700
3,220,700
3,138,100
3,127,900
2,971,100
2,603,900
2,619,700
2,631,300
2,507,400
2,604,000
2,585,500
2,644,200
2,639,500
3,115,800
3,139,100
3,113,400
3,046,200
2,808,800
2,773,400
2,799,100
2,857,600
2,865,500
2,843,700
2,789,000
2,949,600
3,019,600
3,111,900
3,115,400
3,034,800
3,455,200
3,547,400
3,466,300
3,523,800
3,270,100
3,204,000
3,243,500
3,210,800
3,391,000
3,279,900
3,252,500
3,172,000
3,016,200
2,928,900
2,972,200
1,174,700
1,179,500
1,169,500
1,165,300
1,150,600
1,189,400
1,193,700
1,198,900
1,185,000
1,221,300
749,700
717,600
703,900
681,900
707,500
661,300
637,000
591,600
606,800
611,800
621,000
622,000
614,400
661,100
594,100
739,100
744,500
725,600

725,600

744,500

739,100

594,100

661,100

614,400

622,000

621,000

611,800

606,800

591,600

637,000

661,300

707,500

681,900

703,900

717,600

749,700

1,221,300

1,185,000

1,198,900

1,193,700

1,189,400

1,150,600

1,165,300

1,169,500

1,179,500

1,174,700

2,972,200

2,928,900

3,016,200

3,172,000

3,252,500

3,279,900

3,391,000

3,210,800

3,243,500

3,204,000

3,270,100

3,523,800

3,466,300

3,547,400

3,455,200

3,034,800

3,115,400

3,111,900

3,019,600

2,949,600

2,789,000

2,843,700

2,865,500

2,857,600

2,799,100

2,773,400

2,808,800

3,046,200

3,113,400

3,139,100

3,115,800

2,639,500

2,644,200

2,585,500

2,604,000

2,507,400

2,631,300

2,619,700

2,603,900

2,971,100

3,127,900

3,138,100

3,220,700

3,895,700

4,261,600

4,304,000

4,228,600

3,741,400

3,731,300

3,718,400

3,602,100

3,913,100

3,821,400

3,676,900

3,811,600

3,602,300

3,210,800

1,712,300

1,609,700

1,578,300

1,493,700

1,503,000

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
114,700
117,600
94,100
85,900
0
0
11,700
11,100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,900
51,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

51,800

50,900

11,100

11,700

85,900

94,100

117,600

114,700

> Total Liabilities

0
249,800
0
0
0
245,400
0
0
0
274,200
0
0
0
381,000
0
324,200
321,400
369,600
393,300
416,700
401,300
407,600
428,900
385,900
391,400
390,100
401,700
422,500
421,100
364,700
384,200
516,700
536,200
879,000
799,900
803,100
782,500
773,000
796,700
779,100
683,900
669,200
689,500
676,700
633,000
510,100
515,400
525,600
526,300
625,300
641,100
679,300
655,600
2,577,800
2,482,200
2,394,600
2,395,100
2,293,700
2,392,800
2,368,000
2,405,200
2,528,200
3,122,500
4,617,000
5,147,800
5,339,800
5,100,500
5,251,800
5,282,300
5,387,400
5,344,000
5,475,000
5,405,600
5,555,400
5,559,600
5,401,100
5,356,700
5,456,800
4,392,200
3,559,500
3,345,100
3,193,300
3,286,700
3,233,300
3,309,000
3,324,200
3,137,900
3,271,500
3,463,400
4,221,000
4,357,200
4,377,700
4,168,600
4,093,300
3,980,700
3,866,900
3,682,300
3,822,900
3,815,600
3,721,300
3,887,500
3,889,300
3,886,000
3,960,400
3,929,200
5,154,500
5,171,800
5,168,600
5,169,100
4,850,100
4,742,000
4,401,200
4,421,500
4,684,200
4,216,600
4,196,700
4,292,500
4,081,100
4,092,000
4,127,900
1,922,100
1,873,000
1,729,400
1,766,300
1,716,100
1,720,900
1,687,400
1,720,700
1,677,800
1,725,700
1,678,900
1,765,200
1,736,700
1,642,600
1,686,100
1,630,600
1,601,100
1,632,100
1,706,800
1,704,300
1,666,900
1,668,500
1,636,200
1,682,300
1,429,500
1,525,700
1,451,400
1,401,000

1,401,000

1,451,400

1,525,700

1,429,500

1,682,300

1,636,200

1,668,500

1,666,900

1,704,300

1,706,800

1,632,100

1,601,100

1,630,600

1,686,100

1,642,600

1,736,700

1,765,200

1,678,900

1,725,700

1,677,800

1,720,700

1,687,400

1,720,900

1,716,100

1,766,300

1,729,400

1,873,000

1,922,100

4,127,900

4,092,000

4,081,100

4,292,500

4,196,700

4,216,600

4,684,200

4,421,500

4,401,200

4,742,000

4,850,100

5,169,100

5,168,600

5,171,800

5,154,500

3,929,200

3,960,400

3,886,000

3,889,300

3,887,500

3,721,300

3,815,600

3,822,900

3,682,300

3,866,900

3,980,700

4,093,300

4,168,600

4,377,700

4,357,200

4,221,000

3,463,400

3,271,500

3,137,900

3,324,200

3,309,000

3,233,300

3,286,700

3,193,300

3,345,100

3,559,500

4,392,200

5,456,800

5,356,700

5,401,100

5,559,600

5,555,400

5,405,600

5,475,000

5,344,000

5,387,400

5,282,300

5,251,800

5,100,500

5,339,800

5,147,800

4,617,000

3,122,500

2,528,200

2,405,200

2,368,000

2,392,800

2,293,700

2,395,100

2,394,600

2,482,200

2,577,800

655,600

679,300

641,100

625,300

526,300

525,600

515,400

510,100

633,000

676,700

689,500

669,200

683,900

779,100

796,700

773,000

782,500

803,100

799,900

879,000

536,200

516,700

384,200

364,700

421,100

422,500

401,700

390,100

391,400

385,900

428,900

407,600

401,300

416,700

393,300

369,600

321,400

324,200

381,000

274,200

245,400

249,800

> Total Current Liabilities

0
75,700
0
0
0
80,700
0
0
0
121,000
0
0
0
124,900
0
96,600
91,900
154,200
182,800
197,800
115,400
116,600
111,200
108,600
128,200
122,800
121,200
135,500
144,800
125,500
123,400
225,100
244,100
398,800
316,100
232,300
223,000
221,900
244,700
225,900
224,700
211,000
239,000
240,900
224,100
174,400
392,800
225,600
217,600
286,500
277,600
283,000
263,900
679,400
769,400
738,100
664,600
754,900
713,800
752,700
781,400
637,100
611,700
1,169,900
1,340,500
1,532,800
1,410,600
1,515,200
1,565,800
1,620,100
1,822,500
1,648,800
1,632,900
1,530,300
1,516,400
1,449,900
1,577,400
1,814,100
2,091,500
1,885,900
1,780,200
1,470,700
1,490,600
1,559,500
1,641,600
1,723,400
1,590,600
1,702,300
1,805,000
2,157,000
2,297,000
2,334,400
2,178,700
2,024,300
1,805,000
1,731,100
1,637,900
1,639,300
1,623,100
1,575,900
1,711,800
1,722,300
1,703,300
1,793,000
1,792,400
1,947,800
2,317,800
2,344,100
2,326,200
1,736,600
1,560,800
1,559,200
1,592,000
2,174,400
1,733,100
1,657,400
1,757,300
1,609,900
1,658,000
1,687,500
751,800
654,800
569,200
575,600
534,500
476,300
450,900
485,300
486,000
461,000
428,200
543,900
527,000
470,200
495,000
466,600
466,800
608,600
702,100
704,000
562,200
584,900
586,800
707,600
477,500
439,500
393,900
368,200

368,200

393,900

439,500

477,500

707,600

586,800

584,900

562,200

704,000

702,100

608,600

466,800

466,600

495,000

470,200

527,000

543,900

428,200

461,000

486,000

485,300

450,900

476,300

534,500

575,600

569,200

654,800

751,800

1,687,500

1,658,000

1,609,900

1,757,300

1,657,400

1,733,100

2,174,400

1,592,000

1,559,200

1,560,800

1,736,600

2,326,200

2,344,100

2,317,800

1,947,800

1,792,400

1,793,000

1,703,300

1,722,300

1,711,800

1,575,900

1,623,100

1,639,300

1,637,900

1,731,100

1,805,000

2,024,300

2,178,700

2,334,400

2,297,000

2,157,000

1,805,000

1,702,300

1,590,600

1,723,400

1,641,600

1,559,500

1,490,600

1,470,700

1,780,200

1,885,900

2,091,500

1,814,100

1,577,400

1,449,900

1,516,400

1,530,300

1,632,900

1,648,800

1,822,500

1,620,100

1,565,800

1,515,200

1,410,600

1,532,800

1,340,500

1,169,900

611,700

637,100

781,400

752,700

713,800

754,900

664,600

738,100

769,400

679,400

263,900

283,000

277,600

286,500

217,600

225,600

392,800

174,400

224,100

240,900

239,000

211,000

224,700

225,900

244,700

221,900

223,000

232,300

316,100

398,800

244,100

225,100

123,400

125,500

144,800

135,500

121,200

122,800

128,200

108,600

111,200

116,600

115,400

197,800

182,800

154,200

91,900

96,600

124,900

121,000

80,700

75,700

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
44,200
5,600
1,200
1,100
1,400
1,800
2,400
900
600
2,500
1,800
1,400
131,000
3,900
3,000
2,800
2,900
3,200
0
49,100
160,800
142,400
68,700
97,700
105,400
117,900
105,000
0
0
0
0
161,600
150,800
157,100
155,800
280,300
502,700
294,400
302,600
87,900
142,600
128,300
92,700
111,800
408,900
392,500
391,700
67,500
77,900
85,900
71,200
211,000
173,400
280,700
300,100
334,400
313,200
305,000
260,300
189,300
135,300
135,200
45,400
150,400
101,900
76,900
132,900
87,100
88,200
134,800
85,500
75,500
522,000
569,000
223,800
42,100
30,700
34,300
29,700
585,600
35,300
74,500
264,200
211,900
298,500
294,100
70,200
31,200
38,400
21,500
14,900
32,700
17,100
33,900
57,000
7,500
11,700
133,300
113,100
49,900
75,000
59,500
40,600
143,600
260,300
266,800
113,600
108,400
108,900
178,700
13,700
15,200
15,000
15,100

15,100

15,000

15,200

13,700

178,700

108,900

108,400

113,600

266,800

260,300

143,600

40,600

59,500

75,000

49,900

113,100

133,300

11,700

7,500

57,000

33,900

17,100

32,700

14,900

21,500

38,400

31,200

70,200

294,100

298,500

211,900

264,200

74,500

35,300

585,600

29,700

34,300

30,700

42,100

223,800

569,000

522,000

75,500

85,500

134,800

88,200

87,100

132,900

76,900

101,900

150,400

45,400

135,200

135,300

189,300

260,300

305,000

313,200

334,400

300,100

280,700

173,400

211,000

71,200

85,900

77,900

67,500

391,700

392,500

408,900

111,800

92,700

128,300

142,600

87,900

302,600

294,400

502,700

280,300

155,800

157,100

150,800

161,600

105,000

117,900

105,400

97,700

68,700

142,400

160,800

49,100

3,200

2,900

2,800

3,000

3,900

131,000

1,400

1,800

2,500

600

900

2,400

1,800

1,400

1,100

1,200

5,600

44,200

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29,100
0
0
0
9,100
0
39,400
32,800
17,900
35,100
367,400
18,000
500
4,900
9,200
9,300
18,000
89,200
73,600
59,100
143,600
262,900
270,900
113,600
108,400
108,900
178,700
13,700
15,200
15,000
15,100

15,100

15,000

15,200

13,700

178,700

108,900

108,400

113,600

270,900

262,900

143,600

59,100

73,600

89,200

18,000

9,300

9,200

4,900

500

18,000

367,400

35,100

17,900

32,800

39,400

9,100

29,100

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
283,500
266,300
276,100
289,400
279,100
437,600
481,300
514,300
480,300
485,400
548,300
500,900
529,600
569,000
557,900
591,000
572,200
586,900
549,300
516,700
466,700
490,100
456,900
535,000
499,200
496,900
500,300
521,100
527,300
538,000
560,400
733,800
738,800
706,800
628,400
634,000
545,300
1,504,800
1,499,000
1,503,600
1,445,200
1,401,500
1,556,300
1,635,200
1,592,400
1,656,900
1,705,600
1,652,100
1,585,700
1,570,100
1,577,100
1,694,500
1,521,600
1,444,000
1,432,400
1,556,900
1,672,100
1,559,000
1,469,800
1,398,000
1,321,800
1,355,900
676,800
582,300
517,300
536,200
501,700
443,600
415,800
433,300
429,000
453,500
328,000
332,300
329,300
340,800
321,800
312,700
322,100
364,200
345,200
342,000
365,300
138,500
135,000
86,800
112,300
119,600
111,000
116,200

116,200

111,000

119,600

112,300

86,800

135,000

138,500

365,300

342,000

345,200

364,200

322,100

312,700

321,800

340,800

329,300

332,300

328,000

453,500

429,000

433,300

415,800

443,600

501,700

536,200

517,300

582,300

676,800

1,355,900

1,321,800

1,398,000

1,469,800

1,559,000

1,672,100

1,556,900

1,432,400

1,444,000

1,521,600

1,694,500

1,577,100

1,570,100

1,585,700

1,652,100

1,705,600

1,656,900

1,592,400

1,635,200

1,556,300

1,401,500

1,445,200

1,503,600

1,499,000

1,504,800

545,300

634,000

628,400

706,800

738,800

733,800

560,400

538,000

527,300

521,100

500,300

496,900

499,200

535,000

456,900

490,100

466,700

516,700

549,300

586,900

572,200

591,000

557,900

569,000

529,600

500,900

548,300

485,400

480,300

514,300

481,300

437,600

279,100

289,400

276,100

266,300

283,500

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
287,300
341,100
331,800
346,300
312,100
710,800
859,200
856,900
779,500
872,700
861,700
876,000
790,200
785,400
772,400
826,600
801,600
734,700
935,400
1,185,600
757,600
646,700
673,200
709,300
669,300
722,000
850,900
910,300
872,900
871,600
905,500
1,081,300
1,141,800
1,228,800
1,188,600
1,176,400
1,006,100
15,100
17,500
5,300
938,500
897,000
980,900
1,080,100
1,015,200
1,009,200
1,024,800
234,400
210,100
205,000
194,200
996,600
949,500
910,500
31,500
31,900
23,300
14,500
6,800
892,300
846,100
852,100
488,900
41,300
367,000
383,200
356,400
304,300
276,700
291,200
284,300
292,600
88,500
78,300
75,300
79,500
84,000
80,300
85,600
100,800
94,000
91,100
230,800
234,500
236,200
392,600
300,800
260,000
224,200
191,500

191,500

224,200

260,000

300,800

392,600

236,200

234,500

230,800

91,100

94,000

100,800

85,600

80,300

84,000

79,500

75,300

78,300

88,500

292,600

284,300

291,200

276,700

304,300

356,400

383,200

367,000

41,300

488,900

852,100

846,100

892,300

6,800

14,500

23,300

31,900

31,500

910,500

949,500

996,600

194,200

205,000

210,100

234,400

1,024,800

1,009,200

1,015,200

1,080,100

980,900

897,000

938,500

5,300

17,500

15,100

1,006,100

1,176,400

1,188,600

1,228,800

1,141,800

1,081,300

905,500

871,600

872,900

910,300

850,900

722,000

669,300

709,300

673,200

646,700

757,600

1,185,600

935,400

734,700

801,600

826,600

772,400

785,400

790,200

876,000

861,700

872,700

779,500

856,900

859,200

710,800

312,100

346,300

331,800

341,100

287,300

> Long-term Liabilities

0
174,100
0
0
0
164,700
0
0
0
153,200
0
0
0
256,100
0
227,600
229,500
215,400
210,500
218,900
285,900
291,000
317,700
277,300
263,200
267,300
280,500
287,000
276,300
239,200
260,800
291,600
292,100
480,200
483,800
570,800
559,500
551,100
552,000
553,200
459,200
458,200
450,500
435,800
408,900
335,700
122,600
300,000
308,700
338,800
363,500
396,300
391,700
1,898,400
1,712,800
1,656,500
1,730,500
1,538,800
1,679,000
1,615,300
1,623,800
1,891,100
2,510,800
3,447,100
3,807,300
3,807,000
3,689,900
3,736,600
3,716,500
3,767,300
3,521,500
3,826,200
3,772,700
4,025,100
4,043,200
3,951,200
3,779,300
3,642,700
2,300,700
1,673,600
1,564,900
1,722,600
1,796,100
1,673,800
1,667,400
1,600,800
1,547,300
1,569,200
1,658,400
2,064,000
2,060,200
2,043,300
1,989,900
2,069,000
2,175,700
2,135,800
2,044,400
2,183,600
2,192,500
2,145,400
2,175,700
2,167,000
2,182,700
2,167,400
2,136,800
3,206,700
2,854,000
2,824,500
2,842,900
3,113,500
3,181,200
2,842,000
2,829,500
2,509,800
2,483,500
2,539,300
2,535,200
2,471,200
2,434,000
2,440,400
1,170,300
1,218,200
1,160,200
1,190,700
1,181,600
1,244,600
1,236,500
1,235,400
1,191,800
1,264,700
1,250,700
1,221,300
1,209,700
1,172,400
1,191,100
1,164,000
1,134,300
1,023,500
1,004,700
1,000,300
1,104,700
1,083,600
1,049,400
974,700
952,000
1,086,200
1,057,500
1,032,800

1,032,800

1,057,500

1,086,200

952,000

974,700

1,049,400

1,083,600

1,104,700

1,000,300

1,004,700

1,023,500

1,134,300

1,164,000

1,191,100

1,172,400

1,209,700

1,221,300

1,250,700

1,264,700

1,191,800

1,235,400

1,236,500

1,244,600

1,181,600

1,190,700

1,160,200

1,218,200

1,170,300

2,440,400

2,434,000

2,471,200

2,535,200

2,539,300

2,483,500

2,509,800

2,829,500

2,842,000

3,181,200

3,113,500

2,842,900

2,824,500

2,854,000

3,206,700

2,136,800

2,167,400

2,182,700

2,167,000

2,175,700

2,145,400

2,192,500

2,183,600

2,044,400

2,135,800

2,175,700

2,069,000

1,989,900

2,043,300

2,060,200

2,064,000

1,658,400

1,569,200

1,547,300

1,600,800

1,667,400

1,673,800

1,796,100

1,722,600

1,564,900

1,673,600

2,300,700

3,642,700

3,779,300

3,951,200

4,043,200

4,025,100

3,772,700

3,826,200

3,521,500

3,767,300

3,716,500

3,736,600

3,689,900

3,807,000

3,807,300

3,447,100

2,510,800

1,891,100

1,623,800

1,615,300

1,679,000

1,538,800

1,730,500

1,656,500

1,712,800

1,898,400

391,700

396,300

363,500

338,800

308,700

300,000

122,600

335,700

408,900

435,800

450,500

458,200

459,200

553,200

552,000

551,100

559,500

570,800

483,800

480,200

292,100

291,600

260,800

239,200

276,300

287,000

280,500

267,300

263,200

277,300

317,700

291,000

285,900

218,900

210,500

215,400

229,500

227,600

256,100

153,200

164,700

174,100

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,238,800
1,125,000
1,128,600
1,135,100
1,107,400
1,154,800
1,110,500
1,111,000
1,110,700
1,114,800
1,925,600
1,596,800
1,594,500
1,594,300
1,649,900
1,651,500
1,577,000
1,558,700
1,090,000
1,088,900
1,181,300
1,173,000
1,157,800
1,149,900
1,143,300
347,000
342,600
337,600
334,500
331,200
323,500
319,400
315,400
311,000
349,300
344,900
340,600
340,600
331,900
332,300
328,000
323,800
249,900
248,600
247,000
350,300
304,000
282,600
238,000
233,900
0
227,700
224,500

224,500

227,700

233,900

238,000

282,600

304,000

350,300

247,000

248,600

249,900

323,800

328,000

332,300

331,900

340,600

344,900

349,300

311,000

315,400

319,400

323,500

331,200

334,500

337,600

342,600

347,000

1,143,300

1,149,900

1,157,800

1,173,000

1,181,300

1,088,900

1,090,000

1,558,700

1,577,000

1,651,500

1,649,900

1,594,300

1,594,500

1,596,800

1,925,600

1,114,800

1,110,700

1,111,000

1,110,500

1,154,800

1,107,400

1,135,100

1,128,600

1,125,000

1,238,800

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
114,700
117,600
94,100
85,900
0
0
11,700
11,100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,900
51,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

51,800

50,900

11,100

11,700

85,900

94,100

117,600

114,700

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
195,400
195,600
203,100
192,100
180,200
463,000
433,700
603,600
578,000
611,700
645,800
720,500
716,500
745,800
705,400
644,100
682,000
624,000
604,900
1,228,400
1,275,700
1,249,200
1,141,500
1,001,700
1,008,000
894,800
901,700
847,200
805,800
845,200
721,800
823,300
814,500
816,000
781,700
913,600
875,200
866,100
901,800
1,055,000
1,047,100
1,029,300
1,011,800
1,056,500
1,066,300
1,050,400
1,014,800
1,266,900
1,257,200
1,230,000
1,236,500
1,463,600
1,517,900
1,252,100
1,256,700
1,419,800
1,381,100
1,345,400
1,350,300
1,313,400
1,284,200
1,299,300
860,900
871,300
860,100
856,200
850,400
919,000
917,100
920,000
880,800
914,100
905,800
880,700
869,100
840,500
858,800
817,000
792,300
755,900
756,100
753,300
754,400
779,600
766,800
736,700
718,100
855,400
829,800
808,300

808,300

829,800

855,400

718,100

736,700

766,800

779,600

754,400

753,300

756,100

755,900

792,300

817,000

858,800

840,500

869,100

880,700

905,800

914,100

880,800

920,000

917,100

919,000

850,400

856,200

860,100

871,300

860,900

1,299,300

1,284,200

1,313,400

1,350,300

1,345,400

1,381,100

1,419,800

1,256,700

1,252,100

1,517,900

1,463,600

1,236,500

1,230,000

1,257,200

1,266,900

1,014,800

1,050,400

1,066,300

1,056,500

1,011,800

1,029,300

1,047,100

1,055,000

901,800

866,100

875,200

913,600

781,700

816,000

814,500

823,300

721,800

845,200

805,800

847,200

901,700

894,800

1,008,000

1,001,700

1,141,500

1,249,200

1,275,700

1,228,400

604,900

624,000

682,000

644,100

705,400

745,800

716,500

720,500

645,800

611,700

578,000

603,600

433,700

463,000

180,200

192,100

203,100

195,600

195,400

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
80,000
71,000
131,100
143,900
144,700
167,900
251,100
327,200
320,300
323,700
427,200
389,700
358,200
370,900
294,900
283,100
292,200
57,000
55,200
49,800
48,700
46,400
42,400
43,000
45,600
39,600
29,600
33,000
31,600
33,400
23,200
30,600
31,500
32,400
26,300
26,200
26,300
27,000
23,800
29,000
19,100
21,300
0
30,600
27,500

27,500

30,600

21,300

19,100

29,000

23,800

27,000

26,300

26,200

26,300

32,400

31,500

30,600

23,200

33,400

31,600

33,000

29,600

39,600

45,600

43,000

42,400

46,400

48,700

49,800

55,200

57,000

292,200

283,100

294,900

370,900

358,200

389,700

427,200

323,700

320,300

327,200

251,100

167,900

144,700

143,900

131,100

71,000

80,000

> Total Stockholder Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
549,700
603,300
651,100
608,200
662,400
1,616,700
1,617,900
1,715,300
1,679,800
1,769,100
1,811,600
1,692,400
1,689,100
1,698,600
1,728,600
2,067,200
2,098,600
2,185,400
2,141,900
2,127,800
2,692,100
2,787,900
2,558,800
2,111,200
1,959,600
2,026,900
1,906,300
2,109,400
2,104,200
1,919,100
1,826,100
2,006,000
2,179,800
2,311,900
2,394,600
2,010,800
1,853,300
1,943,000
2,089,600
1,870,800
1,846,700
1,836,600
2,024,600
2,097,700
2,217,500
2,287,400
2,256,600
2,227,300
2,280,900
2,165,200
2,300,000
2,268,700
2,062,900
1,998,700
2,127,400
2,158,000
2,349,600
2,243,800
2,043,300
1,817,900
1,687,800
1,761,300
356,700
345,400
322,800
272,600
273,400
191,600
211,000
208,700
255,000
314,700
333,200
358,600
369,700
414,900
415,300
436,700
461,300
502,400
515,100
552,100
583,100
629,200
660,800
728,200
1,060,300
1,102,900
1,115,800
1,088,600

1,088,600

1,115,800

1,102,900

1,060,300

728,200

660,800

629,200

583,100

552,100

515,100

502,400

461,300

436,700

415,300

414,900

369,700

358,600

333,200

314,700

255,000

208,700

211,000

191,600

273,400

272,600

322,800

345,400

356,700

1,761,300

1,687,800

1,817,900

2,043,300

2,243,800

2,349,600

2,158,000

2,127,400

1,998,700

2,062,900

2,268,700

2,300,000

2,165,200

2,280,900

2,227,300

2,256,600

2,287,400

2,217,500

2,097,700

2,024,600

1,836,600

1,846,700

1,870,800

2,089,600

1,943,000

1,853,300

2,010,800

2,394,600

2,311,900

2,179,800

2,006,000

1,826,100

1,919,100

2,104,200

2,109,400

1,906,300

2,026,900

1,959,600

2,111,200

2,558,800

2,787,900

2,692,100

2,127,800

2,141,900

2,185,400

2,098,600

2,067,200

1,728,600

1,698,600

1,689,100

1,692,400

1,811,600

1,769,100

1,679,800

1,715,300

1,617,900

1,616,700

662,400

608,200

651,100

603,300

549,700

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
356,400
356,900
357,600
357,700
358,000
413,800
415,200
416,500
422,900
426,500
433,400
868,000
870,100
871,800
873,900
878,100
893,900
902,700
904,100
899,900
907,800
913,100
916,900
920,800
939,900
948,500
950,600
937,400
947,700
956,500
958,500
963,500
968,800
970,400
971,000
972,300
975,200
976,000
978,100
979,000
982,600
983,600
984,400
986,700
991,000
992,000
992,800
993,600
996,500
997,200
998,000
998,900
1,002,400
1,002,900
1,003,900
1,004,500
1,006,900
1,007,400
1,007,800
1,008,200
1,009,200
1,000
1,000
1,000
1,000
1,000
1,000
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500

500

1,000

1,009,200

1,008,200

1,007,800

1,007,400

1,006,900

1,004,500

1,003,900

1,002,900

1,002,400

998,900

998,000

997,200

996,500

993,600

992,800

992,000

991,000

986,700

984,400

983,600

982,600

979,000

978,100

976,000

975,200

972,300

971,000

970,400

968,800

963,500

958,500

956,500

947,700

937,400

950,600

948,500

939,900

920,800

916,900

913,100

907,800

899,900

904,100

902,700

893,900

878,100

873,900

871,800

870,100

868,000

433,400

426,500

422,900

416,500

415,200

413,800

358,000

357,700

357,600

356,900

356,400

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
<

SPX Corp Buy or Sell?

1.1. Profitability of SPX Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Specialty Industrial Machinery)

1.1.2. Return on Assets

Trends

Compared to industry (Specialty Industrial Machinery)

1.1.3. Return On Equity

Trends

Compared to industry (Specialty Industrial Machinery)

1.2. Operating Efficiency of SPX Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Specialty Industrial Machinery)

1.2.2. Operating Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

1.3. Liquidity of SPX Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

1.3.2. Quick Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

1.4. Solvency of SPX Corp.

1.3. Liquidity

1.4.1. Debt To Asset Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

2. Market Valuation of SPX Corp

2. Earnings

2.1. Price to Earnings Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

2.2. Price/Earnings-to-Growth Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

2. Books

2.3. Price to Book Ratio

Trends

Compared to industry (Specialty Industrial Machinery)

2.4. Latest News of SPX Corp

3. Holders & Insider Transactions

3.1. Institutions holding SPX Corp

3.2. Funds holding SPX Corp

3.3. Insider Transactions

4. Summary

4.1. Key Performance Indicators

4.2. Fundamental Score

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4.3. Technical Score

Penke's Symbol Scanner

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Latest Balance Sheet

Summary

Assets

Total Current Assets

Long-term Assets

Liabilities & Shareholders' Equity

Total Current Liabilities

Long-term Liabilities

Total Stockholder Equity

Other

Balance Sheet

SPX Corp
Buy or Sell?