Spire Current Deferred Revenue vs Intangible Assets Analysis

SR Stock  USD 61.64  0.33  0.54%   
Spire financial indicator trend analysis is much more than just breaking down Spire Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spire Inc is a good investment. Please check the relationship between Spire Current Deferred Revenue and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spire Inc Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Spire's Current Deferred Revenue and Intangible Assets is 0.67. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Spire Inc, assuming nothing else is changed. The correlation between historical values of Spire's Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Spire Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., Spire's Current Deferred Revenue and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Spire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spire Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Spire's Selling General Administrative is relatively stable compared to the past year. As of 06/05/2024, Tax Provision is likely to grow to about 35.2 M, while Enterprise Value Multiple is likely to drop 7.91.
 2021 2022 2023 2024 (projected)
Gross Profit825M887.9M1.0B585.4M
Total Revenue2.2B2.7B3.1B3.2B

Spire fundamental ratios Correlations

0.960.940.90.930.980.950.630.940.930.59-0.540.970.51-0.540.550.780.860.60.780.40.90.680.780.920.9
0.960.990.920.970.990.990.540.990.980.62-0.471.00.65-0.470.590.720.940.670.90.330.970.70.880.960.89
0.940.990.890.950.971.00.481.00.970.56-0.470.990.69-0.470.540.670.940.660.920.330.970.740.880.960.86
0.90.920.890.90.920.890.50.890.850.62-0.60.920.47-0.60.610.710.870.610.760.440.90.540.780.850.84
0.930.970.950.90.960.950.480.950.940.75-0.530.960.56-0.530.690.720.870.730.890.380.930.560.910.980.9
0.980.990.970.920.960.980.570.970.970.62-0.460.990.6-0.460.580.750.90.640.850.320.940.710.850.950.91
0.950.991.00.890.950.980.481.00.980.56-0.450.990.7-0.450.520.670.930.630.920.310.960.760.870.960.88
0.630.540.480.50.480.570.480.480.490.38-0.020.550.14-0.020.40.660.470.460.20.110.480.320.360.40.38
0.940.991.00.890.950.971.00.480.970.56-0.480.990.69-0.480.540.670.940.660.920.340.970.740.880.960.86
0.930.980.970.850.940.970.980.490.970.58-0.390.970.74-0.390.550.640.90.60.910.280.940.730.870.950.89
0.590.620.560.620.750.620.560.380.560.58-0.320.590.1-0.320.950.730.490.870.580.20.57-0.060.780.650.62
-0.54-0.47-0.47-0.6-0.53-0.46-0.45-0.02-0.48-0.39-0.32-0.48-0.221.0-0.25-0.4-0.36-0.17-0.4-0.88-0.42-0.27-0.31-0.54-0.6
0.971.00.990.920.960.990.990.550.990.970.59-0.480.65-0.480.560.720.930.640.880.340.960.730.850.950.9
0.510.650.690.470.560.60.70.140.690.740.1-0.220.65-0.220.120.170.690.20.770.290.670.730.570.650.54
-0.54-0.47-0.47-0.6-0.53-0.46-0.45-0.02-0.48-0.39-0.321.0-0.48-0.22-0.25-0.4-0.36-0.17-0.4-0.88-0.42-0.27-0.31-0.54-0.6
0.550.590.540.610.690.580.520.40.540.550.95-0.250.560.12-0.250.670.510.860.580.170.57-0.130.80.570.53
0.780.720.670.710.720.750.670.660.670.640.73-0.40.720.17-0.40.670.60.770.480.270.640.360.590.660.69
0.860.940.940.870.870.90.930.470.940.90.49-0.360.930.69-0.360.510.60.620.880.270.990.680.850.870.76
0.60.670.660.610.730.640.630.460.660.60.87-0.170.640.2-0.170.860.770.620.650.090.670.120.830.650.48
0.780.90.920.760.890.850.920.20.920.910.58-0.40.880.77-0.40.580.480.880.650.280.910.60.930.910.79
0.40.330.330.440.380.320.310.110.340.280.2-0.880.340.29-0.880.170.270.270.090.280.30.20.210.380.39
0.90.970.970.90.930.940.960.480.970.940.57-0.420.960.67-0.420.570.640.990.670.910.30.670.880.920.82
0.680.70.740.540.560.710.760.320.740.73-0.06-0.270.730.73-0.27-0.130.360.680.120.60.20.670.380.670.61
0.780.880.880.780.910.850.870.360.880.870.78-0.310.850.57-0.310.80.590.850.830.930.210.880.380.870.73
0.920.960.960.850.980.950.960.40.960.950.65-0.540.950.65-0.540.570.660.870.650.910.380.920.670.870.9
0.90.890.860.840.90.910.880.380.860.890.62-0.60.90.54-0.60.530.690.760.480.790.390.820.610.730.9
Click cells to compare fundamentals

Spire Account Relationship Matchups

Spire fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.3M51.7M52.1M52.6M60.5M63.5M
Total Assets8.2B9.4B10.1B10.3B11.9B12.5B
Short Long Term Debt Total3.1B3.7B4.3B4.7B5.4B5.6B
Other Current Liab421.6M409.6M370.6M341.6M392.8M412.5M
Total Current Liabilities1.4B1.6B2.4B1.8B2.0B2.1B
Total Stockholder Equity2.5B2.7B2.8B2.9B3.4B3.5B
Property Plant And Equipment Net4.7B5.1B5.9B6.5B7.5B7.9B
Current Deferred Revenue75.9M61M46.9M48.6M55.9M58.7M
Net Debt3.1B3.7B4.3B4.7B5.4B5.6B
Retained Earnings720.7M843M905.5M958M1.1B1.2B
Accounts Payable243.3M409.9M617.4M253.1M291.1M158.1M
Cash4.1M4.3M6.5M5.6M6.4M6.1M
Non Current Assets Total7.7B8.0B8.5B9.2B10.6B11.2B
Non Currrent Assets Other225.5M264.9M258.1M708.8M637.9M669.8M
Cash And Short Term Investments4.1M4.3M6.5M5.6M6.4M6.1M
Net Receivables253.3M596.3M622.7M288.5M331.8M201.9M
Common Stock Total Equity51M51.6M51.7M52.5M60.4M32.7M
Liabilities And Stockholders Equity8.2B9.4B10.1B10.3B11.9B12.5B
Non Current Liabilities Total4.3B5.1B4.9B5.6B6.5B6.8B
Inventory191.5M305M422.3M279.5M321.4M182.4M
Other Current Assets141.7M410.9M540.5M503.3M578.8M607.7M
Other Stockholder Equity3.6B1.5B242M1.6B1.5B1.5B
Total Liab5.7B6.7B7.3B7.4B8.5B8.9B
Property Plant And Equipment Gross5.1B471.1M491.4M8.9B10.3B10.8B
Total Current Assets590.6M1.3B1.6B1.1B1.2B1.3B
Accumulated Other Comprehensive Income(41.2M)3.6M47.2M47.6M54.7M57.5M
Short Term Debt708.4M727.8M1.3B1.1B1.3B1.3B
Common Stock1.6B1.6B1.6B1.7B1.9B2.0B
Other Liab1.8B2.2B1.9B2.0B2.3B2.4B
Other Assets1.2B1.3B1.3B1.5B1.7B1.8B
Long Term Debt2.4B2.9B3.0B3.6B4.1B4.3B
Property Plant Equipment432.3M5.6B5.9B6.5B7.4B7.8B
Deferred Long Term Liab1.1B1.3B1.1B1.2B1.4B774.9M
Net Tangible Assets2.3B1.2B1.4B1.5B1.4B1.4B
Long Term Debt Total2.1B2.4B2.9B3.0B3.4B2.1B

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Additional Tools for Spire Stock Analysis

When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.