Spire Interest Coverage from 2010 to 2024

SR Stock  USD 61.38  0.47  0.77%   
Spire Interest Coverage yearly trend continues to be relatively stable with very little volatility. Interest Coverage is likely to drop to 2.46. During the period from 2010 to 2024, Spire Interest Coverage destribution of quarterly values had range of 7.795 from its regression line and mean deviation of  0.99. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
2.59
Current Value
2.46
Quarterly Volatility
1.84460308
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire main balance sheet or income statement drivers, such as Interest Expense of 224.2 M, Total Revenue of 3.2 B or Gross Profit of 585.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0503 or PTB Ratio of 1.67. Spire financial statements analysis is a perfect complement when working with Spire Valuation or Volatility modules.
  
This module can also supplement Spire's financial leverage analysis and stock options assessment as well as various Spire Technical models . Check out the analysis of Spire Correlation against competitors.

Latest Spire's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Spire Inc over the last few years. It is Spire's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Spire Interest Coverage Regression Statistics

Arithmetic Mean3.76
Geometric Mean3.51
Coefficient Of Variation49.04
Mean Deviation0.99
Median3.41
Standard Deviation1.84
Sample Variance3.40
Range7.795
R-Value(0.61)
Mean Square Error2.31
R-Squared0.37
Significance0.02
Slope(0.25)
Total Sum of Squares47.64

Spire Interest Coverage History

2024 2.46
2023 2.59
2022 2.25
2021 3.41
2020 4.22
2018 2.9
2017 2.84

About Spire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spire income statement, its balance sheet, and the statement of cash flows. Spire investors use historical funamental indicators, such as Spire's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Spire investors may use each financial statement separately, they are all related. The changes in Spire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 2.59  2.46 

Spire Investors Sentiment

The influence of Spire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Spire. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Spire's public news can be used to forecast risks associated with an investment in Spire. The trend in average sentiment can be used to explain how an investor holding Spire can time the market purely based on public headlines and social activities around Spire Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Spire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Spire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Spire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Spire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Spire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Spire's short interest history, or implied volatility extrapolated from Spire options trading.

Currently Active Assets on Macroaxis

When determining whether Spire Inc is a strong investment it is important to analyze Spire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spire's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:
Check out the analysis of Spire Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary 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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bonds Directory
Find actively traded corporate debentures issued by US companies
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Fundamental Analysis
View fundamental data based on most recent published financial statements
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Is Spire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spire. If investors know Spire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.915
Earnings Share
3.71
Revenue Per Share
49.434
Quarterly Revenue Growth
(0.07)
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spire's market value can be influenced by many factors that don't directly affect Spire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.