Spire Stock Financials

SR -  USA Stock  

USD 70.95  0.86  1.20%

Understanding current and past Spire Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Spire's financial statements are interrelated, with each one affecting the others. For example, an increase in Spire's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Spire's financials over time to get the whole picture. Spire Invested Capital is relatively stable at the moment as compared to the past year. Spire reported last year Invested Capital of 1.62 Billion. As of 07/30/2021, Invested Capital Average is likely to grow to about 5.8 B, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 326.3 M.
Use fundamental data analysis to confirm all available indicators of Spire Inc to find out if markets are presently mispricing the firm. We were able to interpolate data for thirty-eight available drivers for Spire Inc, which can be compared to its competition. To make sure the equity is not overpriced, please validate all Spire financials, including its price to sales, short ratio, five year return, as well as the relationship between the cash per share and total asset . Given that Spire Inc has a price to earning of 24.45 X, we advise you to double-check Spire Inc current market performance to make sure the company can sustain itself down the road. Use Spire to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Spire to be traded at $68.82 in 90 days.

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With this module, you can analyze Spire financials for your investing period. You should be able to track the changes in Spire individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 40
Spire Inc has less than 40 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Spire stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Spire's official financial statements usually reflect Spire's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Spire Inc. For example, before you start analyzing numbers published by Spire accountants, it's critical to develop an understanding of what Spire's liquidity, profitability, and earnings quality are in the context of the Utilities space in which it operates.
Please note, the presentation of Spire's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spire's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Spire's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Spire Inc. Please utilize our Beneish M Score to check the likelihood of Spire's management to manipulate its earnings.

Spire Company Summary

Spire competes with Gas Natural, Snam Rete, CHINA GAS, China Gas, and Atmos Energy. Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 3583 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001126956
RegionNorth America
Business Address700 Market Street,
SectorUtilities
IndustryUtilities—Regulated Gas
BenchmarkDOW
Websitewww.SpireEnergy.com
Phone314 342 0500
CurrencyUSD - US Dollar

Spire Key Financial Ratios

Generally speaking, Spire's financial ratios allow both analysts and investors to convert raw data from Spire's financial statements into concise, actionable information that can be used to evaluate the performance of Spire over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Spire Inc reports annually and quarterly.

Spire Key Balance Sheet Accounts

201620172018201920202021 (projected)
Inventories225.8 M210.3 M196.6 M191.5 M172.35 M170.3 M
Receivables276.7 M305.5 M293.9 M263.3 M236.97 M219.99 M
Accounts Payable257.1 M290.1 M301.5 M243.3 M218.97 M193.64 M
Total Assets6.55 B6.84 B7.62 B8.24 B7.42 B5.98 B
Current Assets725.5 M659.6 M614.5 M590.6 M531.54 M505.48 M
Cash and Equivalents7.4 M4.4 M5.8 M4.1 M4.71 M4.84 M
Shareholders Equity1.99 B2.26 B2.55 B2.53 B2.27 B1.84 B
Total Liabilities4.56 B4.59 B5.07 B5.72 B5.14 B4.14 B
Current Liabilities1.1 B1.32 B1.47 B1.45 B1.3 B1.04 B

Spire Key Income Statement Accounts

201620172018201920202021 (projected)
Direct Expenses1.27 B1.52 B1.47 B1.3 B1.17 B1.09 B
Net Income161.6 M214.2 M184.6 M88.6 M79.74 M89.74 M
Operating Income321.7 M279.7 M302.3 M206.4 M185.76 M184.33 M
Revenues1.74 B1.97 B1.95 B1.86 B1.67 B1.57 B

Spire Key Cash Accounts

201620172018201920202021 (projected)
Net Cash Flow from Financing147.4 M89.1 M371.8 M160 M144 M192.53 M
Net Cash Flow from Investing(433.5 M)(531.7 M)(838.3 M)(631.6 M)(726.34 M)(783.68 M)
Net Cash Flow from Operations288.3 M456.6 M450.9 M469.9 M422.91 M337.61 M

Spire Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Spire's current stock value. Our valuation model uses many indicators to compare Spire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spire competition to find correlations between indicators driving Spire's intrinsic value. More Info.
Spire Inc is rated below average in return on asset category among related companies. It is rated fourth in earnings per share category among related companies creating about  0.91  of Earnings Per Share per Return On Asset. The ratio of Return On Asset to Earnings Per Share for Spire Inc is roughly  1.09 . As of 07/30/2021, Earnings before Tax is likely to grow to about 207.5 M, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 326.3 M.

Spire Inc Systematic Risk

Spire's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spire volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was one hundred twelve with a total number of output elements of one hundred sixty-nine. The Beta measures systematic risk based on how returns on Spire Inc correlated with the market. If Beta is less than 0 Spire generally moves in the opposite direction as compared to the market. If Spire Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spire Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spire is generally in the same direction as the market. If Beta > 1 Spire moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Spire Financials

What exactly are Spire Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Spire's income statement, its balance sheet, and the statement of cash flows. Potential Spire investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
 2018 2019 2020 2021 (projected)
Receivables293.9 M263.3 M236.97 M219.99 M
Inventories196.6 M191.5 M172.35 M170.3 M

Spire July 30, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Spire help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spire Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spire Inc based on widely used predictive technical indicators. In general, we focus on analyzing Spire Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spire's daily price indicators and compare them against related drivers.
Downside Deviation1.64
Information Ratio(0.047714)
Maximum Drawdown12.57
Value At Risk(2.67)
Potential Upside2.82
Additionally, take a look at World Market Map. Note that the Spire Inc information on this page should be used as a complementary analysis to other Spire's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Spire Inc 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 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.
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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 Inc underlying business (such as 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 Spire value 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.