Spire Inc Stock Current Asset
| SR Stock | USD 61.38 0.47 0.77% |
Spire Inc fundamentals help investors to digest information that contributes to Spire's financial success or failures. It also enables traders to predict the movement of Spire Stock. The fundamental analysis module provides a way to measure Spire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spire stock.
Spire |
Spire Inc Company Current Asset Analysis
Spire's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Spire Current Asset | 287.89 M |
Most of Spire's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spire Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
In accordance with the recently published financial statements, Spire Inc has a Current Asset of 287.89 M. This is 98.84% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The current asset for all United States stocks is 96.92% higher than that of the company.
Spire Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spire's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spire could also be used in its relative valuation, which is a method of valuing Spire by comparing valuation metrics of similar companies.Spire is currently under evaluation in current asset category among related companies.
Spire Fundamentals
| Return On Equity | 0.0716 | ||||
| Return On Asset | 0.0248 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 8.34 B | ||||
| Shares Outstanding | 54.98 M | ||||
| Shares Owned By Insiders | 2.86 % | ||||
| Shares Owned By Institutions | 88.57 % | ||||
| Number Of Shares Shorted | 1.43 M | ||||
| Price To Earning | 18.90 X | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 1.24 X | ||||
| Revenue | 2.67 B | ||||
| Gross Profit | 887.9 M | ||||
| EBITDA | 696.8 M | ||||
| Net Income | 217.5 M | ||||
| Cash And Equivalents | 6.5 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 4.67 B | ||||
| Debt To Equity | 1.55 % | ||||
| Current Ratio | 0.68 X | ||||
| Book Value Per Share | 51.09 X | ||||
| Cash Flow From Operations | 440.2 M | ||||
| Short Ratio | 3.68 X | ||||
| Earnings Per Share | 3.71 X | ||||
| Price To Earnings To Growth | 2.40 X | ||||
| Target Price | 64.71 | ||||
| Number Of Employees | 3.59 K | ||||
| Beta | 0.52 | ||||
| Market Capitalization | 3.35 B | ||||
| Total Asset | 10.31 B | ||||
| Retained Earnings | 958 M | ||||
| Working Capital | (678.5 M) | ||||
| Current Asset | 287.89 M | ||||
| Current Liabilities | 366.28 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.42 % | ||||
| Net Asset | 10.31 B | ||||
| Last Dividend Paid | 2.92 |
About Spire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spire Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spire Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Spire Piotroski F Score and Spire Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.
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.