Spire Debt Current vs Shareholders Equity Analysis

SR Stock  USD 60.57  1.04  1.75%   
Trend analysis of Spire Inc balance sheet accounts such as Total Current Liabilities of 2.1 B, Total Stockholder Equity of 3.5 B or Property Plant And Equipment Net of 7.9 B provides information on Spire's total assets, liabilities, and equity, which is the actual value of Spire Inc to its prevalent stockholders. By breaking down trends over time using Spire balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Spire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spire Inc at a specified time, usually calculated after every quarter, six months, or one year. Spire Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spire and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spire currently owns. An asset can also be divided into two categories, current and non-current.

Spire Balance Sheet Chart

Spire Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Spire Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Spire's Current Deferred Revenue is relatively stable compared to the past year. As of 03/28/2024, Net Debt is likely to grow to about 5.6 B, while Cash is likely to drop slightly above 6.1 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Spire assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Spire Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 03/28/2024, 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

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0.960.990.920.970.990.990.540.990.980.62-0.471.00.23-0.470.590.720.940.670.90.330.970.70.880.960.89
0.940.990.890.950.971.00.481.00.970.56-0.470.990.29-0.470.540.670.940.660.920.330.970.740.880.960.86
0.90.920.890.90.920.890.50.890.850.62-0.60.920.01-0.60.610.710.870.610.760.440.90.540.780.850.84
0.930.970.950.90.960.950.480.950.940.75-0.530.960.1-0.530.690.720.870.730.890.380.930.560.910.980.9
0.980.990.970.920.960.980.570.970.970.62-0.460.990.19-0.460.580.750.90.640.850.320.940.710.850.950.91
0.950.991.00.890.950.980.481.00.980.56-0.450.990.25-0.450.520.670.930.630.920.310.960.760.870.960.88
0.630.540.480.50.480.570.480.480.490.38-0.020.550.33-0.020.40.660.470.460.20.110.480.320.360.40.38
0.940.991.00.890.950.971.00.480.970.56-0.480.990.29-0.480.540.670.940.660.920.340.970.740.880.960.86
0.930.980.970.850.940.970.980.490.970.58-0.390.970.19-0.390.550.640.90.60.910.280.940.730.870.950.89
0.590.620.560.620.750.620.560.380.560.58-0.320.59-0.21-0.320.950.730.490.870.580.20.57-0.060.780.650.62
-0.54-0.47-0.47-0.6-0.53-0.46-0.45-0.02-0.48-0.39-0.32-0.480.141.0-0.25-0.4-0.36-0.17-0.4-0.88-0.42-0.27-0.31-0.54-0.6
0.971.00.990.920.960.990.990.550.990.970.59-0.480.24-0.480.560.720.930.640.880.340.960.730.850.950.9
0.240.230.290.010.10.190.250.330.290.19-0.210.140.240.14-0.180.110.380.140.22-0.030.320.460.150.170.03
-0.54-0.47-0.47-0.6-0.53-0.46-0.45-0.02-0.48-0.39-0.321.0-0.480.14-0.25-0.4-0.36-0.17-0.4-0.88-0.42-0.27-0.31-0.54-0.6
0.550.590.540.610.690.580.520.40.540.550.95-0.250.56-0.18-0.250.670.510.860.580.170.57-0.130.80.570.53
0.780.720.670.710.720.750.670.660.670.640.73-0.40.720.11-0.40.670.60.770.480.270.640.360.590.660.69
0.860.940.940.870.870.90.930.470.940.90.49-0.360.930.38-0.360.510.60.620.880.270.990.680.850.870.76
0.60.670.660.610.730.640.630.460.660.60.87-0.170.640.14-0.170.860.770.620.650.090.670.120.830.650.48
0.780.90.920.760.890.850.920.20.920.910.58-0.40.880.22-0.40.580.480.880.650.280.910.60.930.910.79
0.40.330.330.440.380.320.310.110.340.280.2-0.880.34-0.03-0.880.170.270.270.090.280.30.20.210.380.39
0.90.970.970.90.930.940.960.480.970.940.57-0.420.960.32-0.420.570.640.990.670.910.30.670.880.920.82
0.680.70.740.540.560.710.760.320.740.73-0.06-0.270.730.46-0.27-0.130.360.680.120.60.20.670.380.670.61
0.780.880.880.780.910.850.870.360.880.870.78-0.310.850.15-0.310.80.590.850.830.930.210.880.380.870.73
0.920.960.960.850.980.950.960.40.960.950.65-0.540.950.17-0.540.570.660.870.650.910.380.920.670.870.9
0.90.890.860.840.90.910.880.380.860.890.62-0.60.90.03-0.60.530.690.760.480.790.390.820.610.730.9
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 Other225.5M264.9M258.1M708.8M815.1M855.9M
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

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 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.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.
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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.