Spire Global Balance Sheet Health
Financial Health criteria checks 2/6
Spire Global has a total shareholder equity of $85.3M and total debt of $115.0M, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are $268.0M and $182.7M respectively.
Key information
134.8%
Debt to equity ratio
US$115.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$63.99m |
| Equity | US$85.31m |
| Total liabilities | US$182.66m |
| Total assets | US$267.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EL9's short term assets ($93.8M) exceed its short term liabilities ($41.9M).
Long Term Liabilities: EL9's short term assets ($93.8M) do not cover its long term liabilities ($140.7M).
Debt to Equity History and Analysis
Debt Level: EL9's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: Insufficient data to determine if EL9's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EL9 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EL9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.