Spire Balance Sheet Health
Financial Health criteria checks 0/6
Spire has a total shareholder equity of $3.4B and total debt of $4.5B, which brings its debt-to-equity ratio to 133.2%. Its total assets and total liabilities are $10.7B and $7.3B respectively. Spire's EBIT is $453.5M making its interest coverage ratio 2.3. It has cash and short-term investments of $25.6M.
Key information
133.2%
Debt to equity ratio
US$4.51b
Debt
Interest coverage ratio | 2.3x |
Cash | US$25.60m |
Equity | US$3.39b |
Total liabilities | US$7.32b |
Total assets | US$10.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGR's short term assets ($1.0B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: LGR's short term assets ($1.0B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: LGR's net debt to equity ratio (132.4%) is considered high.
Reducing Debt: LGR's debt to equity ratio has increased from 115.1% to 133.2% over the past 5 years.
Debt Coverage: LGR's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: LGR's interest payments on its debt are not well covered by EBIT (2.3x coverage).