Spire Global Balance Sheet Health
Financial Health criteria checks 2/6
Spire Global has a total shareholder equity of $70.5M and total debt of $114.1M, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are $246.8M and $176.3M respectively.
Key information
161.8%
Debt to equity ratio
US$114.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$40.87m |
| Equity | US$70.54m |
| Total liabilities | US$176.29m |
| Total assets | US$246.83m |
Recent financial health updates
Recent updates
Spire Global, Inc.'s (NYSE:SPIR) Intrinsic Value Is Potentially 24% Below Its Share Price
Apr 16
Spire Global: Strong Buy Once The Financing Closes
Mar 24Spire Global: Path To Profitability
Feb 28After Leaping 53% Spire Global, Inc. (NYSE:SPIR) Shares Are Not Flying Under The Radar
Feb 10Is Spire Global (NYSE:SPIR) A Risky Investment?
Jan 24Spire Global: Some Tidy Improvements, But Upside Could Be Capped In The Short-Term
Nov 20The Market Lifts Spire Global, Inc. (NYSE:SPIR) Shares 33% But It Can Do More
Nov 16Alpha-As-A-Service: Why I'm Bullish On Spire Global
Sep 04Spire Global Stock: A Buy After The Likely Reverse Split
Jun 12Spire Global's Growth Could Bring Profits In 2024 But Revaluation Earlier
Feb 17Spire Global to launch six satellites on the SpaceX Transporter-6 mission
Dec 14Spire Non-GAAP EPS of -$0.16 misses by $0.06, revenue of $20.4M beats by $0.51M
Nov 09Spire Global gains on Virgin Orbit launch service agreement
Oct 12Spire Global: Profitability Or Bust
Oct 03Spire Global awarded $4M NOAA contract to deliver HyMS payload
Sep 26Spire Global awarded contract extension to support NASA's SNOOPI mission
Sep 20Calculating The Intrinsic Value Of Spire Global, Inc. (NYSE:SPIR)
Sep 13Spire GAAP EPS of -$0.29 misses by $0.09, revenue of $19.4M beats by $0.24M
Aug 10Spire Global nabs $1.7M NOAA Contract for delivering space weather data
Jul 26Financial Position Analysis
Short Term Liabilities: SPIR's short term assets ($69.3M) exceed its short term liabilities ($41.5M).
Long Term Liabilities: SPIR's short term assets ($69.3M) do not cover its long term liabilities ($134.7M).
Debt to Equity History and Analysis
Debt Level: SPIR's net debt to equity ratio (103.8%) is considered high.
Reducing Debt: Insufficient data to determine if SPIR'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: SPIR has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if SPIR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.