Spire Global Balance Sheet Health
Financial Health criteria checks 2/6
Spire Global has a total shareholder equity of $5.6M and total debt of $100.1M, which brings its debt-to-equity ratio to 1801.5%. Its total assets and total liabilities are $208.8M and $203.3M respectively.
Key information
1,801.53%
Debt to equity ratio
US$100.08m
Debt
| Interest coverage ratio | n/a |
| Cash | US$35.93m |
| Equity | US$5.56m |
| Total liabilities | US$203.29m |
| Total assets | US$208.85m |
Recent financial health updates
Recent updates
Spire Global: Same Buy Price With No Debt
May 07
Space Analytics And Climate Solutions Will Unlock Future Markets
Spire Global sees future growth in climate solutions and global security via space-based data, marking a major revenue opportunity.Spire Global, Inc.'s (NYSE:SPIR) 47% Share Price Plunge Could Signal Some Risk
Mar 10
Spire Global: Debt Issues Back In Focus After Failed Maritime Business Sale -- Sell
Feb 12A Look At The Intrinsic Value Of Spire Global, Inc. (NYSE:SPIR)
Feb 08Spire Global: Maritime Sale Reduces Risk
Jan 25Spire Global: Maritime Business Sale Provides Validation
Nov 15Spire Global Approaches Profitability
Sep 26Spire Global: A Recently Inked Milestone Deal Once Again Overshadowed By Another Management Blunder
Sep 11Spire Global: Sell On Accounting Issues And Debt Covenant Violations
Aug 15Does Spire Global (NYSE:SPIR) Have A Healthy Balance Sheet?
Aug 11Spire Global, Inc.'s (NYSE:SPIR) Intrinsic Value Is Potentially 52% Above Its Share Price
Jul 15Investors Still Waiting For A Pull Back In Spire Global, Inc. (NYSE:SPIR)
Jun 15Spire Global: An AI Buy Story, But In Space
Jun 14Bearish: Analysts Just Cut Their Spire Global, Inc. (NYSE:SPIR) Revenue and EPS estimates
May 22Spire Global, Inc.'s (NYSE:SPIR) Intrinsic Value Is Potentially 24% Below Its Share Price
Apr 16Spire 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 10Financial Position Analysis
Short Term Liabilities: SPIR's short term assets ($108.3M) do not cover its short term liabilities ($161.7M).
Long Term Liabilities: SPIR's short term assets ($108.3M) exceed its long term liabilities ($41.6M).
Debt to Equity History and Analysis
Debt Level: SPIR's net debt to equity ratio (1154.7%) is considered high.
Reducing Debt: SPIR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 less than a year of cash runway based on its current free cash flow.
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.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 00:23 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Spire Global, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| Jeffrey Meuler | Baird |
| Ronald Epstein | BofA Global Research |