Spire Balance Sheet Health
Financial Health criteria checks 0/6
Spire has a total shareholder equity of $3.2B and total debt of $4.7B, which brings its debt-to-equity ratio to 145.2%. Its total assets and total liabilities are $10.9B and $7.6B respectively. Spire's EBIT is $497.1M making its interest coverage ratio 2.5. It has cash and short-term investments of $4.5M.
Key information
145.2%
Debt to equity ratio
US$4.69b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$4.50m |
| Equity | US$3.23b |
| Total liabilities | US$7.63b |
| Total assets | US$10.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SR.PRA's short term assets ($771.3M) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: SR.PRA's short term assets ($771.3M) do not cover its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: SR.PRA's net debt to equity ratio (145%) is considered high.
Reducing Debt: SR.PRA's debt to equity ratio has increased from 112.7% to 145.2% over the past 5 years.
Debt Coverage: SR.PRA's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: SR.PRA's interest payments on its debt are not well covered by EBIT (2.5x coverage).