Spire Balance Sheet Health
Financial Health criteria checks 0/6
Spire has a total shareholder equity of $3.5B and total debt of $4.8B, which brings its debt-to-equity ratio to 135.5%. Its total assets and total liabilities are $11.3B and $7.8B respectively. Spire's EBIT is $518.8M making its interest coverage ratio 2.7. It has cash and short-term investments of $15.2M.
Key information
135.55%
Debt to equity ratio
US$4.76b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$15.20m |
| Equity | US$3.51b |
| Total liabilities | US$7.84b |
| Total assets | US$11.35b |
Recent financial health updates
Spire (NYSE:SR) Use Of Debt Could Be Considered Risky
Feb 24
These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way
Oct 22Does Spire (NYSE:SR) Have A Healthy Balance Sheet?
Jul 12Is Spire (NYSE:SR) A Risky Investment?
Dec 04Is Spire (NYSE:SR) A Risky Investment?
Aug 15Recent updates
What Spire Inc.'s (NYSE:SR) P/E Is Not Telling You
May 01Is Spire Inc. (NYSE:SR) Trading At A 23% Discount?
Apr 14Returns On Capital At Spire (NYSE:SR) Have Hit The Brakes
Mar 11Spire (NYSE:SR) Use Of Debt Could Be Considered Risky
Feb 24Spire Inc.'s (NYSE:SR) Popularity With Investors Is Under Threat From Overpricing
Jan 20Calculating The Intrinsic Value Of Spire Inc. (NYSE:SR)
Dec 18Spire's (NYSE:SR) Upcoming Dividend Will Be Larger Than Last Year's
Dec 02We Think That There Are Some Issues For Spire (NYSE:SR) Beyond Its Promising Earnings
Nov 28These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way
Oct 22Spire: The High-Yield Preferreds Are The Best Play For This Utility
Sep 19Risks To Shareholder Returns Are Elevated At These Prices For Spire Inc. (NYSE:SR)
Sep 12
Modernizing Infrastructure And Tactical Cost Management Propel Future Growth
Spire's emphasis on cost management and efficiency is set to enhance operational efficiency and lower overall costs, potentially boosting net margins from 2025.Spire (NYSE:SR) Has More To Do To Multiply In Value Going Forward
Aug 25Spire: A Good Utility To Play Defense
Jul 24Does Spire (NYSE:SR) Have A Healthy Balance Sheet?
Jul 12Calculating The Fair Value Of Spire Inc. (NYSE:SR)
Jun 28We Think That There Are More Issues For Spire (NYSE:SR) Than Just Sluggish Earnings
May 08Are Investors Undervaluing Spire Inc. (NYSE:SR) By 26%?
Mar 04Need To Know: Analysts Are Much More Bullish On Spire Inc. (NYSE:SR) Revenues
Feb 02Spire Inc.: Valuation And Yield Are Too Good To Pass On Here
Jan 22Spire (NYSE:SR) Will Pay A Larger Dividend Than Last Year At $0.755
Dec 05Is Spire (NYSE:SR) A Risky Investment?
Dec 04Spire (NYSE:SR) Will Pay A Larger Dividend Than Last Year At $0.755
Nov 18Are Investors Undervaluing Spire Inc. (NYSE:SR) By 27%?
Nov 10Spire Inc.: Lower Utility Valuations Have Created An Attractive Entry Point
Oct 31The Returns At Spire (NYSE:SR) Aren't Growing
Oct 25Spire Inc.: Expensive And With A Lot Of Debt
Sep 30Here's Why Spire (NYSE:SR) Has Caught The Eye Of Investors
Sep 25Is Spire (NYSE:SR) A Risky Investment?
Aug 15Financial Position Analysis
Short Term Liabilities: SR's short term assets ($907.8M) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: SR's short term assets ($907.8M) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: SR's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: SR's debt to equity ratio has increased from 114.5% to 135.5% over the past 5 years.
Debt Coverage: SR's debt is not well covered by operating cash flow (17%).
Interest Coverage: SR's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/30 10:50 |
| End of Day Share Price | 2025/05/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/09/30 |
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 Inc. is covered by 21 analysts. 9 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 |
|---|---|
| Ross Fowler | BofA Global Research |
| Ross Fowler | BofA Global Research |
| Julien Dumoulin-Smith | BofA Global Research |