Spire Net Tangible Assets from 2010 to 2026

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Spire Healthcare's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 351.8 M this year. Net Tangible Assets is the total assets of Spire Healthcare Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2018-03-31
Previous Quarter
383.7 M
Current Value
383.7 M
Quarterly Volatility
50.4 M
 
Covid
 
Interest Hikes
Check Spire Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire Healthcare's main balance sheet or income statement drivers, such as Interest Expense of 61.2 M, Selling General Administrative of 70.3 M or Total Revenue of 1.2 B, as well as many indicators such as . Spire financial statements analysis is a perfect complement when working with Spire Healthcare Valuation or Volatility modules.
  
This module can also supplement various Spire Healthcare Technical models . Check out the analysis of Spire Healthcare Correlation against competitors.
The Net Tangible Assets trend for Spire Healthcare Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Spire Healthcare is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Spire Healthcare's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Spire Healthcare Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Spire Healthcare's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire Healthcare's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Spire Net Tangible Assets Regression Statistics

Arithmetic Mean434,061,765
Geometric Mean430,389,675
Coefficient Of Variation13.32
Mean Deviation51,306,574
Median430,700,000
Standard Deviation57,824,060
Sample Variance3343.6T
Range173.4M
R-Value(0.86)
Mean Square Error948.8T
R-Squared0.73
Significance0.000011
Slope(9,810,245)
Total Sum of Squares53498T

Spire Net Tangible Assets History

2026351.8 M
2025346.7 M
2022385.2 M
2021374.8 M
2020388.8 M
2019422.1 M
2018430.7 M

About Spire Healthcare Financial Statements

Spire Healthcare stakeholders use historical fundamental indicators, such as Spire Healthcare's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Spire Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spire Healthcare's assets and liabilities are reflected in the revenues and expenses on Spire Healthcare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spire Healthcare Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets346.7 M351.8 M

Currently Active Assets on Macroaxis

Other Information on Investing in Spire Stock

Spire Healthcare financial ratios help investors to determine whether Spire Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spire with respect to the benefits of owning Spire Healthcare security.