Spire Total Assets from 2010 to 2024

SPIR Stock  USD 16.17  0.16  1.00%   
Spire Global Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 194.7 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
246.8 M
Current Value
194.7 M
Quarterly Volatility
93.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spire Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.6 M, Interest Expense of 11.3 M or Selling General Administrative of 33.1 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or PTB Ratio of 2.28. Spire financial statements analysis is a perfect complement when working with Spire Global Valuation or Volatility modules.
  
Check out the analysis of Spire Global Correlation against competitors.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.

Latest Spire Global's Total Assets Growth Pattern

Below is the plot of the Total Assets of Spire Global over the last few years. Total assets refers to the total amount of Spire Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Spire Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Spire Global's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 246.82 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Spire Total Assets Regression Statistics

Arithmetic Mean100,101,231
Geometric Mean72,575,768
Coefficient Of Variation93.44
Mean Deviation78,372,205
Median46,890,000
Standard Deviation93,535,469
Sample Variance8748.9T
Range245.8M
R-Value0.73
Mean Square Error4464.4T
R-Squared0.53
Significance0
Slope15,171,286
Total Sum of Squares122484.4T

Spire Total Assets History

2024194.7 M
2023246.8 M
2022256.5 M
2021290.2 M
202044.4 M

Other Fundumenentals of Spire Global

Spire Global Total Assets component correlations

0.960.970.06-0.780.950.920.850.920.96-0.71.00.790.970.720.35-0.981.0-0.980.87-0.46
0.960.89-0.2-0.610.830.780.670.811.0-0.650.970.850.860.510.09-0.920.95-0.910.96-0.32
0.970.890.27-0.90.940.940.890.880.89-0.630.950.650.950.810.5-0.990.98-1.00.73-0.65
0.06-0.20.27-0.650.250.40.530.2-0.180.00.0-0.340.240.660.89-0.190.11-0.22-0.42-0.66
-0.78-0.61-0.9-0.65-0.86-0.91-0.93-0.79-0.620.54-0.75-0.34-0.84-0.92-0.760.87-0.820.88-0.390.84
0.950.830.940.25-0.860.960.940.960.83-0.70.930.580.980.850.52-0.950.95-0.950.7-0.57
0.920.780.940.4-0.910.960.980.930.78-0.60.90.590.980.920.68-0.930.93-0.940.62-0.56
0.850.670.890.53-0.930.940.980.920.68-0.630.820.490.950.950.75-0.880.87-0.890.51-0.61
0.920.810.880.2-0.790.960.930.920.82-0.840.920.70.960.760.44-0.910.92-0.910.74-0.43
0.961.00.89-0.18-0.620.830.780.680.82-0.70.970.870.860.50.09-0.920.95-0.920.96-0.33
-0.7-0.65-0.630.00.54-0.7-0.6-0.63-0.84-0.7-0.72-0.65-0.67-0.36-0.050.69-0.70.68-0.70.3
1.00.970.950.0-0.750.930.90.820.920.97-0.720.810.950.680.29-0.980.99-0.970.89-0.43
0.790.850.65-0.34-0.340.580.590.490.70.87-0.650.810.680.25-0.05-0.690.77-0.690.930.09
0.970.860.950.24-0.840.980.980.950.960.86-0.670.950.680.850.54-0.950.96-0.960.74-0.48
0.720.510.810.66-0.920.850.920.950.760.5-0.360.680.250.850.88-0.770.74-0.790.29-0.67
0.350.090.50.89-0.760.520.680.750.440.09-0.050.29-0.050.540.88-0.430.38-0.46-0.14-0.58
-0.98-0.92-0.99-0.190.87-0.95-0.93-0.88-0.91-0.920.69-0.98-0.69-0.95-0.77-0.43-0.991.0-0.790.61
1.00.950.980.11-0.820.950.930.870.920.95-0.70.990.770.960.740.38-0.99-0.990.84-0.51
-0.98-0.91-1.0-0.220.88-0.95-0.94-0.89-0.91-0.920.68-0.97-0.69-0.96-0.79-0.461.0-0.99-0.780.61
0.870.960.73-0.42-0.390.70.620.510.740.96-0.70.890.930.740.29-0.14-0.790.84-0.78-0.07
-0.46-0.32-0.65-0.660.84-0.57-0.56-0.61-0.43-0.330.3-0.430.09-0.48-0.67-0.580.61-0.510.61-0.07
Click cells to compare fundamentals

About Spire Global Financial Statements

Spire Global shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Spire Global investors may analyze each financial statement separately, they are all interrelated. The changes in Spire Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spire Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets246.8 M194.7 M
Intangibles To Total Assets 0.34  0.35 

Pair Trading with Spire Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spire Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spire Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spire Stock

  0.85G Genpact LimitedPairCorr
  0.8BR Broadridge FinancialPairCorr
  0.88KC Kingsoft Cloud Holdings Upward RallyPairCorr

Moving against Spire Stock

  0.73VCIG VCI Global Limited TrendingPairCorr
  0.69MG Mistras GroupPairCorr
  0.68BCO Brinks CompanyPairCorr
  0.62FC Franklin CoveyPairCorr
  0.49DLHC DLH Holdings Corp Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Spire Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spire Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spire Global to buy it.
The correlation of Spire Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spire Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spire Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Spire Stock Analysis

When running Spire Global's price analysis, check to measure Spire Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.