Spire Historical Balance Sheet

SPIR Stock  USD 16.01  0.61  3.67%   
Trend analysis of Spire Global balance sheet accounts such as Total Stockholder Equity of 66.5 M, Other Liab of 4.1 M, Net Tangible Assets of 133 M or Property Plant And Equipment Net of 52.1 M provides information on Spire Global's total assets, liabilities, and equity, which is the actual value of Spire Global to its prevalent stockholders. By breaking down trends over time using Spire Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Spire Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spire Global is a good buy for the upcoming year.

Spire Global Inventory

2.07 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.

About Spire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spire Global at a specified time, usually calculated after every quarter, six months, or one year. Spire Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spire Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spire currently owns. An asset can also be divided into two categories, current and non-current.

Spire Global Balance Sheet Chart

At this time, Spire Global's Other Current Liabilities is relatively stable compared to the past year. As of 11/27/2024, Net Tangible Assets is likely to grow to about 133 M, while Short and Long Term Debt Total is likely to drop slightly above 93.7 M.

Total Assets

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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Spire Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Spire Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Spire Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Spire Global current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.At this time, Spire Global's Other Current Liabilities is relatively stable compared to the past year. As of 11/27/2024, Net Tangible Assets is likely to grow to about 133 M, while Short and Long Term Debt Total is likely to drop slightly above 93.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total51.1M111.6M130.7M93.7M
Total Assets290.2M256.5M246.8M194.7M

Spire Global balance sheet Correlations

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Spire Global Account Relationship Matchups

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

  0.83G Genpact LimitedPairCorr
  0.77BR Broadridge FinancialPairCorr

Moving against Spire Stock

  0.73VCIG VCI Global LimitedPairCorr
  0.69MG Mistras GroupPairCorr
  0.6FC Franklin CoveyPairCorr
  0.51VLTO VeraltoPairCorr
  0.5DLHC 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.