Spire Historical Balance Sheet

SR Stock  USD 73.38  0.83  1.14%   
Trend analysis of Spire Inc balance sheet accounts such as Total Current Liabilities of 1.8 B, Total Stockholder Equity of 3.4 B or Property Plant And Equipment Net of 7.6 B provides information on Spire's total assets, liabilities, and equity, which is the actual value of Spire Inc to its prevalent stockholders. By breaking down trends over time using Spire 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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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Spire Inc 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 Inc is a good buy for the upcoming year.

Spire Inventory

185.92 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Spire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spire Inc at a specified time, usually calculated after every quarter, six months, or one year. Spire Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spire 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 Balance Sheet Chart

At this time, Spire's Retained Earnings are relatively stable compared to the past year. As of 11/25/2024, Non Current Assets Total is likely to grow to about 10.6 B, while Other Current Liabilities is likely to drop slightly above 177.2 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Spire 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 Inc 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.
Most accounts from Spire's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Spire Inc 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 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Spire's Retained Earnings are relatively stable compared to the past year. As of 11/25/2024, Non Current Assets Total is likely to grow to about 10.6 B, while Other Current Liabilities is likely to drop slightly above 177.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.3B4.7B989M1.4B
Total Assets10.1B10.3B10.9B11.4B

Spire balance sheet Correlations

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0.740.620.70.950.990.990.520.620.970.64-0.481.00.64-0.50.620.750.450.670.690.340.640.660.690.940.31
0.760.620.650.730.590.520.511.00.530.77-0.410.580.01-0.390.740.710.910.740.810.290.950.050.810.690.6
0.890.70.650.730.710.620.540.650.590.64-0.610.70.08-0.60.610.880.570.590.50.440.680.260.570.650.62
0.780.950.730.730.940.920.470.730.920.81-0.540.930.47-0.560.740.760.530.760.780.40.730.470.790.980.48
0.750.990.590.710.940.980.540.590.980.61-0.470.990.62-0.490.580.760.40.630.630.320.60.690.630.930.34
0.670.990.520.620.920.980.440.520.980.55-0.460.990.74-0.480.530.690.330.60.640.320.530.750.610.930.2
0.620.520.510.540.470.540.440.50.460.39-0.010.520.05-0.010.40.660.460.470.180.10.510.260.350.40.34
0.760.621.00.650.730.590.520.50.530.77-0.420.580.01-0.40.740.710.910.740.810.30.950.050.810.690.6
0.670.970.530.590.920.980.980.460.530.6-0.40.970.72-0.430.580.680.340.590.660.30.550.690.640.920.26
0.720.640.770.640.810.610.550.390.770.6-0.320.58-0.03-0.310.950.690.660.870.820.20.77-0.10.930.730.71
-0.5-0.48-0.41-0.61-0.54-0.47-0.46-0.01-0.42-0.4-0.32-0.49-0.211.0-0.25-0.4-0.24-0.16-0.39-0.88-0.35-0.27-0.26-0.57-0.43
0.731.00.580.70.930.990.990.520.580.970.58-0.490.67-0.510.570.740.40.620.640.350.60.710.630.930.29
0.160.640.010.080.470.620.740.050.010.72-0.03-0.210.67-0.250.010.18-0.110.120.310.210.050.860.160.56-0.41
-0.49-0.5-0.39-0.6-0.56-0.49-0.48-0.01-0.4-0.43-0.311.0-0.51-0.25-0.25-0.4-0.21-0.16-0.39-0.88-0.34-0.31-0.26-0.58-0.41
0.670.620.740.610.740.580.530.40.740.580.95-0.250.570.01-0.250.640.680.880.830.180.77-0.150.960.650.6
0.980.750.710.880.760.760.690.660.710.680.69-0.40.740.18-0.40.640.590.730.610.270.70.360.670.720.54
0.640.450.910.570.530.40.330.460.910.340.66-0.240.4-0.11-0.210.680.590.660.730.170.97-0.110.730.470.51
0.690.670.740.590.760.630.60.470.740.590.87-0.160.620.12-0.160.880.730.660.80.10.760.040.930.70.37
0.660.690.810.50.780.630.640.180.810.660.82-0.390.640.31-0.390.830.610.730.80.280.820.110.940.780.41
0.370.340.290.440.40.320.320.10.30.30.2-0.880.350.21-0.880.180.270.170.10.280.260.20.180.420.26
0.750.640.950.680.730.60.530.510.950.550.77-0.350.60.05-0.340.770.70.970.760.820.260.050.830.670.56
0.320.660.050.260.470.690.750.260.050.69-0.1-0.270.710.86-0.31-0.150.36-0.110.040.110.20.05-0.020.55-0.25
0.690.690.810.570.790.630.610.350.810.640.93-0.260.630.16-0.260.960.670.730.930.940.180.83-0.020.740.48
0.750.940.690.650.980.930.930.40.690.920.73-0.570.930.56-0.580.650.720.470.70.780.420.670.550.740.4
0.60.310.60.620.480.340.20.340.60.260.71-0.430.29-0.41-0.410.60.540.510.370.410.260.56-0.250.480.4
Click cells to compare fundamentals

Spire Account Relationship Matchups

Spire balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.3M51.7M52.1M52.6M56.3M29.6M
Total Assets8.2B9.4B10.1B10.3B10.9B11.4B
Short Long Term Debt Total3.1B3.7B4.3B4.7B989M1.4B
Other Current Liab350.2M330.8M280.5M237.5M324.1M177.2M
Total Current Liabilities1.4B1.6B2.4B1.8B1.7B1.8B
Total Stockholder Equity2.5B2.7B2.8B2.9B3.2B3.4B
Property Plant And Equipment Net4.7B5.1B5.9B6.5B7.2B7.6B
Current Deferred Revenue75.9M61M46.9M48.6M48.4M50.8M
Net Debt3.1B3.7B4.3B4.7B989M1.4B
Retained Earnings720.7M843M905.5M958M1.0B1.1B
Accounts Payable243.3M409.9M617.4M253.1M237.2M161.4M
Cash4.1M4.3M6.5M5.6M6.4M6.1M
Non Current Assets Total7.7B8.0B8.5B9.2B10.1B10.6B
Non Currrent Assets Other225.5M264.9M258.1M1.5B1.6B1.7B
Cash And Short Term Investments4.1M4.3M6.5M5.6M4.5M4.3M
Net Receivables263.3M605.5M644M310.5M289.4M207.9M
Common Stock Total Equity51M51.6M51.7M52.5M60.4M32.7M
Liabilities And Stockholders Equity8.2B9.4B10.1B10.3B5.7B3.8B
Non Current Liabilities Total4.3B5.1B4.9B5.6B808.4M768.0M
Inventory191.5M305M422.3M279.5M263.9M185.9M
Other Current Assets131.7M401.7M519.2M481.3M213.5M111.8M
Other Stockholder Equity1.5B1.5B1.6B1.6B1.9B2.0B
Total Liab5.7B6.7B7.3B7.4B2.5B2.5B
Property Plant And Equipment Gross5.1B471.1M491.4M8.9B10.3B10.8B
Total Current Assets590.6M1.3B1.6B1.1B771.3M530.3M
Accumulated Other Comprehensive Income(41.2M)3.6M47.2M47.6M12.1M12.7M
Short Term Debt708.4M727.8M1.3B1.1B989M1.0B
Common Stock1.6B1.6B1.6B53.2M57.7M54.8M
Other Liab1.8B2.2B1.9B2.0B2.3B2.4B
Other Assets1.2B1.3B1.3B1.5B1.7B1.8B
Long Term Debt2.4B2.9B3.0B3.6B4.1B4.3B
Property Plant Equipment432.3M5.6B5.9B6.5B7.4B7.8B
Deferred Long Term Liab1.1B1.3B1.1B1.2B1.4B774.9M
Net Tangible Assets2.3B1.2B1.4B1.5B1.4B1.4B
Long Term Debt Total2.1B2.4B2.9B3.0B3.4B2.1B

Pair Trading with Spire

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spire Stock

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The ability to find closely correlated positions to Spire 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 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 - 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 Inc to buy it.
The correlation of Spire 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Inc 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 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's price analysis, check to measure Spire'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 is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire'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's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.