Spire Global (Spire Global) Interest Expense : $-19.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Spire Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spire Global's interest expense for the three months ended in Dec. 2023 was $ -5.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-19.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Spire Global's Operating Income for the three months ended in Dec. 2023 was $ -8.1 Mil. Spire Global's Interest Expense for the three months ended in Dec. 2023 was $ -5.0 Mil. Spire Global did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Spire Global Interest Expense Historical Data

The historical data trend for Spire Global's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spire Global Interest Expense Chart

Spire Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.77

-11.42

-13.96

-19.04

Spire Global Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial									-4.23	-4.58	-4.71	-4.73	-5.02

Spire Global Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.0 Mil.

Spire Global (NYSE:SPIR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Spire Global's Interest Expense for the three months ended in Dec. 2023 was $-5.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-8.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $127.2 Mil.

Spire Global's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Spire Global did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Spire Global (Spire Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spire Global Inc (NYSE:SPIR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

EL9:Germany

Address

8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182

Website

https://www.spire.com

Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.

Executives

Boyd C. Johnson	officer: CLO and Corporate Secretary	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Theresa Condor	director, officer: EVP, GM Spire Space Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Peter Platzer	director, officer: Chief Executive Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Leonardo Basola	officer: Chief Financial Officer	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Thomas Krywe	officer: Chief Financial Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Joan Lordi Amble	director	AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Jack Pearlstein	director	2525 NETWORK PLACE, HERNDON VA 20171
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Elizabeth Ananda Martin	officer: General Counsel	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
John F Lusk	officer: VP & GM, Global Data Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Keith E Johnson	officer: VP & General Manager, Federal	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William Porteous	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Stephen Messer	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William P Crowell	other: See Remarks	41343 RASPBERRY DR, LEESBURG VA 20176
Six4 Holdings, Llc	other: See Remarks	12020 SUNRISE VALLEY DRIVE, SUITE 100, RESTON VA 20191