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Spire Global (Spire Global) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


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What is Spire Global Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Spire Global's Total Liabilities for the quarter that ended in Mar. 2024 was $182.7 Mil. Spire Global's Total Assets for the quarter that ended in Mar. 2024 was $268.0 Mil. Therefore, Spire Global's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


Spire Global Liabilities-to-Assets Historical Data

The historical data trend for Spire Global's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Spire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
2.10 0.35 0.57 0.71

Spire Global Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.65 0.70 0.71 0.68

Competitive Comparison of Spire Global's Liabilities-to-Assets

For the Specialty Business Services subindustry, Spire Global's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spire Global's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Spire Global's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Spire Global's Liabilities-to-Assets falls into.



Spire Global Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Spire Global's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=176.287/246.825
=0.71

Spire Global's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=182.662/267.972
=0.68

* 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.


Spire Global  (NYSE:SPIR) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Spire Global Liabilities-to-Assets Related Terms

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Spire Global (Spire Global) Business Description

Traded in Other Exchanges
Address
8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182
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