Spire Global (SPIR) Debt Ratio (2020 - 2024)
Spire Global's (SPIR) quarterly Debt Ratio came in at 0.51 in Q4 2024, up 6.75% year-on-year from 0.48 in Q1 2024, and up 17.51% on a QoQ basis from 0.43 in Q3 2024.
Spire Global (SPIR) Debt Ratio (2020 - 2024) Analysis & Trends
Spire Global (SPIR) has 5 years of Debt Ratio data on file, last reported at 0.51 in Q4 2024.
- On a quarterly basis, Debt Ratio rose 6.75% year-over-year to 0.51 in Q4 2024; TTM through Dec 2024 was 0.51, a 6.75% increase from a year earlier, with the FY2024 full-year figure at 0.51, up 6.75% from the prior year.
- Debt Ratio for Q4 2024 stood at 0.51, up from 0.43 in the prior quarter.
- Over the last five years, Debt Ratio for SPIR reached as high as 0.6 in Q4 2020 and fell as low as 4853.5 in Q3 2022.
- Historically, Debt Ratio has averaged 331.01 across 5 years, with a median of 0.45 in 2023.
- Across the five-year window, Debt Ratio sank 3258194.74% in 2022 and surged 144.15% in 2023, its largest moves.
- Year by year, Debt Ratio stood at 0.6 in 2020, then sank by 70.63% to 0.18 in 2021, then soared by 118.36% to 0.38 in 2022, then gained by 23.98% to 0.48 in 2023, then increased by 6.75% to 0.51 in 2024.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.51 in Q4 2024, 0.43 in Q3 2024, and 0.46 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 0.26 |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | 71.37 |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | -0.05 |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | - |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 0.35 |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 0.19 |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 0.12 |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 0.44 |
| 10 | Spire Global | 356.40 Mn | 274.63 Mn | 6.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | -4,853.50 |
| Jun 30, 2022 | -116.77 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.15 |
| Dec 31, 2020 | 0.60 |