Spire Global (SPIR) Debt Ratio (2020 - 2025)
Spire Global (SPIR) posted quarterly Debt Ratio of 0.51 for Q4 2024, up 6.75% year-over-year from 0.48 in Q1 2024, and up 17.51% quarter-over-quarter from 0.43 in Q3 2024.
Spire Global (SPIR) Debt Ratio (2020 - 2025) Analysis & Trends
Spire Global (SPIR) has reported Debt Ratio for 5 consecutive years, with 0.51 the latest figure, recorded in Q4 2024.
- In Q4 2024, Debt Ratio rose 6.75% year-over-year to 0.51; the TTM figure through Dec 2024 stood at 0.51 (up 6.75% YoY), while the FY2024 annual figure was 0.51, up 6.75% from the prior year.
- Debt Ratio rose to 0.51 in Q4 2024 per SPIR's latest filing, from 0.43 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.6 in Q4 2020 and bottomed at 4853.5 in Q3 2022.
- Historically, Debt Ratio has averaged 331.01 across 5 years, with a median of 0.45 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio tumbled 3258194.74% — and 2023, when it jumped 144.15%.
- Spire Global's Debt Ratio stood at 0.6 in 2020, then sank by 70.63% to 0.18 in 2021, then jumped by 118.36% to 0.38 in 2022, then increased by 23.98% to 0.48 in 2023, then climbed by 6.75% to 0.51 in 2024.
- Business Quant data shows SPIR's Debt Ratio at 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 | 81.90 Bn | 81.61 Bn | 1.48 Bn | 0.23 |
| 2 | Relx | 65.83 Bn | 65.65 Bn | - | - |
| 3 | Copart | 31.86 Bn | 28.50 Bn | 732.88 Mn | - |
| 4 | Global Payments | 25.29 Bn | 19.88 Bn | 2.03 Bn | 0.37 |
| 5 | Rb Global | 16.08 Bn | 15.55 Bn | 935.50 Mn | 0.24 |
| 6 | Aramark | 15.66 Bn | 15.16 Bn | 430.34 Mn | 0.44 |
| 7 | UL Solutions | 15.15 Bn | 14.72 Bn | 417.00 Mn | 0.10 |
| 8 | Rentokil Initial | 11.92 Bn | 9.39 Bn | - | - |
| 9 | Dolby Laboratories | 6.11 Bn | 5.44 Bn | 264.68 Mn | - |
| 10 | Spire Global | 542.64 Mn | 450.97 Mn | 6.16 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.98 |
| 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 |