Spire Global (SPIR) Debt Ratio (2020 - 2025)
Spire Global's Debt Ratio was 0.48 in Q1 2025, up 5.1% from 0.46 a year earlier but down 5.9% from the prior quarter.
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Analysis
Spire Global (SPIR) Debt Ratio (2020 - 2025) Analysis & Trends
For FY2024, Debt Ratio at Spire Global came in at 0.51, up 6.7% from FY2023.
- Debt Ratio has now increased for three consecutive years.
- In earlier years, Debt Ratio was 0.48 in FY2023 (+24.0%), 0.38 in FY2022 (+118.4%), 0.18 in FY2021 (-70.6%) and 0.60 in FY2020.
- Quarterly Debt Ratio has moved between 0.15 (Q3 2021) and 0.60 (Q4 2020) over five years.
- Compared with a year earlier, Debt Ratio was higher in seven of the last eight quarters, with growth averaging 11.6%.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2022 (growth of 144.4%); the worst was Q4 2021 (a decline of 70.6%).
- Per Business Quant data, SPIR's Debt Ratio in the three quarters before Q1 2025 was 0.51 (Q4 2024), 0.43 (Q3 2024) and 0.46 (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 280.36 Bn | 265.44 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 253.37 Bn | 233.78 Bn | 1.10 Bn | 0.06 |
| 3 | Fortinet | 134.62 Bn | 120.55 Bn | 1.64 Bn | 0.05 |
| 4 | Snowflake | 116.92 Bn | 104.23 Bn | 1.04 Bn | - |
| 5 | Datadog | 95.78 Bn | 77.42 Bn | 881.34 Mn | - |
| 6 | Okta | 36.98 Bn | 27.07 Bn | 641.00 Mn | - |
| 7 | Zscaler | 35.32 Bn | 21.44 Bn | - | - |
| 8 | Axon Enterprise | 32.81 Bn | 27.33 Bn | 546.45 Mn | 0.23 |
| 9 | MongoDB | 28.75 Bn | 19.21 Bn | 569.77 Mn | - |
| 10 | Spire Global | 351.17 Mn | -36.66 Mn | 6.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 0.48 |
| 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 | 0.36 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.15 |
| Dec 31, 2020 | 0.60 |
| Jun 30, 2020 | 0.23 |
API Access
Spire Global Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SPIR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SPIR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SPIR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();