Spire Financial Statements From 2010 to 2024
SRCUDelisted Stock | USD 47.84 0.00 0.00% |
Check Spire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spire financial statements analysis is a perfect complement when working with Spire Valuation or Volatility modules.
Spire |
Spire Inc Company Return On Equity Analysis
Spire's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Spire Return On Equity | 0.0926 |
Most of Spire's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spire Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Spire Inc has a Return On Equity of 0.0926. This is 98.41% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The return on equity for all United States stocks is 129.87% lower than that of the firm.
Spire Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spire's current stock value. Our valuation model uses many indicators to compare Spire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spire competition to find correlations between indicators driving Spire's intrinsic value. More Info.Spire Inc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Spire Inc is roughly 3.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Spire's earnings, one of the primary drivers of an investment's value.About Spire Financial Statements
Spire shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Spire investors may analyze each financial statement separately, they are all interrelated. The changes in Spire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 3710 people.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Spire Pink Sheet
If you are still planning to invest in Spire Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spire's history and understand the potential risks before investing.
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