Spire Healthcare Group Plc
Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics in the United Kingdom. The company operates in three segments: Hospitals Business, Vita Health Group, and The Doctors Clinic Group. It provides diagnostics, inpatient, day case, and outpatient care in areas, including orthopedics, gynaecology, cardiology, neurology, oncology, and general su… Read more
Spire Healthcare Group Plc (SPI) - Net Assets
Latest net assets as of June 2025: GBX735.00 Million GBX
Based on the latest financial reports, Spire Healthcare Group Plc (SPI) has net assets worth GBX735.00 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.36 Billion) and total liabilities (GBX1.63 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX735.00 Million |
| % of Total Assets | 31.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5.6% |
| 10-Year Change | -25.2% |
| Growth Volatility | 8.35 |
Spire Healthcare Group Plc - Net Assets Trend (2011–2024)
This chart illustrates how Spire Healthcare Group Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spire Healthcare Group Plc (2011–2024)
The table below shows the annual net assets of Spire Healthcare Group Plc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX746.20 Million | +1.14% |
| 2023-12-31 | GBX737.80 Million | +1.75% |
| 2022-12-31 | GBX725.10 Million | +2.88% |
| 2021-12-31 | GBX704.80 Million | -0.25% |
| 2020-12-31 | GBX706.60 Million | -24.82% |
| 2019-12-31 | GBX939.90 Million | -0.91% |
| 2018-12-31 | GBX948.50 Million | -8.61% |
| 2017-12-31 | GBX1.04 Billion | +0.25% |
| 2016-12-31 | GBX1.04 Billion | +3.78% |
| 2015-12-31 | GBX997.60 Million | +4.46% |
| 2014-12-31 | GBX955.00 Million | +472.76% |
| 2013-12-31 | GBX-256.20 Million | +42.01% |
| 2012-12-31 | GBX-441.80 Million | -3.56% |
| 2011-12-31 | GBX-426.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spire Healthcare Group Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 46290000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX4.00 Million | 0.53% |
| Other Comprehensive Income | GBX378.20 Million | 50.53% |
| Other Components | GBX829.10 Million | 110.78% |
| Total Equity | GBX748.40 Million | 100.00% |
Spire Healthcare Group Plc Competitors by Market Cap
The table below lists competitors of Spire Healthcare Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALCHIMIE EO 1-
F:922
|
$98.16K |
|
Alchimie Sa
PA:ALCHI
|
$98.16K |
|
RENEWI
AS:RWI
|
$98.26K |
|
6NO
STU:6NO
|
$98.28K |
|
MAARF
OTCGREY:MAARF
|
$98.15K |
|
XENCOR (XE9.SG)
STU:XE9
|
$98.15K |
|
DHT HLDGS
BE:D8EN
|
$98.11K |
|
Cho Bi Co. Ltd.
KQ:001550
|
$98.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spire Healthcare Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 739,900,000 to 748,400,000, a change of 8,500,000 (1.1%).
- Net income of 25,400,000 contributed positively to equity growth.
- Dividend payments of 8,500,000 reduced retained earnings.
- Share repurchases of 11,600,000 reduced equity.
- Other comprehensive income decreased equity by 1,200,000.
- Other factors increased equity by 12,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX25.40 Million | +3.39% |
| Dividends Paid | GBX8.50 Million | -1.14% |
| Share Repurchases | GBX11.60 Million | -1.55% |
| Other Comprehensive Income | GBX-1.20 Million | -0.16% |
| Other Changes | GBX12.90 Million | +1.72% |
| Total Change | GBX- | 1.15% |
Book Value vs Market Value Analysis
This analysis compares Spire Healthcare Group Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 101.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | GBX-1.06 | GBX184.80 | x |
| 2012-12-31 | GBX-1.10 | GBX184.80 | x |
| 2013-12-31 | GBX-1.02 | GBX184.80 | x |
| 2014-12-31 | GBX3.00 | GBX184.80 | x |
| 2015-12-31 | GBX2.48 | GBX184.80 | x |
| 2016-12-31 | GBX2.58 | GBX184.80 | x |
| 2017-12-31 | GBX2.59 | GBX184.80 | x |
| 2018-12-31 | GBX2.36 | GBX184.80 | x |
| 2019-12-31 | GBX2.31 | GBX184.80 | x |
| 2020-12-31 | GBX1.76 | GBX184.80 | x |
| 2021-12-31 | GBX1.77 | GBX184.80 | x |
| 2022-12-31 | GBX1.77 | GBX184.80 | x |
| 2023-12-31 | GBX1.79 | GBX184.80 | x |
| 2024-12-31 | GBX1.82 | GBX184.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spire Healthcare Group Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.68%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.13x
- Recent ROE (3.39%) is above the historical average (-0.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -3.31% | 0.30x | 0.00x | GBX20.35 Million |
| 2012 | 0.00% | -17.59% | 0.33x | 0.00x | GBX-85.82 Million |
| 2013 | 0.00% | 13.37% | 0.47x | 0.00x | GBX127.82 Million |
| 2014 | 0.63% | 0.70% | 0.53x | 1.68x | GBX-89.50 Million |
| 2015 | 6.01% | 6.78% | 0.53x | 1.66x | GBX-39.76 Million |
| 2016 | 5.18% | 5.79% | 0.54x | 1.67x | GBX-49.93 Million |
| 2017 | 1.62% | 1.80% | 0.54x | 1.67x | GBX-86.99 Million |
| 2018 | 0.01% | 0.01% | 0.41x | 2.38x | GBX-94.75 Million |
| 2019 | 0.77% | 0.73% | 0.43x | 2.43x | GBX-86.79 Million |
| 2020 | -33.10% | -25.43% | 0.44x | 2.98x | GBX-304.56 Million |
| 2021 | -1.37% | -0.88% | 0.49x | 3.15x | GBX-80.66 Million |
| 2022 | 1.18% | 0.72% | 0.55x | 2.95x | GBX-64.50 Million |
| 2023 | 3.69% | 2.01% | 0.59x | 3.09x | GBX-46.69 Million |
| 2024 | 3.39% | 1.68% | 0.64x | 3.13x | GBX-49.44 Million |
Industry Comparison
This section compares Spire Healthcare Group Plc's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $308,216,139
- Average return on equity (ROE) among peers: -33.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spire Healthcare Group Plc (SPI) | GBX735.00 Million | 0.00% | 2.22x | $98.16K |
| Rhoen Klinikum AG (0NQH) | $1.22 Billion | 2.31% | 0.36x | $59.52 Million |
| Kanabo Group PLC (KNB) | $674.00K | -53.56% | 0.05x | $173.13 |
| One Health Group Plc (OHGR) | $4.97 Million | 14.26% | 1.23x | $275.73 |
| Totally PLC (TLY) | $2.45 Million | -98.77% | 0.28x | $57.39 |