Spire Global Inc (SPIR) - Net Assets
Based on the latest financial reports, Spire Global Inc (SPIR) has net assets worth $133.13 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($224.26 Million) and total liabilities ($91.13 Million). 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. Check Spire Global Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $133.13 Million |
| % of Total Assets | 59.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.74 |
Spire Global Inc - Net Assets Trend (2019–2024)
This chart illustrates how Spire Global Inc's net assets have evolved over time, based on quarterly financial data. Also explore Spire Global Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Spire Global Inc (2019–2024)
The table below shows the annual net assets of Spire Global Inc from 2019 to 2024. For live valuation and market cap data, see SPIR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-11.69 Million | -130.93% |
| 2023-12-31 | $37.78 Million | -58.54% |
| 2022-12-31 | $91.13 Million | -52.09% |
| 2021-12-31 | $190.21 Million | +490.28% |
| 2020-12-31 | $-48.74 Million | -161.25% |
| 2019-12-31 | $-18.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spire Global Inc'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 35946200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | % |
| Other Comprehensive Income | $-9.77 Million | % |
| Other Components | $536.18 Million | % |
| Total Equity | $-11.69 Million | 100.00% |
Spire Global Inc Competitors by Market Cap
The table below lists competitors of Spire Global Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Weyco Group Inc
NASDAQ:WEYS
|
$314.91 Million |
|
Perpetual Credit Income Trust
AU:PCI
|
$314.92 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$314.92 Million |
|
Celon Pharma SA
WAR:CLN
|
$314.97 Million |
|
Precious Shipping Public Company Limited
BK:PSL
|
$314.68 Million |
|
BIGLARI HLDGS CL. A
F:SQ7A
|
$314.40 Million |
|
Morguard Real Estate Investment Trust
TO:MRT-UN
|
$314.29 Million |
|
Universal Cables Limited
NSE:UNIVCABLES
|
$314.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spire Global Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,784,000 to -11,687,000, a change of -49,471,000 (-130.9%).
- Net loss of 102,818,000 reduced equity.
- New share issuances of 37,881,000 increased equity.
- Other comprehensive income decreased equity by 5,214,000.
- Other factors increased equity by 20,680,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-102.82 Million | -879.76% |
| Share Issuances | $37.88 Million | +324.13% |
| Other Comprehensive Income | $-5.21 Million | -44.61% |
| Other Changes | $20.68 Million | +176.95% |
| Total Change | $- | -130.93% |
Book Value vs Market Value Analysis
This analysis compares Spire Global Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-14.48 | $18.18 | x |
| 2020-12-31 | $-22.07 | $18.18 | x |
| 2021-12-31 | $24.49 | $18.18 | x |
| 2022-12-31 | $5.21 | $18.18 | x |
| 2023-12-31 | $1.93 | $18.18 | x |
| 2024-12-31 | $-0.48 | $18.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spire Global Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -93.09%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-55.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -174.78% | 0.39x | 0.00x | $-30.45 Million |
| 2020 | 0.00% | -114.09% | 0.64x | 0.00x | $-27.63 Million |
| 2021 | -20.03% | -87.82% | 0.14x | 1.60x | $-57.11 Million |
| 2022 | -108.65% | -139.91% | 0.28x | 2.81x | $-108.13 Million |
| 2023 | -205.27% | -79.46% | 0.41x | 6.33x | $-81.34 Million |
| 2024 | 0.00% | -93.09% | 0.57x | 0.00x | $-101.65 Million |
Industry Comparison
This section compares Spire Global Inc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $541,411,172
- Average return on equity (ROE) among peers: -0.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spire Global Inc (SPIR) | $133.13 Million | 0.00% | 0.68x | $314.78 Million |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.47 Billion |
| Amentum Holdings Inc. (AMTM) | $415.22 Million | -75.55% | 14.44x | $6.26 Billion |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $2.55 Million | 32.19% | 1.48x | $81.25 Million |
| Aramark Holdings (ARMK) | $3.72 Billion | 18.12% | 3.53x | $10.51 Billion |
| AZZ Incorporated (AZZ) | $375.91 Million | 15.85% | 1.54x | $4.12 Billion |
| Blacksky Technology Inc (BKSY) | $93.16 Million | -57.81% | 1.41x | $1.21 Billion |
| BUUU Group Limited Class A Ordinary Share (BUUU) | $1.34 Million | 62.16% | 0.93x | $210.15 Million |
| BrightView Holdings (BV) | $206.46 Million | -30.59% | 0.59x | $1.11 Billion |
| Cass Information Systems Inc (CASS) | $56.60 Million | 10.95% | 7.85x | $610.56 Million |
| CBIZ Inc (CBZ) | $480.02 Million | 8.35% | 1.33x | $1.52 Billion |
About Spire Global Inc
Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety, an… Read more