Spire Stock

Spire Liabilities 2024

Spire Liabilities

7.4 B USD

Ticker

SR

ISIN

US84857L1017

WKN

A2AH7C

In 2024, Spire's total liabilities amounted to 7.4 B USD, a 1.8% difference from the 7.27 B USD total liabilities in the previous year.

Spire Aktienanalyse

What does Spire do?

Spire Inc is an energy supply company based in St. Louis, Missouri. It was founded in 1857 as "The Laclede Gas Light Company" and has undergone numerous changes since then. In 2001, it changed its name to "The Laclede Group, Inc." before being renamed "Spire" in 2016. Spire's business model focuses on providing gas supply services to residential and commercial customers in several states in the Midwest and South of the USA. The company is divided into three main divisions - gas supply, gas pipeline, and gas marketing. In the gas supply division, Spire is responsible for providing gas to over 1.7 million customers. This includes operating gas distribution systems, maintaining pipelines and gas meters, and repairing and installing gas-operated devices. Spire's gas pipeline division is responsible for the construction and operation of pipelines. This division is responsible for transporting gas from other sources to Spire's systems. The company works closely with other gas supply companies and energy providers for this purpose. On the other hand, Spire's gas marketing division handles the sale of gas to other companies and institutions that need it for their own purposes. This division also ensures reserve supplies for any potential shortages. Spire is extremely successful in all three divisions: In 2021, the company employs over 3,500 employees and is listed on the Nasdaq stock exchange in New York. With a revenue of $1.8 billion in the past year, it is one of the largest energy companies in the United States. In addition to its main divisions, Spire also offers its customers a range of products and services to make their gas supply more effective and efficient. These include smart thermostats that save energy and reduce heating costs, as well as the ability to track gas consumption and make payments online. The company is also committed to sustainability: With an actively managed program to reduce its carbon footprint, it is committed to further advancing renewable energy and becoming more climate-friendly. In summary, it can be said that Spire is an established energy supply company that successfully focuses on gas supply and the pipeline business. Thanks to its strong market presence and ability to quickly adapt to market changes, the company is able to serve its customers with excellent service quality, innovative products, and sustainable solutions. Spire ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Spire's Liabilities

Spire's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Spire's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Spire's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Spire's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Spire’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Spire stock

What is the level of liabilities of Spire this year?

Spire has a debt balance of 7.4 B USD this year.

What were the liabilities of Spire compared to the previous year?

The liabilities of Spire have increased by 1.8% increased compared to the previous year.

What are the consequences of high debt for investors of Spire?

High liabilities can pose a risk for investors of Spire, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Spire?

Low liabilities mean that Spire has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Spire affect the company?

An increase in liabilities of Spire can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Spire affect the company?

A decrease in the liabilities of Spire can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Spire?

Some factors that can influence the liabilities of Spire include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Spire so important for investors?

The liabilities of Spire are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Spire take to modify the liabilities?

To change its liabilities, Spire can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Spire pay?

Over the past 12 months, Spire paid a dividend of 2.92 USD . This corresponds to a dividend yield of about 4.38 %. For the coming 12 months, Spire is expected to pay a dividend of 2.95 USD.

What is the dividend yield of Spire?

The current dividend yield of Spire is 4.38 %.

When does Spire pay dividends?

Spire pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Spire?

Spire paid dividends every year for the past 25 years.

What is the dividend of Spire?

For the upcoming 12 months, dividends amounting to 2.95 USD are expected. This corresponds to a dividend yield of 4.44 %.

In which sector is Spire located?

Spire is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Spire kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spire from 10/2/2024 amounting to 0.755 USD, you needed to have the stock in your portfolio before the ex-date on 9/11/2024.

When did Spire pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Spire in the year 2023?

In the year 2023, Spire distributed 2.775 USD as dividends.

In which currency does Spire pay out the dividend?

The dividends of Spire are distributed in USD.

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Andere Kennzahlen von Spire

Our stock analysis for Spire Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Spire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.