Spire (SR) Goodwill

: $1,172 Mil (As of Dec. 2023)

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A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Spire's goodwill for the quarter that ended in Dec. 2023 was $1,172 Mil.

Spire Goodwill Historical Data

The historical data trend for Spire's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spire Annual Data

Trend

Sep14

Sep15

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Sep19

Sep20

Sep21

Sep22

Sep23

Goodwill

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1,171.60

Spire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Goodwill	Get a 7-Day Free Trial															1,171.60	1,171.60	1,171.60	1,171.60	1,171.60

Spire Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Spire (NYSE:SR) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Spire's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Goodwill-to-Asset (A: Sep. 2023 )	=	Goodwill	/	Total Assets
	=	1171.6	/	10313.6
	=	0.11

Spire's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )	=	Goodwill	/	Total Assets
	=	1171.6	/	10631.7
	=	0.11

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

Spire Goodwill Related Terms

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Spire (SR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spire Inc (NYSE:SR) » Definitions » Goodwill

Comparable Companies

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SRCU:USA SRpA.PFD:USA LGR:Germany

Address

700 Market Street, Saint Louis, MO, USA, 63101

Website

https://www.spireenergy.com

Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.

Executives

Paul D Koonce	director	P O BOX 26532, RICHMOND VA 23261
Adam W. Woodard	officer: Treasurer	700 MARKET STREET, ST. LOUIS MO 63101
Steven P Rasche	officer: Executive Vice President	700 MARKET STREET, ST. LOUIS MO 63101
Stephen M Mills	officer: Senior Vice President	700 MARKET STREET, ST. LOUIS MO 63101
Vincent J Ferrari	director	12555 MANCHESTER ROAD, DES PERES MO 63131
Brenda D Newberry	director	700 MARKET STREET, ST. LOUIS MO 63101
Carrie J Hightman	director	C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Stupp John P Jr	director	STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Joseph B. Hampton	officer: President, AL & MS	700 MARKET STREET, ST. LOUIS MO 63101
Scott B. Carter	officer: SVP, COO of Distribution Ops	700 MARKET STREET, ST. LOUIS MO 63101
Stephen S Schwartz	director	46897 BAYSIDE PARKWAY, FREMONT CA 94538
Rob L. Jones	director	555 EAST AIRTEX DRIVE, HOUSTON TX 77073
Edward L Glotzbach	director	C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Mark A Borer	director
Van Lokeren Mary Ann	director