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Spire Total Assets

: $9,401.30 Mil (As of Mar. 2022)
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Spire's Total Assets for the quarter that ended in Mar. 2022 was $9,401.30 Mil.

Warning Sign:

If a company builds asset at 8.9% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, Spire's average Total Assets Growth Rate was 6.30% per year. During the past 3 years, the average Total Assets Growth Rate was 11.00% per year. During the past 5 years, the average Total Assets Growth Rate was 8.90% per year. During the past 10 years, the average Total Assets Growth Rate was 17.70% per year.

During the past 13 years, Spire's highest 3-Year average Total Assets Growth Rate was 42.70%. The lowest was 0.80%. And the median was 8.30%.

Total Assets is connected with ROA %. Spire's annualized ROA % for the quarter that ended in Mar. 2022 was 7.29%. Total Assets is also linked to Revenue through Asset Turnover. Spire's Asset Turnover for the quarter that ended in Mar. 2022 was 0.09.


Spire Total Assets Historical Data

The historical data trend for Spire's Total Assets 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.

* Premium members only.

Spire Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,546.70 6,843.60 7,619.20 8,241.20 9,356.40

Spire Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,936.80 8,893.30 9,356.40 9,650.50 9,401.30

Spire Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Spire's Total Assets for the fiscal year that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (A: Sep. 2021 )+Total Liabilities (A: Sep. 2021 )
=2658.2+6698.2
=9,356.40

Spire's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=2841.2+6560.1
=9,401.30

* 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.


Spire  (NYSE:SRpA.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Spire's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=694.4/( (9650.5+9401.3)/ 2 )
=694.4/9525.9
=7.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Spire's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=880.9/( (9650.5+9401.3)/ 2 )
=880.9/9525.9
=0.09

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Spire Total Assets Related Terms

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Spire Business Description

Spire logo
Industry
Utilities » Utilities - Regulated NAICS : 221210 SIC : 4924
Traded in Other Exchanges
Address
700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc is a public utility holding company with two key business segments: Gas Utility and Gas Marketing. 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.
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