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Spire Cash Ratio

: 0.00 (As of Sep. 2021)
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The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Spire's Cash Ratio for the quarter that ended in Sep. 2021 was 0.00.

Spire has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Spire's Cash Ratio or its related term are showing as below:

During the past 13 years, Spire's highest Cash Ratio was 0.26. The lowest was 0.00. And the median was 0.03.


Spire Cash Ratio Historical Data

The historical data trend for Spire's Cash Ratio 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
Cash Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - - -

Spire Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Cash Ratio 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 - - - - -

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Spire's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Spire Cash Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Spire's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Spire's Cash Ratio falls into.



Spire Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Spire's Cash Ratio for the fiscal year that ended in Sep. 2021 is calculated as:

Cash Ratio (A: Sep. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.3/1608.3
=0.00

Spire's Cash Ratio for the quarter that ended in Sep. 2021 is calculated as:

Cash Ratio (Q: Sep. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.3/1608.3
=0.00

* 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:SR) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Spire Cash Ratio Related Terms

Thank you for viewing the detailed overview of Spire's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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.
Executives
Hampton Joseph B. officer: President, AL & MS 700 MARKET STREET ST. LOUIS MO 63101
Woodard Adam W. officer: Treasurer 700 MARKET STREET ST. LOUIS MO 63101
Rasche Steven P officer: Executive Vice President 12442 CINEMA LANE SAINT LOUIS MO 63127
Van Lokeren Mary Ann director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: VAN LOKEREN MARY ANN a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Fogarty Maria V. director 720 OLIVE ST. LOUIS MO 63101
Jones Rob L. director 555 EAST AIRTEX DRIVE HOUSTON TX 77073
Borer Mark A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BORER MARK A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Glotzbach Edward L director C/O VISUAL NETWORKS INC 2092 GAITHER ROAD ROCKVILLE MD 20850
Newberry Brenda D director 720 OLIVE STREET ST. LOUIS MO 63101
Schwartz Stephen S director 46897 BAYSIDE PARKWAY FREMONT CA 94538
Stupp John P Jr director STUPP JOHN P JR 120 SOUTH CENTRAL AVE STE 1650 ST LOUIS MO 63105
Carter Scott B. officer: SVP, COO of Distribution Ops 700 MARKET STREET ST. LOUIS MO 63101
Sitherwood Suzanne director, officer: President & CEO 700 MARKET STREET SAINT LOUIS MO 63101
Darrell Mark C officer: Senior Vice President 720 OLIVE STREET SAINT LOUIS MO 63101
Geiselhart Michael C officer: Senior Vice President 720 OLIVE STREET SAINT LOUIS MO 63101

Spire Headlines

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