Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Spire GlobalSPIR +0.88%63 Debt-to-EBITDA is -0.13 as of Mar. 2026. GuruFocus rates SPIR with a GF Score™ of 63/100 and a GF Value™ of $4.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 834 Business Services companies, Spire Global ranks better than 87.41% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Spire Global's Debt-to-EBITDA or its related term are showing as below:
SPIR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.81 Med: -1.82 Max: 0.17
Current: 0.17
During the past 6 years, the highest Debt-to-EBITDA Ratio of Spire Global was 0.17. The lowest was -3.81. And the median was -1.82.
SPIR's Debt-to-EBITDA is ranked better than 87.41% of 834
companies
in the Business Services industry
Industry Median: 1.66
vs SPIR: 0.17
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Spire Global Debt-to-EBITDA Related Terms
Spire Global Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Spire Global's Debt-to-EBITDA 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.
SPIR vs QUAD, BUUU, CASS: Debt-to-EBITDA Comparison
For the Specialty Business Services subindustry, Spire Global's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Global Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Spire Global's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Spire Global (SPIR) has a Debt-to-EBITDA of -0.13 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spire Global. According to the industry distribution chart, Spire Global ranks #105 out of 834 companies in the Business Services industry, placing it in the top 12.6%.
Is Spire Global's Debt-to-EBITDA too high?
Spire Global's current Debt-to-EBITDA is -0.13. Based on the distribution chart, Spire Global ranks #105 out of 834 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spire Global has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's Debt-to-EBITDA compare to QUAD and BUUU?
According to the Business Services industry distribution chart, Spire Global ranks #105 out of 834 companies for Debt-to-EBITDA. This places Spire Global in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.66, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spire Global. For the Business Services industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire Global's current Debt-to-EBITDA is -0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire Global stock overvalued right now?
Based on GuruFocus' analysis, Spire Global (SPIR) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.28, compared to a current price of $11.46 — trading 167.8% above its estimated fair value. The current Debt-to-EBITDA is -0.13. Spire Global's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Spire Global (SPIR), the current Debt-to-EBITDA is -0.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spire Global (SPIR) Overvalued in 2026?
Based on GuruFocus' analysis, Spire Global stock appears to be overvalued.
The current stock price of $11.46 is trading 167.8% above its estimated GF Value™ of $4.28.
GuruFocus considers Spire Global to be Significantly Overvalued.
Key valuation signals for SPIR:
Debt-to-EBITDA: -0.13
GF Value™: $4.28 vs. price of $11.46 (167.8% above fair value)
No single metric tells the full story. See the SPIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spire Global Inc provides space-based data, analytics, and space services, offering datasets and insights about Earth to support decision-making. It builds, owns, and operates a constellation of nanosatellites that observe the Earth in real time using radio frequency (RF) technology. Additionally, it offers Space Services solutions that allow customers to deploy and scale their own satellite constellations using its platform, ground station network, manufacturing facilities, and launch partnerships. The company derives revenue from providing data, insights and access to its cloud-based technology platform sold on a subscription basis.
63GF Score
Get the complete analysis for SPIR
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SPIR has been successfully added to your 
