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Spire GlobalSPIR +1.06%63 Debt-to-Equity is 0.13 as of Mar. 2026, which is 85% below its 10-year median of 0.84. 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 958 Business Services companies, Spire Global ranks better than 69% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Spire Global's Debt-to-Equity or its related term are showing as below:
SPIR'
s Debt-to-Equity Range Over the Past 10 Years
Min: -9.14 Med: 0.84 Max: 20.34
Current: 0.13
During the past 6 years, the highest Debt-to-Equity Ratio of Spire Global was 20.34. The lowest was -9.14. And the median was 0.84.
SPIR's Debt-to-Equity is ranked better than 69% of 958
companies
in the Business Services industry
Industry Median: 0.33
vs SPIR: 0.13
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Spire Global Debt-to-Equity Related Terms
Spire Global Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Spire Global's Debt-to-Equity 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-Equity Comparison
For the Specialty Business Services subindustry, Spire Global's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Spire Global's Debt-to-Equity 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.
Spire Global (SPIR) has a Debt-to-Equity of 0.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spire Global and its competitors. This is 85% below median its historical median of 0.84. According to the industry distribution chart, Spire Global ranks #297 out of 958 companies in the Business Services industry, placing it in the top 31%.
Is Spire Global's Debt-to-Equity too high?
Spire Global's current Debt-to-Equity of 0.13 is 85% below median its 10-year median of 0.84. The Business Services industry median Debt-to-Equity is 0.33. Spire Global's value of 0.13 is 60.6% below this industry median. Based on the distribution chart, Spire Global ranks #297 out of 958 companies in the Business Services industry, which is above the industry midpoint. 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-Equity compare to QUAD and BUUU?
According to the Business Services industry distribution chart, Spire Global ranks #297 out of 958 companies for Debt-to-Equity. This puts Spire Global in the upper half of its industry. The industry median Debt-to-Equity is 0.33. Spire Global's value of 0.13 is 60.6% below this benchmark. While the company's 10-year median is 0.84 vs. the industry median of 0.33, Spire Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spire Global's current Debt-to-Equity of 0.13 is 60.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spire Global and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire Global's current Debt-to-Equity is 0.13, which is 85% below median its own 10-year median of 0.84. 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 $11.48 — trading 168.2% above its estimated fair value. The current Debt-to-Equity is 0.13, which is 85% below median its 10-year median of 0.84 and 60.6% below the Business Services industry median of 0.33. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Spire Global (SPIR), the current Debt-to-Equity 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 $11.48 is trading 168.2% above its estimated GF Value™ of $4.28.
GuruFocus considers Spire Global to be Significantly Overvalued.
Key valuation signals for SPIR:
Debt-to-Equity: 0.13 (85% below median its 10-year median of 0.84)
GF Value™: $4.28 vs. price of $11.48 (168.2% above fair value)
Industry Position: 60.6% below the Business Services median (#297 of 958)
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
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