Spire (STU:LGR) LT-Debt-to-Total-Asset: 0.39 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STU:LGR Spire Inc STU:LGR
79 GF Score
Price €71.50
GF Value €51.80
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Spire LT-Debt-to-Total-Asset?

Spire STU:LGR +2.14% 79 LT-Debt-to-Total-Asset is 0.39 as of Mar. 2026. GuruFocus rates STU:LGR with a GF Score™ of 79/100 and a GF Value™ of €51.80 (Significantly Overvalued). The stock has 7 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Spire's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.39.

Spire's long-term debt to total assets ratio increased from Mar. 2025 (0.30) to Mar. 2026 (0.39). It may suggest that Spire is progressively becoming more dependent on debt to grow their business.


Spire  (STU:LGR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Spire LT-Debt-to-Total-Asset Related Terms


Spire LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Spire's LT-Debt-to-Total-Asset 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.

Spire LT-Debt-to-Total-Asset Chart

Spire Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.29 0.35 0.34 0.29

Spire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 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 0.30 0.31 0.29 0.37 0.39
STU:LGR
79GF Score
Spire Inc STU:LGR
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spire LT-Debt-to-Total-Asset Calculation

Spire's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

LT Debt to Total Assets (A: Sep. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2025 )/Total Assets (A: Sep. 2025 )
=2870.729/9862.156
=0.29

Spire's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=4984.13/12689.723
=0.39

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.39 mean?
Spire (STU:LGR) has a LT-Debt-to-Total-Asset of 0.39 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spire and its competitors.
Is Spire's LT-Debt-to-Total-Asset too high?
Spire's current LT-Debt-to-Total-Asset is 0.39. Overall, Spire has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire's LT-Debt-to-Total-Asset compare to MDU and OGS?
Spire's LT-Debt-to-Total-Asset of 0.39 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Utilities - Regulated company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spire and its competitors. Spire's current LT-Debt-to-Total-Asset is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire stock overvalued right now?
Based on GuruFocus' analysis, Spire (STU:LGR) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.80, compared to a current price of €71.50 — trading 38% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.39. Spire's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Spire (STU:LGR), the current LT-Debt-to-Total-Asset is 0.39 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 (STU:LGR) Overvalued in 2026?

Based on GuruFocus' analysis, Spire stock appears to be overvalued. The current stock price of €71.50 is trading 38% above its estimated GF Value™ of €51.80. GuruFocus considers Spire to be Significantly Overvalued.

Key valuation signals for STU:LGR:

  • LT-Debt-to-Total-Asset: 0.39
  • GF Value™: €51.80 vs. price of €71.50 (38% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the STU:LGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spire Business Description

Other Exchanges SR:USA
Address 700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc. is the holding company for Spire Missouri, Spire Alabama, other gas utilities, and gas-related businesses, focused on growing organically, investing in infrastructure, and advancing through innovation. Its three segments are Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment is the core business and includes Spire Missouri, Spire Alabama, and Spire EnergySouth. The Gas Marketing segment includes Spire Marketing, which provides non-regulated natural gas services across the U.S. The Midstream segment includes Spire Storage, Spire STL Pipeline, and Spire MoGas Pipeline. The majority of revenue comes from Gas Utility.
79GF Score

Get the complete analysis for STU:LGR

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€71.50
Price
€51.80
GF Value