Spire Global (FRA:EL9) Total Assets : €246.53 Mil (As of Mar. 2024)

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What is Spire Global Total Assets?

Spire Global's Total Assets for the quarter that ended in Mar. 2024 was €246.53 Mil.

During the past 12 months, Spire Global's average Total Assets Growth Rate was 6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 92.50% per year.

During the past 4 years, Spire Global's highest 3-Year average Total Assets Growth Rate was 92.50%. The lowest was 92.50%. And the median was 92.50%.

Total Assets is connected with ROA %. Spire Global's annualized ROA % for the quarter that ended in Mar. 2024 was -39.31%. Total Assets is also linked to Revenue through Asset Turnover. Spire Global's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Spire Global Total Assets Historical Data

The historical data trend for Spire Global'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.

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Spire Global Total Assets Chart

Spire Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

36.52

256.82

242.15

226.34

Spire Global Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										246.11	247.70	239.88	226.34	246.53

Spire Global 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 Global's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	64.683	+	161.655
	=	226.34

Spire Global's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	78.485	+	168.049
	=	246.53

Spire Global (FRA:EL9) Total Assets Explanation

Total Assets is connected with ROA %.

Spire Global's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-92.944	/	( (226.339	+	246.534)	/ 2 )
	=	-92.944	/	236.4365
	=	-39.31 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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 Global's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	23.633	/	( (226.339	+	246.534)	/ 2 )
=	23.633	/	236.4365
=	0.10

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 Global Total Assets Related Terms

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Spire Global (FRA:EL9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spire Global Inc (FRA:EL9) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SPIR:USA

Address

8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182

Website

https://www.spire.com

Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.

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