Return On Equity ratio Analysis of Spire Global Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROE
Period Ending - Dec-23

-98.21


Very Poor ROE
Period Ending - Dec-22
-148.71

Very Poor ROE
Growth
33.96 %
Trailing Twelve Months ROE
Period Ending - Dec-23

-85.02


Very Poor ROE
Most recent Quarter ROE
Period Ending - Mar-24

-29.60


Very Poor ROE
ROE Analysis of Spire Global Inc
ROE Ratio of Spire Global Inc with value of -85.02 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months.
ROE Ratio of Spire Global Inc with value of -29.60 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24.
ROE Ratio of SPIR rose handsomely by 33.96 % this year.
ROE Ratio with value of 0 was highest in Year Dec-20 in last Five Years.
ROE Ratio with value of -148.71 was lowest in Year Dec-22 in last Five Years.
Latest ROE Ratio with value of -98.21 is lower than Average ROE of -51.43 in last five years.
ROE of Spire Global Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months.
Other ROE Related Info of SPIR that may interest you.
Spire Global Inc Overview
CodePricePrevious PricePrice ChangeSector
SPIR9.889.91 0.303 % Specialty Business Services
Fundamental AnalysisTechnical Analysis
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund.   more ..
Return On Equity Formula

ROE Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Equity of Spire Global Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROE-98.21-148.71-10.2300
Change33.96 %-1354.29 %
FY Chart of Return On Equity of Spire Global Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)