Return On Equity ratio Analysis of Spire Global Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Very Poor ROE
-98.21
Period Ending - Dec-22
Very Poor ROE
-148.71
Growth
33.96 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-85.02
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-29.60
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SPIR | 9.88 | 9.91 | 0.303 % | Specialty Business Services |
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 ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of Spire Global Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
ROE | -98.21 | -148.71 | -10.23 | 0 | 0 |
Change | 33.96 % | -1354.29 % |
FY Chart of Return On Equity of Spire Global Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)