Debt to Equity Ratio Analysis of Spire Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Sep-23
Not Good Debt to Equity
1.60
Period Ending - Sep-22
Not Good Debt to Equity
1.52
Growth
5.40 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Indecisive Debt to Equity
1.33
Debt to Equity Analysis of Spire Inc
Debt to Equity Ratio of SR has grown by 5.40 % Compared to previous Financial Year. |
Debt to Equity Ratio of SR trending up for at least three Years. |
Debt to Equity Ratio with value of 1.13 was lowest in Year Sep-19 in last Five Years. |
Latest Debt to Equity Ratio with value of 1.60 is Greater than Average Debt to Equity of 1.37 in last five years. |
Other Debt to Equity Related Info of SR that may interest you.
Spire Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SR | 58.59 | 58.47 | 0.205 % | Utilities-Regulated Gas |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..![Debt to Equity Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Debt to Equity Ratio of Spire Inc
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 1.60 | 1.52 | 1.38 | 1.24 | 1.13 | 1.17 | 1.29 |
Change | 5.40 % | 10.01 % | 11.09 % | 10.19 % | -3.33 % | -9.76 % | -7.99 % |
FY Chart of Debt to Equity Ratio of Spire Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)