Is it safe?
Can SR take a bad year?
Spire Inc. carries $7.67B of net debt at 8.88× EBITDA: a heavy load to carry through a bad year.
$7.67B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 8.88×
Net debt / EBITDA · 5.69× a year ago · the load is going up
- Altman Z-score
- 0.66
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.2 years
Cash runway · burning $56M a quarter at the current rate
Details›
- Total debtQ2 2026
- $7.72B
- Cash and short-term investments
- $50M
- Net debt
- $7.67B
- EBITDA, trailing twelve months
- $864M
- Operating profit, trailing twelve months
- $546M
- Debt / equity
- 2.26×
- Total debt / EBITDA
- 8.93×
- Annualised volatilitytwo years of daily moves
- 20%
- Worst drawdown on file
- −40%
- Below its 52-week high
- −11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Gas
Ranks #2 of 13 by Smart Score