Spire Healthcare Group Debt-to-Equity Ratio Growth & History (SPI)
Spire Healthcare Group's debt-to-equity ratio was 1.77 for fiscal 2025.
View full Spire Healthcare Group company overviewSpire Healthcare Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.77 | 0.06 | +3.58% |
| 2024 | 2024-12-31 | 1.71 | 0.01 | +0.67% |
| 2023 | 2023-12-31 | 1.70 | 0.07 | +4.29% |
| 2022 | 2022-12-31 | 1.63 | −0.15 | −8.64% |
| 2021 | 2021-12-31 | 1.78 | 0.13 | +7.66% |
| 2020 | 2020-12-31 | 1.66 | — | — |
Spire Healthcare Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 1.77 | 0.06 | +3.58% |
| Q4 2024 | 2024-12-31 | 1.71 | — | — |
Spire Healthcare Group debt-to-equity ratio trends
Over the last five fiscal years, Spire Healthcare Group's debt-to-equity ratio increased from 1.66 to 1.77, a change of 0.12. The latest reported quarter, Q4 2025, shows 1.77.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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