Is Spire Global, Inc. (SPIR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 35.2% / 30% | 6.1% / 30% | 4.2% / 30% | 1.4% / 5% | ✗ NOT HALAL |
| DJIM | 35.2% / 33% | 6.1% / 33% | 4.2% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| MSCI | 57.6% / 33% | 9.9% / 33% | 6.9% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| S&P | 35.2% / 33% | 6.1% / 33% | 4.2% / 33% | 1.4% / 5% | ✗ NOT HALAL |
| FTSE | 57.6% / 33% | 9.9% / 33% | 6.9% / 50% | 1.4% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.9% | |
| Operating Margin | -114.1% | |
| Net Margin | 71.7% | |
| Return on Equity (ROE) | 101.4% | |
| Return on Assets (ROA) | -26.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$18M |
| Free Cash Flow | -$45M |
| Total Debt | $111M |
| Debt-to-Equity | 11.9 |
| Current Ratio | 1.3 |
| Total Assets | $194M |
Price & Trading
| Last Close | $13.49 |
| 50-Day MA | $10.79 |
| 200-Day MA | $10.27 |
| Avg Volume | 673K |
| Beta | 2.5 |
|
52-Week Range
$6.60
| |
About Spire Global, Inc. (SPIR)
Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Space Reconnaissance service, a mission-critical insights support defense, intelligence, and national security operations; Aviation service, a satellite-based aircraft tracking data to power applications; Weather and Climate, a space-based data, AI-powered insights, and predictive weather analytics; and Space Services solutions includes space-as-a- service, which delivers and develops infrastructure, including ground station network and cloud infrastructure to access spaces. It serves government, logistics, operations, insurance, energy, agriculture, and financial industries. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. was founded in 2012 and is headquartered in Vienna, Virginia.
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Frequently Asked Questions
Is Spire Global, Inc. (SPIR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Spire Global, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Spire Global, Inc.'s debt ratio?
Spire Global, Inc.'s debt ratio is 35.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 57.6%.
What are Spire Global, Inc.'s key financial metrics?
Spire Global, Inc. has a market capitalization of $414M, trailing P/E ratio of 8.3, and revenue of $110M. The company maintains a gross margin of 40.9% and a net margin of 71.7%. Return on equity stands at 101.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.