What does derivative assets mean?

Fair value of derivative contracts (swaps, options, forwards, futures) in a net gain position — represents amounts owed to the firm by counterparties.

Spire SR Derivative assets

Discontinued — last reported Q3 '19

Derivative assets at other companies

Southern CompanySO

$37M—

OGS

ONE GASOGS

$27.86M+19.7%

UGIUGI

$81M-41.3%

New Jersey ResourcesNJR

$9.53M+58.3%

Duke EnergyDUK

$539M+118%

PG&EPCG

——

Segments

By segment

See full

Gas Marketing$90.2M+86.0%

All Other Segments$27.1M+23.2%

Gas Utility$26.4M+7.3%

Other financials

Income statement

See full

Revenue$1.0B-3.0%

Gross profit$419.6M+12.7%

Operating income$303.5M+9.2%

Net income$282.2M+34.8%

EPS (diluted)$4.60+31.1%

Balance sheet

See full

Cash & equivalents$49.5M+226%

Total debt$7.7B+76.9%

Total equity$3.4B-2.6%

Total assets$14.7B+29.3%

Cash flow

See full

Operating cash flow$410.4M+10.1%

CapEx$192.2M-12.1%

Free cash flow$218.2M—

Valuation

See full

Market cap$4.55B+17.2%

Profitability

See full

Operating margin22.6%+3.0pp

Net margin12.7%+3.2pp

FCF margin-8.8%—

Returns & leverage

See full

Return on equity10.6%+1.8pp

Debt / equity2.3×+1.0×

Current ratio0.5×+0.1×

Where this comes from

Reported directly by Spire in its filing.

Tagged under the XBRL concept us-gaap:DerivativeAssetsCurrent.

The official record: Spire’s 10-Q, filed July 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does derivative assets mean?: Fair value of derivative contracts (swaps, options, forwards, futures) in a net gain position — represents amounts owed to the firm by counterparties.