Spruce Power Holding Corp financial data

Symbol
SPRU on NYSE
Location
2000 S Colorado Blvd, Suite 2 825, Denver, CO
State of incorporation
Delaware
Fiscal year end
December 31
Former names
XL Fleet Corp. (to 11/9/2022), Pivotal Investment Corp II (to 12/22/2020)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 303 % -36.8%
Quick Ratio 58.1 % -24.4%
Debt-to-equity 7.75 % -72.6%
Return On Equity -27.6 % +2.85%
Return On Assets -6.8 % +25.2%
Operating Margin -256 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.6M shares -87.4%
Common Stock, Shares, Outstanding 18.6M shares -87.5%
Entity Public Float 102M USD -35.2%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 19.3M shares +3.55%
Weighted Average Number of Shares Outstanding, Diluted 19.3M shares -4.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23.2M USD
Revenue from Contract with Customer, Excluding Assessed Tax 79.7M USD +24.4%
Cost of Revenue 37.8M USD +280%
Research and Development Expense 11.1M USD +29%
Costs and Expenses 120M USD +9.15%
Operating Income (Loss) -40M USD +12.2%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -60.5M USD +25.7%
Earnings Per Share, Basic -3.26 USD/shares +45.4%
Earnings Per Share, Diluted -3.25 USD/shares +45.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 117M USD -28.4%
Accounts Receivable, after Allowance for Credit Loss, Current 13.3M USD -2.31%
Inventory, Net 14.1M USD -22.1%
Assets, Current 179M USD -21.3%
Property, Plant and Equipment, Net 471M USD -0.92%
Operating Lease, Right-of-Use Asset 5.32M USD +18.3%
Intangible Assets, Net (Excluding Goodwill) 9.58M USD -9.25%
Goodwill 28.8M USD 0%
Other Assets, Noncurrent 255K USD +0.39%
Assets 858M USD -6.41%
Accounts Payable, Current 1.42M USD -56.9%
Contract with Customer, Liability, Current 2.1M USD +2343%
Liabilities, Current 53.8M USD +8.54%
Contract with Customer, Liability, Noncurrent 2.54M USD +186%
Operating Lease, Liability, Noncurrent 5.27M USD +15%
Other Liabilities, Noncurrent 3.16M USD +20947%
Liabilities 654M USD +0.44%
Retained Earnings (Accumulated Deficit) -269M USD -29%
Stockholders' Equity Attributable to Parent 335M USD -11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 205M USD -23.1%
Liabilities and Equity 858M USD -6.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -22.2M USD -169%
Net Cash Provided by (Used in) Financing Activities -6.78M USD -14.6%
Net Cash Provided by (Used in) Investing Activities 5.69M USD
Common Stock, Shares Authorized 350M shares 0%
Common Stock, Shares, Issued 19.4M shares -87.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 150M USD -21.8%
Deferred Tax Assets, Valuation Allowance 74.9M USD +7.95%
Deferred Tax Assets, Gross 69.4M USD +98.6%
Operating Lease, Liability 6.9M USD +119%
Payments to Acquire Property, Plant, and Equipment 67K USD +458%
Lessee, Operating Lease, Liability, to be Paid 8.51M USD +155%
Operating Lease, Liability, Current 1.04M USD +47.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.27M USD +64.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.62M USD +88.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +138%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.62M USD +747%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.21M USD +78.7%
Deferred Tax Assets, Operating Loss Carryforwards 114M USD +62.2%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.26M USD +82.6%
Operating Lease, Payments 1.97M USD +459%
Additional Paid in Capital 477M USD +0.67%
Amortization of Intangible Assets 300K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 2.6M USD -74.3%
Interest Expense 10.9M USD +19.4%