Spruce Power Holding Corp financial data

Symbol
SPRU on NYSE
Industry
Electric Services
Location
2000 S Colorado Blvd, Suite 2 825, Denver, CO
State of incorporation
DE
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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 304 % -23.6%
Quick Ratio 58.1 % -24.4%
Debt-to-equity 7.75 % -72.6%
Return On Equity -48.4 % -63.3%
Return On Assets -11.1 % -26.7%
Operating Margin -256 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.6M shares +2.07%
Common Stock, Shares, Outstanding 18.6M shares +2.22%
Entity Public Float 102M USD -35.2%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 18.6M shares +7%
Weighted Average Number of Shares Outstanding, Diluted 18.6M shares +7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23.2M USD
Revenue from Contract with Customer, Excluding Assessed Tax 77.8M USD -5.38%
Cost of Revenue 37.8M USD +280%
Research and Development Expense 11.1M USD +29%
Costs and Expenses 130M USD +1.8%
Operating Income (Loss) -52.6M USD -14.7%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -94.7M USD -20.2%
Earnings Per Share, Basic -5.03 USD/shares +14%
Earnings Per Share, Diluted -5.02 USD/shares +14.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 114M USD -26.3%
Accounts Receivable, after Allowance for Credit Loss, Current 11.5M USD -8.34%
Inventory, Net 14.1M USD -22.1%
Assets, Current 173M USD -24.3%
Property, Plant and Equipment, Net 465M USD -4.85%
Operating Lease, Right-of-Use Asset 5.03M USD -19.4%
Intangible Assets, Net (Excluding Goodwill) 9.27M USD -9.7%
Goodwill 0 USD -100%
Other Assets, Noncurrent 255K USD -0.78%
Assets 807M USD -14.2%
Accounts Payable, Current 858K USD -30.6%
Contract with Customer, Liability, Current 1.69M USD +1461%
Liabilities, Current 62.8M USD -23.2%
Contract with Customer, Liability, Noncurrent 2.88M USD +165%
Operating Lease, Liability, Noncurrent 5.06M USD -15.7%
Other Liabilities, Noncurrent 3.22M USD +2749%
Liabilities 655M USD -5.87%
Retained Earnings (Accumulated Deficit) -322M USD -41.6%
Stockholders' Equity Attributable to Parent 335M USD -11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 152M USD -37.9%
Liabilities and Equity 807M USD -14.2%

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 +2.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 150M USD -22.2%
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 956K USD -15.1%
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 +0.61%
Amortization of Intangible Assets 2.04M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 2.4M USD -71.1%
Interest Expense 10.9M USD +19.4%