Spruce Power Holding Corp financial data

Symbol
SPRU on NYSE
Industry
Electric Services
Location
2000 S Colorado Blvd, Suite 2 825, Denver, Colorado
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
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 327 % -49.1%
Quick Ratio 58.1 % -24.4%
Debt-to-equity 7.75 % -72.6%
Return On Equity -20.9 % +34.8%
Return On Assets -5.4 % +58%
Operating Margin -256 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.3 M shares -87.6%
Common Stock, Shares, Outstanding 18.3 M shares -87.7%
Entity Public Float 102 M USD -35.2%
Common Stock, Value, Issued 14 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 19.1 M shares +4.5%
Weighted Average Number of Shares Outstanding, Diluted 19.1 M shares +4.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23.2 M USD
Revenue from Contract with Customer, Excluding Assessed Tax 80.1 M USD +93.9%
Cost of Revenue 37.8 M USD +280%
Research and Development Expense 11.1 M USD +29%
Costs and Expenses 118 M USD +23%
Operating Income (Loss) -37.6 M USD +30.9%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -48.9 M USD +49.7%
Earnings Per Share, Basic -2.65 USD/shares +57.4%
Earnings Per Share, Diluted -2.65 USD/shares +57.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 121 M USD -30.2%
Accounts Receivable, after Allowance for Credit Loss, Current 11 M USD -3.81%
Inventory, Net 14.1 M USD -22.1%
Assets, Current 178 M USD -24.4%
Property, Plant and Equipment, Net 478 M USD -0.93%
Operating Lease, Right-of-Use Asset 5.63 M USD +76.7%
Intangible Assets, Net (Excluding Goodwill) 9.89 M USD -8.83%
Goodwill 28.8 M USD 0%
Other Assets, Noncurrent 255 K USD -0.78%
Assets 868 M USD -6.32%
Accounts Payable, Current 769 K USD -65.1%
Contract with Customer, Liability, Current 1.15 M USD +1724%
Liabilities, Current 53.2 M USD +2.24%
Contract with Customer, Liability, Noncurrent 2.04 M USD +184%
Operating Lease, Liability, Noncurrent 5.47 M USD +93.2%
Other Liabilities, Noncurrent 3.11 M USD +110%
Liabilities 655 M USD -0.92%
Retained Earnings (Accumulated Deficit) -260 M USD -23.1%
Stockholders' Equity Attributable to Parent 335 M USD -11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 213 M USD -19.7%
Liabilities and Equity 868 M USD -6.32%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -22.2 M USD -169%
Net Cash Provided by (Used in) Financing Activities -6.78 M USD -14.6%
Net Cash Provided by (Used in) Investing Activities 5.69 M USD
Common Stock, Shares Authorized 350 M shares 0%
Common Stock, Shares, Issued 19.1 M shares -87.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 150 M USD -27.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.4 M USD +25665%
Deferred Tax Assets, Valuation Allowance 74.9 M USD +7.95%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 69.4 M USD +98.6%
Operating Lease, Liability 6.9 M USD +119%
Payments to Acquire Property, Plant, and Equipment 67 K USD +458%
Lessee, Operating Lease, Liability, to be Paid 8.51 M USD +155%
Operating Lease, Liability, Current 1.14 M USD -10.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.27 M USD +64.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.62 M USD +88.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +138%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.62 M USD +747%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.21 M USD +78.7%
Deferred Tax Assets, Operating Loss Carryforwards 114 M USD +62.2%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.26 M USD +82.6%
Operating Lease, Payments 1.97 M USD +459%
Additional Paid in Capital 476 M USD +0.8%
Amortization of Intangible Assets 300 K USD +400%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 2.9 M USD -72.1%
Interest Expense 10.9 M USD +19.4%