Spruce Power Holding Corporation (SPRU)

Spruce Power Holding Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	61.92	72.8	141.35	220.32	351.68	329.64
Trading Asset Securities	5.41	6.26	11.33	10.18	-	-
Accounts Receivable	19.55	15.01	9.19	8.34	-	10.56
Inventory	-	-	-	-	-	3.57
Prepaid Expenses	4.45	6.01	9.88	5.32	0.31	1.4
Restricted Cash	34.55	36.35	31.59	19.82	0.15	0.15
Total Current Assets	125.87	136.43	203.34	274.96	374.61	345.32
Property, Plant & Equipment	587.35	593.76	490.34	398.97	0.4	0.58
Goodwill	-	-	28.76	128.55	-	0.49
Other Intangible Assets	8.68	8.96	10.2	-	-	0.59
Long-Term Investments	151.86	155.36	159.65	22.07	-	-
Other Long-Term Assets	4.23	3.97	2.71	2.01	-	0.03
Total Assets	877.99	898.48	895.02	826.55	393.22	347.01
Accounts Payable	0.78	0.99	1.12	2.9	0.7	4.37
Accrued Expenses	28.1	20.13	18.58	18.56	2.52	1.94
Current Portion of Long-Term Debt	28.35	28.31	27.91	25.31	-	0.11
Current Unearned Revenue	1.2	1.19	0.88	0.04	-	-
Current Portion of Leases	0.84	0.89	1.17	0.83	0.05	-
Current Income Taxes Payable	-	1.14	0.75	-	-	-
Other Current Liabilities	0.14	6.92	21.3	12.05	13.37	2.66
Total Current Liabilities	59.4	59.57	71.71	59.7	16.63	9.08
Long-Term Debt	673.28	677.41	591.71	474.44	-	0.1
Long-Term Leases	4.63	4.85	5.73	2.43	0.09	-
Long-Term Unearned Revenue	2.95	2.79	1.86	0.45	-	0.31
Other Long-Term Liabilities	6.95	7.71	9.34	0.56	14.69	148.63
Total Liabilities	747.21	752.33	680.35	537.58	31.41	158.12
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	479.19	478.37	475.65	473.29	461.21	317.08
Retained Earnings	-343.72	-328.38	-257.89	-193.34	-99.41	-128.2
Treasury Stock	-7.09	-6.28	-5.42	-	-	-
Total Common Equity	128.39	143.71	212.34	279.95	361.81	188.9
Minority Interest	2.39	2.44	2.33	9.03	-	-
Shareholders' Equity	130.78	146.15	214.67	288.98	361.81	188.9
Total Liabilities & Equity	877.99	898.48	895.02	826.55	393.22	347.01
Total Debt	707.1	711.46	626.52	503.02	0.14	0.21
Net Cash (Debt)	-639.77	-632.4	-473.83	-272.51	351.53	329.43
Net Cash Growth	-	-	-	-	6.71%	-
Net Cash Per Share	-35.07	-34.24	-25.76	-15.28	18.94	31.16
Filing Date Shares Outstanding	18.04	18.08	18.3	18.49	17.68	17.39
Total Common Shares Outstanding	18.04	18.31	18.29	18.05	17.57	16.42
Working Capital	66.47	76.86	131.63	215.26	357.97	336.24
Book Value Per Share	7.12	7.85	11.61	15.51	20.60	11.50
Tangible Book Value	119.72	134.76	173.39	151.4	361.81	187.81
Tangible Book Value Per Share	6.64	7.36	9.48	8.39	20.60	11.44
Machinery	-	642.12	514.36	402.32	0.44	1.39

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q