Spruce Power Holding Corporation (SPRU)

NYSE: SPRU · IEX Real-Time Price · USD
3.970
0.00 (0.00%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

SPRU has a market cap or net worth of $73.17 million. The enterprise value is $514.90 million.

Market Cap 73.17M
Enterprise Value 514.90M

Important Dates

The last earnings date was Thursday, March 14, 2024, after market close.

Earnings Date Mar 14, 2024
Ex-Dividend Date n/a

Share Statistics

SPRU has 18.23 million shares outstanding. The number of shares has decreased by -2.86% in one year.

Shares Outstanding 18.23M
Shares Change (YoY) -2.86%
Shares Change (QoQ) -14.10%
Owned by Insiders (%) 15.75%
Owned by Institutions (%) 20.89%
Float 15.99M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.03
Forward PS n/a
PB Ratio 0.30
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.23
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.80, with a Debt / Equity ratio of 2.63.

Current Ratio 2.80
Quick Ratio 2.51
Debt / Equity 2.63
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -2.17

Financial Efficiency

Return on equity (ROE) is -30.10% and return on invested capital (ROIC) is -2.89%.

Return on Equity (ROE) -30.10%
Return on Assets (ROA) -8.70%
Return on Capital (ROIC) -2.89%
Revenue Per Employee $223,959
Profits Per Employee -$247,780
Employee Count 318
Asset Turnover 0.08
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -32.94% in the last 52 weeks. The beta is 1.32, so SPRU's price volatility has been higher than the market average.

Beta (1Y) 1.32
52-Week Price Change -32.94%
50-Day Moving Average 3.87
200-Day Moving Average 5.05
Relative Strength Index (RSI) 53.10
Average Volume (30 Days) 43,795

Short Selling Information

The latest short interest is 381,700, so 2.09% of the outstanding shares have been sold short.

Short Interest 381,700
Short Previous Month 366,163
Short % of Shares Out 2.09%
Short % of Float 2.39%
Short Ratio (days to cover) 7.91

Income Statement

In the last 12 months, SPRU had revenue of $71.22 million and -$78.79 million in losses. Loss per share was -$4.39.

Revenue 71.22M
Gross Profit 47.33M
Operating Income -25.30M
Pretax Income -78.79M
Net Income -78.79M
EBITDA -33.95M
EBIT -53.90M
Loss Per Share -$4.39
Full Income Statement

Balance Sheet

The company has $192.73 million in cash and $634.46 million in debt, giving a net cash position of -$441.73 million or -$24.24 per share.

Cash & Cash Equivalents 192.73M
Total Debt 634.46M
Net Cash -441.73M
Net Cash Per Share -$24.24
Equity / Book Value 241.70M
Book Value Per Share 13.26
Working Capital 146.83M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$33.02 million and capital expenditures $6.80 million, giving a free cash flow of -$26.22 million.

Operating Cash Flow -33.02M
Capital Expenditures 6.80M
Free Cash Flow -26.22M
FCF Per Share -$1.51
Full Cash Flow Statement

Margins

Gross margin is 66.46%, with operating and profit margins of -35.52% and -110.64%.

Gross Margin 66.46%
Operating Margin -35.52%
Pretax Margin -110.64%
Profit Margin -110.64%
EBITDA Margin -47.67%
EBIT Margin -75.69%
FCF Margin -36.81%

Dividends & Yields

SPRU does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.86%
Shareholder Yield 2.86%
Earnings Yield -107.69%
FCF Yield -35.83%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on October 9, 2023. It was a reverse split with a ratio of 1:8.

Last Split Date Oct 9, 2023
Split Type Reverse
Split Ratio 1:8

Scores

SPRU has an Altman Z-Score of -0.2 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.2
Piotroski F-Score 4