Spruce Power (SPRU)
Spruce Power Statistics
Share Statistics
Spruce Power has 18.60M shares outstanding. The number of shares has increased by 2.07% in one year.
| Shares Outstanding | 18.60M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.24% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 15.09M |
| Failed to Deliver (FTD) Shares | 56 |
| FTD / Avg. Volume | 0.09% |
Short Selling Information
The latest short interest is 318.16K, so 1.71% of the outstanding shares have been sold short.
| Short Interest | 318.16K |
| Short % of Shares Out | 1.71% |
| Short % of Float | 2.11% |
| Short Ratio (days to cover) | 8.45 |
Valuation Ratios
The PE ratio is -1.23 and the forward PE ratio is -3.55.
| PE Ratio | -1.23 |
| Forward PE | -3.55 |
| PS Ratio | 1.02 |
| Forward PS | null |
| PB Ratio | 0.38 |
| P/FCF Ratio | -2.38 |
| PEG Ratio | n/a |
Enterprise Valuation
Spruce Power has an Enterprise Value (EV) of 534.03M.
| EV / Earnings | -8.11 |
| EV / Sales | 6.69 |
| EV / EBITDA | 515.97 |
| EV / EBIT | -14.5 |
| EV / FCF | -15.63 |
Financial Position
The company has a current ratio of 2.84, with a Debt / Equity ratio of 2.95.
| Current Ratio | 2.84 |
| Quick Ratio | 2.84 |
| Debt / Equity | 2.95 |
| Total Debt / Capitalization | 74.66 |
| Cash Flow / Debt | -0.05 |
| Interest Coverage | -0.88 |
Financial Efficiency
Return on equity (ROE) is -0.31% and return on capital (ROIC) is -4.38%.
| Return on Equity (ROE) | -0.31% |
| Return on Assets (ROA) | -0.07% |
| Return on Capital (ROIC) | -4.38% |
| Revenue Per Employee | 562.39K |
| Profits Per Employee | -463.60K |
| Employee Count | 142 |
| Asset Turnover | 0.09 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -28.76% in the last 52 weeks. The beta is 1.21, so Spruce Power's price volatility has been higher than the market average.
| Beta | 1.21 |
| 52-Week Price Change | -28.76% |
| 50-Day Moving Average | 2.73 |
| 200-Day Moving Average | 3.09 |
| Relative Strength Index (RSI) | 41.48 |
| Average Volume (20 Days) | 65.50K |
Income Statement
In the last 12 months, Spruce Power had revenue of 79.86M and earned -65.83M in profits. Earnings per share was -3.58.
| Revenue | 79.86M |
| Gross Profit | 42.05M |
| Operating Income | -36.82M |
| Net Income | -65.83M |
| EBITDA | 1.03M |
| EBIT | -36.82M |
| Earnings Per Share (EPS) | -3.58 |
Balance Sheet
The company has 141.35M in cash and 625.68M in debt, giving a net cash position of -484.32M.
| Cash & Cash Equivalents | 141.35M |
| Total Debt | 625.68M |
| Net Cash | -484.32M |
| Retained Earnings | -257.89M |
| Total Assets | 806.77M |
| Working Capital | 110.20M |
Cash Flow
In the last 12 months, operating cash flow was -33.66M and capital expenditures -499.00K, giving a free cash flow of -34.16M.
| Operating Cash Flow | -33.66M |
| Capital Expenditures | -499.00K |
| Free Cash Flow | -34.16M |
| FCF Per Share | -1.86 |
Margins
Gross margin is 52.65%, with operating and profit margins of -46.1% and -82.43%.
| Gross Margin | 52.65% |
| Operating Margin | -46.1% |
| Pretax Margin | -78.25% |
| Profit Margin | -82.43% |
| EBITDA Margin | 1.3% |
| EBIT Margin | -46.1% |
| FCF Margin | -42.78% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | -130.18% |
| FCF Yield | -66.77% |
Analyst Forecast
Currently there are no analyst rating for SPRU.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on Oct 9, 2023. It was a backward split with a ratio of 1:8.
| Last Split Date | Oct 9, 2023 |
| Split Type | backward |
| Split Ratio | 1:8 |
Scores
| Altman Z-Score | -0.47 |
| Piotroski F-Score | 3 |