SPRU - NYSE

Spruce Power Holding Corporation

SPRU·NYSE

$2.85

+1.1%

EnergySolar

XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. Its products include hybrid electric drive systems are comprised of an electric motor that is mounted onto the vehicle's drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy to be used for propulsion; plug-in hybrid electric drive system, which are fitted to vehicles. In addition, the company offers vehicle electrification and infrastructure solutions, and charging stations. It serves end-use customer base comprising Fortune 500 corporate enterprises, public utilities, and various municipalities. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$52.35M

EPS-1.4400

P/E Ratio-1.98

Earnings Date08/06/2026

837.27M

Assets

-7%

3Y-7.0%

5Y+141.0%

10Y+6083.0%

716.02M

Total Liabilities

-5%

3Y+18.0%

5Y+353.0%

10Y+5540.0%

121.25M

Total Equity

-17%

3Y-58.0%

5Y-36.0%

10Y+14232.0%

Spruce Power Holding Corporation Funding & Solvency Profile

SPRU · NYSE

Current Assets

Cash & Cash Equivalents54.84M

Net Receivables15.75M

Inventory0.00

Other Current Assets45.28M

Total Current Assets116 M

Non-Current Assets

Property, Plant & Equipment565.60M

Goodwill & Intangible Assets7.83M

Long-Term Investments61.40M

Other Non-Current Assets86.57M

Total Non-Current Assets714 M

Total Assets

837.27M

Financial Health Analysis

Current Ratio

0.49x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

5.91x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-122889000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Spruce Power Holding Corporation Balance Sheet

SPRU • NYSE

Spruce Power Holding Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	54.8M	72.8M	141.4M	240.1M	351.7M	329.6M	3.4M	5.7M
Cash & Short-Term Investments	54.8M	72.8M	141.4M	240.1M	351.7M	329.6M	3.4M	5.7M
Net Receivables	15.7M	15M	9.2M	8.3M	0.0	10.6M	1.2M	3.8M
Accounts Receivables	15.7M	15M	9.2M	8.3M	0.0	10.6M	1.2M	3.8M
Inventory	0.0	0.0	0.0	0.0	15.3M	3.6M	2.2M	2.5M
Prepaids	0.0	0.0	0.0	0.0	1M	1.4M	146K	406K
Other Current Assets	45.3M	48.6M	52.8M	26.5M	6.6M	150K	150K	226K
Total Current Assets	115.9M	136.4M	203.3M	275M	374.6M	345.3M	7.1M	12.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	565.6M	593.8M	490.3M	3.1M	8.1M	579K	840K	670K
Goodwill	0.0	0.0	28.8M	128.5M	8.6M	489K	489K	0.0
Intangible Assets	7.8M	9M	10.2M	0.0	1.9M	593K	809K	0.0
Goodwill & Intangible Assets	7.8M	9M	39M	128.5M	10.5M	1.1M	1.3M	0.0
Long-Term Investments	61.4M	136.9M	143.1M	417.9M	-34.9M	0.0	231.9M	0.0
Tax Assets	0.0	0.0	0.0	69.4M	34.9M	0.0	-231.9M	0.0
Other Non-Current Assets	86.6M	22.4M	19.3M	2M	88K	32K	30K	313K
Total Non-Current Assets	721.4M	762M	691.7M	620.9M	18.6M	1.7M	2.2M	983K
Total Assets	837.3M	898.5M	895M	895.9M	393.2M	347M	9.2M	13.5M
LIABILITIES
CURRENT LIABILITIES
Total Payables	1.9M	987K	1.9M	2.9M	697K	4.4M	549K	1.6M
Accounts Payable	1.9M	987K	1.1M	2.9M	697K	4.4M	549K	1.6M
Other Payables	0.0	0.0	752K	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	22.6M	36.6M	6.5M	2.5M	3.6M	1.4M	1.3M
Short Term Debt	214.8M	28.3M	27.9M	26.1M	78K	110K	10.5M	2.9M
Capital Lease Obligations (Current)	0.0	892K	1.2M	0.0	51K	0.0	0.0	0.0
Tax Payables	0.0	1.1M	752K	0.0	0.0	0.0	96K	0.0
Deferred Revenue	1.2M	1.2M	878K	39K	691K	926K	638K	0.0
Other Current Liabilities	20.9M	5.6M	3.2M	24.1M	13.3M	75K	3M	1.5M
Total Current Liabilities	238.8M	59.6M	71.7M	59.7M	16.6M	9.1M	15.5M	7.4M
NON-CURRENT LIABILITIES
Long Term Debt	462.9M	677M	590.9M	474.4M	21K	98K	1.8M	1M
Deferred Revenue (Non-Current)	3.8M	2.8M	1.9M	452K	0.0	305K	133K	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	69.4M	0.0	0.0	4.4M	0.0
Other Non-Current Liabilities	6.3M	8.1M	10.2M	560K	14.7M	148.6M	1.2M	4.3M
Total Non-Current Liabilities	477.3M	692.8M	608.6M	547.2M	14.8M	149M	7.5M	5.3M
Capital Lease Obligations	4.2M	5.7M	6.9M	2.4M	142K	0.0	0.0	0.0
Total Liabilities	716M	752.3M	680.4M	606.9M	31.4M	158.1M	22.9M	12.7M
SHAREHOLDERS' EQUITY
Treasury Stock	-8.1M	-6.3M	-5.4M	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	51M
Common Stock	2K	2K	2K	14K	14K	13K	8K	1K
Additional Paid-In Capital	481.3M	478.4M	475.7M	473.3M	461.2M	317.1M	53.9M	2.5M
Retained Earnings	-354.4M	-328.4M	-257.9M	-193.3M	-99.4M	-128.2M	-67.6M	-52.7M
Total Stockholders' Equity	118.8M	143.7M	212.3M	279.9M	361.8M	188.9M	-13.7M	846K
Total Equity	121.3M	146.2M	214.7M	289M	361.8M	188.9M	-13.7M	846K
Minority Interest	2.4M	2.4M	2.3M	9M	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	837.3M	898.5M	895M	895.9M	393.2M	347M	9.2M	13.5M
Total Investments	61.4M	136.9M	143.1M	417.9M	-34.9M	0.0	231.9M	0.0
Total Debt	681.9M	711.1M	625.7M	503M	4.6M	208K	13.7M	3.9M
Net Debt	627.1M	638.3M	484.3M	262.9M	-347.1M	-329.4M	10.3M	-1.8M
Shares Outstanding	17,832,368	17,832,368	17,832,368	17,832,368	17,832,368	17,832,368	17,832,368	17,832,368

SEC Filings

SPRU - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 14, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 14, 2026	May 13, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 23, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 03, 2026	April 02, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 03, 2026	December 31, 2025	2025	View Filing
10-K 10-K 2025 FY FY	March 31, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 25, 2026	March 25, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 10, 2025	December 03, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 13, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 152 filings

Related Guides

Blog Categories

Continue your SPRU research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.