Growth Metrics

Spruce Power Holding (SPRU) Debt Ratio (2019 - 2025)

Spruce Power Holding recorded quarterly Debt Ratio of 0.81 in Q4 2025, up 48.38% quarter-over-quarter from 0.54 in Q3 2025, and up 7.27% year-over-year from 0.75 in Q4 2024.

Spruce Power Holding's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.81 for Q4 2025.

  • In Q4 2025, Debt Ratio rose 7.27% year-over-year to 0.81; the TTM figure through Dec 2025 stood at 0.81 (up 7.27% YoY), while the FY2025 annual figure was 0.81, up 7.27% from the prior year.
  • Debt Ratio came in at 0.81 for Q4 2025 at Spruce Power Holding, up from 0.54 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.81 in Q4 2025 to a low of 0.0 in Q2 2022.
  • A 5-year average of 0.5 and a median of 0.67 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio tumbled 93.94% in 2022 and soared 716881.35% in 2023, its largest moves.
  • Spruce Power Holding's Debt Ratio stood at 0.0 in 2021, then soared by 201638.7% to 0.6 in 2022, then rose by 14.34% to 0.69 in 2023, then grew by 8.99% to 0.75 in 2024, then grew by 7.27% to 0.81 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.81, 0.54, and 0.56 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.03
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.35
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.21
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.02
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.18
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.45
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.15
10 Spruce Power Holding 54.20 Mn -36.52 Mn 16.96 Mn 0.81

Historic Data

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DateValue
Dec 31, 2025 0.81
Sep 30, 2025 0.54
Jun 30, 2025 0.56
Mar 31, 2025 0.80
Dec 31, 2024 0.75
Sep 30, 2024 0.75
Jun 30, 2024 0.71
Mar 31, 2024 0.71
Dec 31, 2023 0.69
Sep 30, 2023 0.67
Jun 30, 2023 0.67
Mar 31, 2023 0.67
Dec 31, 2022 0.60
Sep 30, 2022 0.56
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 0.00
Dec 31, 2020 0.00
Jun 30, 2019 0.73