Spruce Power Holding (SPRU) Debt Ratio (2019 - 2026)
Spruce Power Holding (SPRU) posted Debt Ratio of 1.09 for Q4 2025, up 0.73% sequentially from 1.08 in Q3 2025, and up 38.35% YoY from 0.79 in Q4 2024.
Spruce Power Holding (SPRU) Debt Ratio (2019 - 2026) Analysis & Trends
Spruce Power Holding has reported Debt Ratio for 7 years, with the latest figure at 1.09 in Q4 2025.
- Quarterly Debt Ratio rose 38.35% year-over-year to 1.09 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 1.09 (up 38.35% YoY) and the FY2025 annual result came in at 1.09, up 38.35% from the prior year.
- Debt Ratio improved to 1.09 in Q4 2025 per SPRU's latest filing, from 1.08 in the prior quarter.
- Over five years, Debt Ratio peaked at 1.09 in Q4 2025 and troughed at 0.0 in Q2 2022.
- A 5-year average of 0.58 and a median of 0.67 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 93.94% in 2022, then jumped 716881.35% in 2023.
- Over 5 years, Debt Ratio stood at 0.0 in 2021, then jumped by 201638.7% to 0.6 in 2022, then gained by 14.34% to 0.69 in 2023, then advanced by 13.55% to 0.79 in 2024, then soared by 38.35% to 1.09 in 2025.
- According to Business Quant data, Debt Ratio over the past three periods registered 1.09, 1.08, and 1.08 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 0.44 |
| 10 | Spruce Power Holding | 34.82 Mn | -46.72 Mn | 23.10 Mn | 1.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 |
| Dec 31, 2025 | 1.09 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.08 |
| Mar 31, 2025 | 0.86 |
| Dec 31, 2024 | 0.79 |
| 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 | 0.62 |
| 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 |