Spruce Power Holding (SPRU) Debt to Equity (2019 - 2025)
Spruce Power Holding recorded quarterly Debt to Equity of $5.58 in Q4 2025, up 52.23% quarter-over-quarter from $3.67 in Q3 2025, and up 20.49% year-over-year from $4.63 in Q4 2024.
Spruce Power Holding's Debt to Equity history runs 7 years deep, the most recent figure standing at $5.58 for Q4 2025.
- In Q4 2025, Debt to Equity rose 20.49% year-over-year to $5.58; the TTM figure through Dec 2025 stood at $5.58 (up 20.49% YoY), while the FY2025 annual figure was $5.58, up 20.49% from the prior year.
- Debt to Equity came in at $5.58 for Q4 2025 at Spruce Power Holding, up from $3.67 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $5.58 in Q4 2025 to a low of $0.0 in Q2 2022.
- A 5-year average of $2.43 and a median of $2.57 in 2023 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity tumbled 94.32% in 2022 and soared 2341827.17% in 2023, its largest moves.
- Spruce Power Holding's Debt to Equity stood at $0.0 in 2021, then soared by 520354.93% to $1.73 in 2022, then soared by 66.63% to $2.88 in 2023, then jumped by 60.71% to $4.63 in 2024, then gained by 20.49% to $5.58 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered $5.58, $3.67, and $3.76 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.36 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.52 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.13 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.30 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -3.11 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.71 |
| 10 | Spruce Power Holding | 54.20 Mn | -36.52 Mn | 16.96 Mn | 5.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.58 |
| Sep 30, 2025 | 3.67 |
| Jun 30, 2025 | 3.76 |
| Mar 31, 2025 | 5.35 |
| Dec 31, 2024 | 4.63 |
| Sep 30, 2024 | 3.99 |
| Jun 30, 2024 | 3.00 |
| Mar 31, 2024 | 2.88 |
| Dec 31, 2023 | 2.88 |
| Sep 30, 2023 | 2.57 |
| Jun 30, 2023 | 2.31 |
| Mar 31, 2023 | 2.34 |
| Dec 31, 2022 | 1.73 |
| Sep 30, 2022 | 1.56 |
| 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 | 5.14 |