Spruce Power Holding (SPRU) Interest Coverage Ratio (2019 - 2026)
Spruce Power Holding (SPRU) posted Interest Coverage Ratio of 0.18 for Q4 2025, down 73.09% sequentially from 0.66 in Q3 2025, and up 128.58% YoY from 0.08 in Q4 2024.
Spruce Power Holding (SPRU) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Spruce Power Holding has reported Interest Coverage Ratio for 7 years, with the latest figure at 0.18 in Q4 2025.
- Quarterly Interest Coverage Ratio rose 128.58% year-over-year to 0.18 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.35 (up 128.04% YoY) and the FY2025 annual result came in at 0.19, up 136.82% from the prior year.
- Interest Coverage Ratio eased to 0.18 in Q4 2025 per SPRU's latest filing, from 0.66 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 266.36 in Q4 2021 and troughed at 117.96 in Q3 2022.
- A 5-year average of 1.49 and a median of 0.69 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2021 and 2022: Interest Coverage Ratio jumped 508.12% in 2021, then tumbled 1360.9% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 266.36 in 2021, then tumbled by 100.59% to 1.56 in 2022, then soared by 50.89% to 0.77 in 2023, then increased by 18.54% to 0.62 in 2024, then surged by 128.58% to 0.18 in 2025.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.18, 0.66, and 0.69 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.11 Bn | 21.38 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.30 Bn | 12.08 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.16 Bn | 4.22 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.92 Bn | 1.34 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 1.00 Bn | -585.51 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 850.49 Mn | -2.46 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 728.32 Mn | 421.02 Mn | 99.60 Mn | 6.01 |
| 10 | Spruce Power Holding | 34.63 Mn | -46.91 Mn | 23.10 Mn | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.76 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | -0.13 |
| Dec 31, 2024 | -0.62 |
| Sep 30, 2024 | -3.27 |
| Jun 30, 2024 | -0.44 |
| Mar 31, 2024 | -0.33 |
| Dec 31, 2023 | -0.77 |
| Sep 30, 2023 | -2.19 |
| Jun 30, 2023 | -0.09 |
| Mar 31, 2023 | -0.31 |
| Dec 31, 2022 | -1.56 |
| Sep 30, 2022 | -117.96 |
| Jun 30, 2022 | -22.33 |
| Mar 31, 2022 | -1.71 |
| Dec 31, 2021 | 266.36 |
| Sep 30, 2021 | -8.07 |
| Jun 30, 2021 | -6.70 |