Spruce Power Holding (SPRU) Interest Coverage Ratio (2023 - 2025)
Spruce Power Holding recorded quarterly Interest Coverage Ratio of 0.18 in Q4 2025, down 73.09% quarter-over-quarter from 0.66 in Q3 2025, and up 128.58% year-over-year from 0.08 in Q4 2024.
Spruce Power Holding's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 0.18 for Q4 2025.
- In Q4 2025, Interest Coverage Ratio rose 128.58% year-over-year to 0.18; the TTM figure through Dec 2025 stood at 0.35 (up 128.04% YoY), while the FY2025 annual figure was 0.35, up 128.13% from the prior year.
- Interest Coverage Ratio came in at 0.18 for Q4 2025 at Spruce Power Holding, down from 0.66 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.69 in Q2 2025 to a low of 3.27 in Q3 2024.
- A 3-year average of 0.55 and a median of 0.32 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio slumped 376.15% in 2024 and soared 256.88% in 2025, its largest moves.
- Spruce Power Holding's Interest Coverage Ratio stood at 0.77 in 2023, then grew by 18.54% to 0.62 in 2024, then jumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Spruce Power Holding | 54.20 Mn | -36.52 Mn | 16.96 Mn | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |