Spruce Power Holding (SPRU) Long-Term Deferred Tax (2019 - 2021)
Spruce Power Holding (SPRU) posted quarterly Long-Term Deferred Tax of $34.9 million for Q4 2021, up 52.51% year-on-year from $22.9 million in Q4 2020, and up 52.51% on a QoQ basis from $22.9 million in Q4 2020.
Spruce Power Holding (SPRU) Long-Term Deferred Tax (2019 - 2021) Analysis & Trends
Spruce Power Holding (SPRU) has reported Long-Term Deferred Tax for 3 consecutive years, with $34.9 million the latest figure, recorded in Q4 2021.
- Quarterly Long-Term Deferred Tax rose 52.51% year-over-year to $34.9 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $34.9 million (up 52.51% YoY) and the FY2021 annual result came in at $34.9 million, up 52.51% from the prior year.
- Long-Term Deferred Tax improved to $34.9 million in Q4 2021 per SPRU's latest filing, from $22.9 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for SPRU reached as high as $34.9 million in Q4 2021 and fell as low as $17.3 million in Q4 2019.
- A 3-year average of $25.0 million and a median of $22.9 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax surged 32.6% — and 2021, when it jumped 52.51%.
- Year by year, Long-Term Deferred Tax stood at $17.3 million in 2019, then soared by 32.6% to $22.9 million in 2020, then soared by 52.51% to $34.9 million in 2021.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $34.9 million, $22.9 million, and $17.3 million for Q4 2021, Q4 2020, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 34.93 Mn |
| Dec 31, 2020 | 22.90 Mn |
| Dec 31, 2019 | 17.27 Mn |