Spruce Power Holding (SPRU) Long-Term Deferred Tax (2019 - 2021)
Spruce Power Holding (SPRU) posted Long-Term Deferred Tax of $34.9 million for Q4 2021, up 52.51% sequentially from $22.9 million in Q4 2020, and up 52.51% YoY from $22.9 million in Q4 2020.
Spruce Power Holding (SPRU) Long-Term Deferred Tax (2019 - 2021) Analysis & Trends
Spruce Power Holding has reported Long-Term Deferred Tax for 3 years, with the latest figure at $34.9 million 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 grew to $34.9 million in Q4 2021 per SPRU's latest filing, from $22.9 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $34.9 million in Q4 2021 and troughed at $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.
- The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax soared 32.6% in 2020, then surged 52.51% in 2021.
- Over 3 years, 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Spruce Power Holding | 35.94 Mn | -45.61 Mn | 23.10 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 |