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
DateValue
Dec 31, 2021 34.93 Mn
Dec 31, 2020 22.90 Mn
Dec 31, 2019 17.27 Mn