Spruce Power Holding (SPRU) Tax Rate (2019 - 2020)
Spruce Power Holding (SPRU) posted Tax Rate of 1.3% for Q3 2020, down 93.79% sequentially from 21.0% in Q2 2020, and down 1968.0% YoY from 0.07% in Q4 2019.
Spruce Power Holding (SPRU) Tax Rate (2019 - 2020) Analysis & Trends
Spruce Power Holding has reported Tax Rate for 2 years, with the latest figure at 1.3% in Q3 2020.
- Quarterly Tax Rate fell 1968.0% year-over-year to 1.3% in Q3 2020, while the trailing twelve-month figure through Sep 2020 was 208.87% (changed N/A YoY) and the FY2019 annual result came in at 21.0%, changed N/A from the prior year.
- Tax Rate retreated to 1.3% in Q3 2020 per SPRU's latest filing, from 21.0% in the prior quarter.
- Over five years, Tax Rate peaked at 21.0% in Q2 2020 and troughed at 1.3% in Q3 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 23.33% |
| 10 | Spruce Power Holding | 34.82 Mn | -46.72 Mn | 23.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 1.30% |
| Sep 30, 2020 | 1.30% |
| Sep 30, 2020 | 1.30% |
| Jun 30, 2020 | 21.00% |
| Jun 30, 2020 | 21.00% |
| Jun 30, 2020 | 21.00% |
| Mar 31, 2020 | 21.00% |
| Mar 31, 2020 | 21.00% |
| Mar 31, 2020 | 21.00% |
| Dec 31, 2019 | 21.00% |
| Dec 31, 2019 | 21.00% |
| Dec 31, 2019 | 21.00% |
| Sep 30, 2019 | 20.98% |
| Sep 30, 2019 | 20.98% |
| Sep 30, 2019 | 20.98% |