Spruce Power Holding (SPRU) Tax Rate (2019 - 2020)
Spruce Power Holding (SPRU) posted quarterly Tax Rate of 1.3% for Q3 2020, down 1968.0% year-on-year from 0.07% in Q4 2019, and down 93.79% on a QoQ basis from 21.0% in Q2 2020.
Spruce Power Holding (SPRU) Tax Rate (2019 - 2020) Analysis & Trends
Spruce Power Holding (SPRU) has reported Tax Rate for 2 consecutive years, with 1.3% the latest figure, recorded 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 declined to 1.3% in Q3 2020 per SPRU's latest filing, from 21.0% in the prior quarter.
- Over the last five years, Tax Rate for SPRU reached as high as 21.0% in Q2 2020 and fell as low as 1.3% in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 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% |