Spruce Power Holding (SPRU) Tax Rate (2019 - 2020)
Spruce Power Holding recorded quarterly Tax Rate of 1.3% in Q3 2020, down 93.79% quarter-over-quarter from 21.0% in Q2 2020, and down 1968.0% year-over-year from 0.07% in Q4 2019.
Spruce Power Holding's Tax Rate history runs 2 years deep, the most recent figure standing at 1.3% for Q3 2020.
- In Q3 2020, Tax Rate fell 1968.0% year-over-year to 1.3%; the TTM figure through Sep 2020 stood at 208.87% (changed N/A YoY), while the FY2019 annual figure was 21.0%, changed N/A from the prior year.
- Tax Rate came in at 1.3% for Q3 2020 at Spruce Power Holding, down from 21.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.0% in Q2 2020 to a low of 1.3% in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 2.18 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 5.66 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -62.89 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 46.43 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -2.29 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -2.43 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 23.06 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 50.91 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -31.47 |
| 10 | Spruce Power Holding | 54.20 Mn | -36.52 Mn | 16.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 1.30 |
| Sep 30, 2020 | 1.30 |
| Jun 30, 2020 | 21.00 |
| Jun 30, 2020 | 21.00 |
| Mar 31, 2020 | 21.00 |
| Mar 31, 2020 | 21.00 |
| Dec 31, 2019 | 21.00 |
| Dec 31, 2019 | 21.00 |
| Sep 30, 2019 | 20.98 |
| Sep 30, 2019 | 20.98 |