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Spruce Power HoldingSPRU -2.65%44 Debt-to-Equity is 5.54 as of Jun. 2026, which is 111% above its 10-year median of 2.63. GuruFocus rates SPRU with a GF Score™ of 44/100 and a GF Value™ of $3.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 909 Semiconductors companies, Spruce Power Holding ranks worse than 99.23% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Spruce Power Holding's Debt-to-Equity or its related term are showing as below:
SPRU'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1 Med: 2.63 Max: 5.76
Current: 5.54
During the past 7 years, the highest Debt-to-Equity Ratio of Spruce Power Holding was 5.76. The lowest was -1.00. And the median was 2.63.
SPRU's Debt-to-Equity is ranked worse than 99.23% of 909
companies
in the Semiconductors industry
Industry Median: 0.25
vs SPRU: 5.54
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Spruce Power Holding Debt-to-Equity Related Terms
Spruce Power Holding Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Spruce Power Holding's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SPRU vs FTCI, ASTI, BEEM: Debt-to-Equity Comparison
For the Solar subindustry, Spruce Power Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spruce Power Holding Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spruce Power Holding (SPRU) has a Debt-to-Equity of 5.54 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spruce Power Holding and its competitors. This is 111% above median its historical median of 2.63. According to the industry distribution chart, Spruce Power Holding ranks #902 out of 909 companies in the Semiconductors industry, placing it in the top 99.2%.
Is Spruce Power Holding's Debt-to-Equity too high?
Spruce Power Holding's current Debt-to-Equity of 5.54 is 111% above median its 10-year median of 2.63. The Semiconductors industry median Debt-to-Equity is 0.25. Spruce Power Holding's value of 5.54 is 2116% above this industry median. Based on the distribution chart, Spruce Power Holding ranks #902 out of 909 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Spruce Power Holding has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Debt-to-Equity compare to FTCI and ASTI?
According to the Semiconductors industry distribution chart, Spruce Power Holding ranks #902 out of 909 companies for Debt-to-Equity. This places Spruce Power Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Spruce Power Holding's value of 5.54 is 2116% above this benchmark. While the company's 10-year median is 2.63 vs. the industry median of 0.25, Spruce Power Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Power Holding's current Debt-to-Equity of 5.54 is 2116% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spruce Power Holding and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Debt-to-Equity is 5.54, which is 111% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spruce Power Holding stock overvalued right now?
Based on GuruFocus' analysis, Spruce Power Holding (SPRU) is currently considered Possible Value Trap. The stock's GF Value™ is $3.91, compared to a current price of $1.84 — trading 52.9% below its estimated fair value. The current Debt-to-Equity is 5.54, which is 111% above median its 10-year median of 2.63 and 2116% above the Semiconductors industry median of 0.25. Spruce Power Holding's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Debt-to-Equity is 5.54 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spruce Power Holding (SPRU) Overvalued in 2026?
Based on GuruFocus' analysis, Spruce Power Holding stock appears to be undervalued.
The current stock price of $1.84 is trading 52.9% below its estimated GF Value™ of $3.91.
GuruFocus considers Spruce Power Holding to be Possible Value Trap.
Key valuation signals for SPRU:
Debt-to-Equity: 5.54 (111% above median its 10-year median of 2.63)
GF Value™: $3.91 vs. price of $1.84 (52.9% below fair value)
Industry Position: 2116% above the Semiconductors median (#902 of 909)
No single metric tells the full story. See the SPRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spruce Power Holding Corp is an owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's customers are homeowners and the Company's core solar service offerings generate revenues through, the sale of electricity generated by its home solar energy systems to homeowners, third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and the servicing of those agreements for other institutional owners of home solar energy systems.
44GF Score
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