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Spruce Power HoldingSPRU +1.72%35 Equity-to-Asset is 0.15 as of Jun. 2026, which is 40% below its 10-year median of 0.25. GuruFocus rates SPRU with a GF Score™ of 35/100 and a GF Value™ of $3.94 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,035 Semiconductors companies, Spruce Power Holding ranks worse than 94.78% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spruce Power Holding's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $120.4 Mil. Spruce Power Holding's Total Assets for the quarter that ended in Jun. 2026 was $818.4 Mil.
Therefore, Spruce Power Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.15.
The historical rank and industry rank for Spruce Power Holding's Equity-to-Asset or its related term are showing as below:
SPRU'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.48 Med: 0.25 Max: 0.95
Current: 0.15
During the past 7 years, the highest Equity to Asset Ratio of Spruce Power Holding was 0.95. The lowest was -1.48. And the median was 0.25.
SPRU's Equity-to-Asset is ranked worse than 94.78% of 1035
companies
in the Semiconductors industry
Industry Median: 0.62
vs SPRU: 0.15
Spruce Power Holding (NYSE:SPRU) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Spruce Power Holding Equity-to-Asset Related Terms
Spruce Power Holding Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Spruce Power Holding's Equity-to-Asset 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 BEEM, PN, FTCI: Equity-to-Asset Comparison
For the Solar subindustry, Spruce Power Holding's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Spruce Power Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.15 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Spruce Power Holding and its competitors. This is 40% below median its historical median of 0.25. According to the industry distribution chart, Spruce Power Holding ranks #981 out of 1035 companies in the Semiconductors industry, placing it in the top 94.8%.
Is Spruce Power Holding's Equity-to-Asset too high?
Spruce Power Holding's current Equity-to-Asset of 0.15 is 40% below median its 10-year median of 0.25. The Semiconductors industry median Equity-to-Asset is 0.62. Spruce Power Holding's value of 0.15 is 75.8% below this industry median. Based on the distribution chart, Spruce Power Holding ranks #981 out of 1035 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Spruce Power Holding has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Equity-to-Asset compare to BEEM and PN?
According to the Semiconductors industry distribution chart, Spruce Power Holding ranks #981 out of 1035 companies for Equity-to-Asset. This places Spruce Power Holding in the lower half of its industry. The industry median Equity-to-Asset is 0.62. Spruce Power Holding's value of 0.15 is 75.8% below this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 0.62, Spruce Power Holding has consistently been below 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 Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.62, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Power Holding's current Equity-to-Asset of 0.15 is 75.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Spruce Power Holding and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Equity-to-Asset is 0.15, which is 40% below median its own 10-year median of 0.25. 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 $3.94, compared to a current price of $1.77 — trading 55.1% below its estimated fair value. The current Equity-to-Asset is 0.15, which is 40% below median its 10-year median of 0.25 and 75.8% below the Semiconductors industry median of 0.62. Spruce Power Holding's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Equity-to-Asset is 0.15 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 $1.77 is trading 55.1% below its estimated GF Value™ of $3.94.
GuruFocus considers Spruce Power Holding to be Possible Value Trap.
Key valuation signals for SPRU:
Equity-to-Asset: 0.15 (40% below median its 10-year median of 0.25)
GF Value™: $3.94 vs. price of $1.77 (55.1% below fair value)
Industry Position: 75.8% below the Semiconductors median (#981 of 1035)
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.
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