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Spruce Power Holding (FRA:XLF0) Gross-Profit-to-Asset % : 4.28% (As of Mar. 2024)


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What is Spruce Power Holding Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Spruce Power Holding's annualized Gross Profit for the quarter that ended in Mar. 2024 was €34.66 Mil. Spruce Power Holding's average Total Assets over the quarter that ended in Mar. 2024 was €809.60 Mil. Therefore, Spruce Power Holding's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.28%.


Spruce Power Holding Gross-Profit-to-Asset % Historical Data

The historical data trend for Spruce Power Holding's Gross-Profit-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.

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Spruce Power Holding Gross-Profit-to-Asset % Chart

Spruce Power Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
-9.30 1.54 - 2.22 4.82

Spruce Power Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.65 6.13 5.83 1.79 4.28

Competitive Comparison of Spruce Power Holding's Gross-Profit-to-Asset %

For the Solar subindustry, Spruce Power Holding's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spruce Power Holding's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Spruce Power Holding's Gross-Profit-to-Asset % falls into.



Spruce Power Holding Gross-Profit-to-Asset % Calculation

Spruce Power Holding's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=38.556/( (780.265+820.734)/ 2 )
=38.556/800.4995
=4.82 %

Spruce Power Holding's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=34.66/( (820.734+798.457)/ 2 )
=34.66/809.5955
=4.28 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Spruce Power Holding Gross-Profit-to-Asset % Related Terms

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Spruce Power Holding (FRA:XLF0) Business Description

Traded in Other Exchanges
Address
1875 Lawrence Street, Suite 320, Denver, CO, USA, 80202
Spruce Power Holding Corp is a renewable-focused Power-as-a-Service company offering solar battery installation and maintenance services, It provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. Its solutions offerings comprise Battery Bundles and System Expansion Options.

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