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Spruce Power HoldingSPRU -2.01%42 Quick Ratio is 0.48 as of Mar. 2026, which is 86% below its 10-year median of 3.35. GuruFocus rates SPRU with a GF Score™ of 42/100 and a GF Value™ of $4.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, Spruce Power Holding ranks worse than 94.16% on this metric.
Spruce Power Holding (NYSE:SPRU) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Spruce Power Holding Quick Ratio Related Terms
Spruce Power Holding Quick Ratio Historical Data
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The historical data trend for Spruce Power Holding's Quick Ratio 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.
For the Solar subindustry, Spruce Power Holding's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Spruce Power Holding's Quick 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 Quick Ratio of 0.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spruce Power Holding and its competitors. This is 86% below median its historical median of 3.35. Over the past decade, Spruce Power Holding's Quick Ratio has ranged from 0.31 to 37.62. According to the industry distribution chart, Spruce Power Holding ranks #968 out of 1028 companies in the Semiconductors industry, placing it in the top 94.2%.
Is Spruce Power Holding's Quick Ratio too high?
Spruce Power Holding's current Quick Ratio of 0.48 is 86% below median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 37.62. The Semiconductors industry median Quick Ratio is 1.79. Spruce Power Holding's value of 0.48 is 73.2% below this industry median. Based on the distribution chart, Spruce Power Holding ranks #968 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Spruce Power Holding has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Quick Ratio compare to FTCI and ASTI?
According to the Semiconductors industry distribution chart, Spruce Power Holding ranks #968 out of 1028 companies for Quick Ratio. This places Spruce Power Holding in the lower half of its industry. The industry median Quick Ratio is 1.79. Spruce Power Holding's value of 0.48 is 73.2% below this benchmark. Historically, Spruce Power Holding's own Quick Ratio has ranged from 0.31 to 37.62 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 1.79, 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 Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.79, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Power Holding's current Quick Ratio of 0.48 is 73.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spruce Power Holding and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Quick Ratio is 0.48, which is 86% below median its own 10-year median of 3.35. 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 $4.91, compared to a current price of $1.95 — trading 60.3% below its estimated fair value. The current Quick Ratio is 0.48, which is 86% below median its 10-year median of 3.35 and 73.2% below the Semiconductors industry median of 1.79. Spruce Power Holding's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Spruce Power Holding (SPRU), the current Quick Ratio is 0.48 as of Mar. 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 $1.95 is trading 60.3% below its estimated GF Value™ of $4.91.
GuruFocus considers Spruce Power Holding to be Possible Value Trap.
Key valuation signals for SPRU:
Quick Ratio: 0.48 (86% below median its 10-year median of 3.35)
GF Value™: $4.91 vs. price of $1.95 (60.3% below fair value)
Industry Position: 73.2% below the Semiconductors median (#968 of 1028)
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.
42GF Score
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