GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Spruce Power Holding Corp (FRA:XLF0) » Definitions » 1-Year ROIIC %

Spruce Power Holding (FRA:XLF0) 1-Year ROIIC % : -861.36% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Spruce Power Holding 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Spruce Power Holding's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -861.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Spruce Power Holding's 1-Year ROIIC % or its related term are showing as below:

FRA:XLF0's 1-Year ROIIC % is ranked worse than
98.14% of 968 companies
in the Semiconductors industry
Industry Median: -1.535 vs FRA:XLF0: -861.36

Spruce Power Holding 1-Year ROIIC % Historical Data

The historical data trend for Spruce Power Holding's 1-Year ROIIC % 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.

* Premium members only.

Spruce Power Holding 1-Year ROIIC % Chart

Spruce Power Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- 30.32 -77.69 -4.43 34.89

Spruce Power Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-Year ROIIC % 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 -3.51 -2.78 14.99 34.89 -861.36

Competitive Comparison of Spruce Power Holding's 1-Year ROIIC %

For the Solar subindustry, Spruce Power Holding's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spruce Power Holding's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Spruce Power Holding's 1-Year ROIIC % falls into.



Spruce Power Holding 1-Year ROIIC % Calculation

Spruce Power Holding's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -11.603 (Mar. 2024) - -55.931 (Mar. 2023) )/( 668.266 (Mar. 2024) - 683.312 (Mar. 2023) )
=44.328/-15.046
=-294.62%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Spruce Power Holding  (FRA:XLF0) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Spruce Power Holding 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Spruce Power Holding's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Spruce Power Holding (FRA:XLF0) Headlines

No Headlines