Spruce Power Holding Corp - Asset Resilience Ratio
Spruce Power Holding Corp (SPRU) has an Asset Resilience Ratio of 1.20% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check SPRU capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2023)
This chart shows how Spruce Power Holding Corp's Asset Resilience Ratio has changed over time. See how leveraged is Spruce Power Holding Corp's balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Spruce Power Holding Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Spruce Power Holding Corp (SPRU) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $10.27 Million | 1.2% |
| Total Liquid Assets | $10.27 Million | 1.20% |
Asset Resilience Insights
- Limited Liquidity: Spruce Power Holding Corp maintains only 1.20% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Spruce Power Holding Corp Industry Peers by Asset Resilience Ratio
Compare Spruce Power Holding Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Premier Energies Limited
NSE:PREMIERENE |
Solar | 3.72% |
|
Trina Solar Co Ltd
SHG:688599 |
Solar | 0.07% |
|
Websol Energy System Limited
NSE:WEBELSOLAR |
Solar | 11.82% |
|
Soltec Power Holdings S.A
MC:SOL |
Solar | 0.27% |
|
7C Solarparken AG
XETRA:HRPK |
Solar | 0.47% |
|
Changzhou Fusion New Material Co. Ltd. A
SHG:688503 |
Solar | 8.05% |
|
Ennogie Solar Group A/S
CO:ESG |
Solar | 44.11% |
|
Mpower Group Ltd
AU:MPR |
Solar | 1.29% |
Annual Asset Resilience Ratio for Spruce Power Holding Corp (2022–2023)
The table below shows the annual Asset Resilience Ratio data for Spruce Power Holding Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.27% | $11.33 Million | $895.02 Million | +0.13pp |
| 2022-12-31 | 1.14% | $10.18 Million | $895.90 Million | -- |
About Spruce Power Holding Corp
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar … Read more