Spruce Power Holding Corp Working Capital to Net Assets Ratio
Spruce Power Holding Corp working capital to net assets ratio. Spruce Power Holding Corp (SPRU) has a Working Capital to Net Assets ratio of -100.3% as of March 2026. Working capital of $-119.67 Million (current assets of $111.35 Million minus current liabilities of $231.01 Million) is measured against net assets of $119.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SPRU tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Spruce Power Holding Corp (2018–2025)
Working capital to net assets ratio of Spruce Power Holding Corp from 2018 to 2025. This chart shows how Spruce Power Holding Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at -100.3%, reflecting working capital of $-119.67 Million against net assets of $119.34 Million USD. See SPRU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Spruce Power Holding Corp Working Capital to Net Assets Ratio by Year (2018–2025)
Spruce Power Holding Corp working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Spruce Power Holding Corp from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Spruce Power Holding Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -101.4% | $-122.89 Million | $121.25 Million | $115.87 Million | $238.76 Million | ▼ -153.9 pp |
| 2024 | 52.6% | $76.86 Million | $146.15 Million | $136.43 Million | $59.57 Million | ▼ -8.7 pp |
| 2023 | 61.3% | $131.63 Million | $214.67 Million | $203.34 Million | $71.71 Million | ▼ -13.2 pp |
| 2022 | 74.5% | $215.26 Million | $288.98 Million | $274.96 Million | $59.70 Million | ▼ -24.4 pp |
| 2021 | 98.9% | $357.97 Million | $361.81 Million | $374.61 Million | $16.63 Million | ▼ -79.1 pp |
| 2020 | 178.0% | $336.24 Million | $188.90 Million | $345.32 Million | $9.08 Million | ▲ +116.6 pp |
| 2019 | 61.4% | $-8.41 Million | $-13.70 Million | $7.08 Million | $15.49 Million | ▼ -554.1 pp |
| 2018 | 615.5% | $5.21 Million | $846.00K | $12.56 Million | $7.35 Million | — |