Spruce Power Holding Corporation (SPRU)

Spruce Power Holding Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	53.51	72.8	141.35	220.32	351.68	329.64
Trading Asset Securities	5	6.26	11.33	10.18	-	-
Accounts Receivable	19.45	15.01	9.19	8.34	-	10.56
Inventory	-	-	-	-	-	3.57
Prepaid Expenses	4.4	6.01	9.88	5.32	0.31	1.4
Restricted Cash	36.95	36.35	31.59	19.82	0.15	0.15
Total Current Assets	119.3	136.43	203.34	274.96	374.61	345.32
Property, Plant & Equipment	582.24	593.76	490.34	398.97	0.4	0.58
Goodwill	-	-	28.76	128.55	-	0.49
Other Intangible Assets	8.39	8.96	10.2	-	-	0.59
Long-Term Investments	148.2	155.36	159.65	22.07	-	-
Other Long-Term Assets	4.5	3.97	2.71	2.01	-	0.03
Total Assets	862.63	898.48	895.02	826.55	393.22	347.01
Accounts Payable	0.95	0.99	1.12	2.9	0.7	4.37
Accrued Expenses	20.58	20.13	18.58	18.56	2.52	1.94
Current Portion of Long-Term Debt	215.81	28.31	27.91	25.31	-	0.11
Current Unearned Revenue	1.19	1.19	0.88	0.04	-	-
Current Portion of Leases	0.91	0.89	1.17	0.83	0.05	-
Current Income Taxes Payable	-	1.14	0.75	-	-	-
Other Current Liabilities	0.03	6.92	21.3	12.05	13.37	2.66
Total Current Liabilities	239.49	59.57	71.71	59.7	16.63	9.08
Long-Term Debt	481.61	677.41	591.71	474.44	-	0.1
Long-Term Leases	4.66	4.85	5.73	2.43	0.09	-
Long-Term Unearned Revenue	3.28	2.79	1.86	0.45	-	0.31
Other Long-Term Liabilities	6.19	7.71	9.34	0.56	14.69	148.63
Total Liabilities	735.22	752.33	680.35	537.58	31.41	158.12
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	479.76	478.37	475.65	473.29	461.21	317.08
Retained Earnings	-346.68	-328.38	-257.89	-193.34	-99.41	-128.2
Treasury Stock	-8.1	-6.28	-5.42	-	-	-
Total Common Equity	124.99	143.71	212.34	279.95	361.81	188.9
Minority Interest	2.42	2.44	2.33	9.03	-	-
Shareholders' Equity	127.41	146.15	214.67	288.98	361.81	188.9
Total Liabilities & Equity	862.63	898.48	895.02	826.55	393.22	347.01
Total Debt	702.99	711.46	626.52	503.02	0.14	0.21
Net Cash (Debt)	-644.48	-632.4	-473.83	-272.51	351.53	329.43
Net Cash Growth	-	-	-	-	6.71%	-
Net Cash Per Share	-36.00	-34.24	-25.76	-15.28	18.94	31.16
Filing Date Shares Outstanding	17.83	18.08	18.3	18.49	17.68	17.39
Total Common Shares Outstanding	17.83	18.31	18.29	18.05	17.57	16.42
Working Capital	-120.19	76.86	131.63	215.26	357.97	336.24
Book Value Per Share	7.01	7.85	11.61	15.51	20.60	11.50
Tangible Book Value	116.59	134.76	173.39	151.4	361.81	187.81
Tangible Book Value Per Share	6.54	7.36	9.48	8.39	20.60	11.44
Machinery	-	642.12	514.36	402.32	0.44	1.39

Updated May 14, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q