Spruce Gross Profit Margin from 2010 to 2024

SPRU Stock   2.89  0.01  0.35%   
Spruce Power Gross Profit Margin yearly trend continues to be comparatively stable with very little volatility. Gross Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, Spruce Power Gross Profit Margin quarterly data regression had mean square error of  0.03 and mean deviation of  0.23. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.52650296
Current Value
0.55
Quarterly Volatility
0.28657413
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spruce Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spruce Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.7 M, Interest Expense of 44 M or Selling General Administrative of 47.7 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 0.36. Spruce financial statements analysis is a perfect complement when working with Spruce Power Valuation or Volatility modules.
  
Check out the analysis of Spruce Power Correlation against competitors.

Latest Spruce Power's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Spruce Power Holding over the last few years. It is Spruce Power's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spruce Power's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Spruce Gross Profit Margin Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation1,841
Mean Deviation0.23
Median(0.15)
Standard Deviation0.29
Sample Variance0.08
Range0.725
R-Value0.78
Mean Square Error0.03
R-Squared0.61
Significance0.0006
Slope0.05
Total Sum of Squares1.15

Spruce Gross Profit Margin History

2024 0.55
2023 0.53
2022 0.57
2021 -0.0446
2020 0.13
2019 -0.12

About Spruce Power Financial Statements

Spruce Power shareholders use historical fundamental indicators, such as Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Spruce Power investors may analyze each financial statement separately, they are all interrelated. The changes in Spruce Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spruce Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit Margin 0.53  0.55 

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Additional Tools for Spruce Stock Analysis

When running Spruce Power's price analysis, check to measure Spruce Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.