Spruce Return On Equity from 2010 to 2024
| SPRU Stock | 2.88 0.05 1.71% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.31) | Current Value (0.33) | Quarterly Volatility 7.77806627 |
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.
Spruce | Return On Equity |
Latest Spruce Power's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Spruce Power Holding over the last few years. Return on Equity is the amount of Spruce Power Holding net income returned as a percentage of Spruce Power equity. Return on equity measures Spruce Power profitability by revealing how much profit Spruce Power Holding generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Spruce Power's Return On Equity 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.
| View | Last Reported -0.26 | 10 Years Trend |
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Return On Equity |
| Timeline |
Spruce Return On Equity Regression Statistics
| Arithmetic Mean | (9.12) | |
| Coefficient Of Variation | (85.26) | |
| Mean Deviation | 7.35 | |
| Median | (15.25) | |
| Standard Deviation | 7.78 | |
| Sample Variance | 60.50 | |
| Range | 16.4964 | |
| R-Value | 0.84 | |
| Mean Square Error | 19.12 | |
| R-Squared | 0.71 | |
| Significance | 0.000087 | |
| Slope | 1.46 | |
| Total Sum of Squares | 846.98 |
Spruce Return On Equity History
About Spruce Power Financial Statements
Spruce Power shareholders use historical fundamental indicators, such as Return On Equity, 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 Reported | Projected for Next Year | ||
| Return On Equity | (0.31) | (0.33) |
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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.