Spruce Historical Income Statement
SPRU Stock | 3.01 0.12 4.15% |
Historical analysis of Spruce Power income statement accounts such as Gross Profit of 44.1 M, Other Operating Expenses of 72.7 M, Research Development of 7.7 M or Ebitda of 6.2 M can show how well Spruce Power Holding performed in making a profits. Evaluating Spruce Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Spruce Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Spruce Power Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spruce Power Holding is a good buy for the upcoming year.
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About Spruce Income Statement Analysis
Spruce Power Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Spruce Power shareholders. The income statement also shows Spruce investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Spruce Power Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Spruce Power Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Spruce Power Holding. It is also known as Spruce Power overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Spruce Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Spruce Power Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spruce Power Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Spruce Power's Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 44 M in 2024, despite the fact that Net Interest Income is likely to grow to (23.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 39K | 10.1M | 41.9M | 44.0M | Depreciation And Amortization | 653K | 7.5M | 21.6M | 22.7M |
Spruce Power income statement Correlations
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Spruce Power Account Relationship Matchups
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Spruce Power income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ebit | (13.6M) | (15.3M) | 52.6M | (42.6M) | (15.7M) | (14.9M) | |
Net Income Applicable To Common Shares | (14.9M) | (60.6M) | 28.8M | (93.9M) | (84.5M) | (80.3M) |
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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.