Spruce Fixed Asset Turnover from 2010 to 2024

SPRU Stock   2.32  0.03  1.31%   
Spruce Power Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 0.15 in 2024. From the period from 2010 to 2024, Spruce Power Fixed Asset Turnover quarterly data regression had r-value of (0.45) and coefficient of variation of  76.80. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.16286488
Current Value
0.15
Quarterly Volatility
8.9206226
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Spruce Power Holding over the last few years. It is Spruce Power's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Spruce Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.62
Geometric Mean4.86
Coefficient Of Variation76.80
Mean Deviation6.29
Median14.25
Standard Deviation8.92
Sample Variance79.58
Range35.0679
R-Value(0.45)
Mean Square Error68.25
R-Squared0.20
Significance0.09
Slope(0.90)
Total Sum of Squares1,114

Spruce Fixed Asset Turnover History

2024 0.15
2023 0.16
2022 0.0581
2021 1.94
2020 35.13
2019 8.59

About Spruce Power Financial Statements

Spruce Power shareholders use historical fundamental indicators, such as Fixed Asset Turnover, 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
Fixed Asset Turnover 0.16  0.15 

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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.