Spruce Cash And Short Term Investments from 2010 to 2024

SPRU Stock   2.40  0.10  4.35%   
Spruce Power Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
141.4 M
Current Value
230.2 M
Quarterly Volatility
131 M
 
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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Spruce Power Holding over the last few years. Short Term Investments is an account in the current assets section of Spruce Power Holding balance sheet. This account contains Spruce Power investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Spruce Power Holding fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Spruce Power's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Spruce Cash And Short Term Investments Regression Statistics

Arithmetic Mean87,137,011
Geometric Mean14,052,985
Coefficient Of Variation150.28
Mean Deviation111,668,014
Median3,386,000
Standard Deviation130,951,670
Sample Variance17148.3T
Range348.3M
R-Value0.72
Mean Square Error8994.4T
R-Squared0.51
Significance0
Slope20,971,886
Total Sum of Squares240076.8T

Spruce Cash And Short Term Investments History

2024230.2 M
2023141.4 M
2022220.3 M
2021351.7 M
2020329.6 M

About Spruce Power Financial Statements

Spruce Power shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments141.4 M230.2 M

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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.