Spruce Power Holding's quarterly market cap
declined
from Jun. 2023 ($120.37 Mil) to Sep. 2023 ($98.98 Mil) and
declined
from Sep. 2023 ($98.98 Mil) to Dec. 2023 ($80.85 Mil).
Spruce Power Holding's annual market cap
declined
from Dec. 2021 ($465.19 Mil) to Dec. 2022 ($132.70 Mil) and
declined
from Dec. 2022 ($132.70 Mil) to Dec. 2023 ($80.85 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Spruce Power Holding's Enterprise Value for Today is $571.05 Mil.
Spruce Power Holding Market Cap Historical Data
The historical data trend for Spruce Power Holding's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Spruce Power Holding's Market Cap
For the Solar subindustry, Spruce Power Holding's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spruce Power Holding's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Market Cap distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Market Cap falls into.
Spruce Power Holding Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Spruce Power Holding's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spruce Power Holding (NYSE:SPRU) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Spruce Power Holding Market Cap Related Terms
Thank you for viewing the detailed overview of Spruce Power Holding's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Spruce Power Holding (Spruce Power Holding) Business Description
Spruce Power Holding Corp is a renewable-focused Power-as-a-Service company offering solar battery installation and maintenance services, It provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. Its solutions offerings comprise Battery Bundles and System Expansion Options.
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