SPRU sprucepower.com: Long-Term Debt to Capital Coefficient

Spruce Power profitability is based on the quality of solar contracts and the efficiency of refinancing obligations. The long-term debt-to-equity ratio on this chart reflects borrowing dynamics, where the indicator remains around 3.38. Rising electricity tariffs are driving customers toward subscription models, while expanding the base through the acquisition of ready-made asset portfolios strengthens the resilience of the service model.

This ratio is calculated as the proportion of liabilities with a maturity of more than one year to total equity. The metric determines the degree of business autonomy and its resilience to credit risks. Amid intense competition in the US solar energy sector, borrowings are frequently utilized for expansion through mergers. Analyzing the long-term financial dependency ratio helps assess the balance between growth leverage and the solvency of Spruce Power (SPRU).