Spruce Biosciences, Inc. Common Stock - Asset Resilience Ratio

Latest as of December 2023: 0.00%

Spruce Biosciences, Inc. Common Stock (SPRB) has an Asset Resilience Ratio of 0.00% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read SPRB total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$0.00
Cash + Short-term Investments

Total Assets

$103.95 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Spruce Biosciences, Inc. Common Stock's Asset Resilience Ratio has changed over time. See SPRB book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Spruce Biosciences, Inc. Common Stock's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Spruce Biosciences, Inc. Common Stock stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $0.00 0%
Total Liquid Assets $0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Spruce Biosciences, Inc. Common Stock maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Spruce Biosciences, Inc. Common Stock Industry Peers by Asset Resilience Ratio

Compare Spruce Biosciences, Inc. Common Stock's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Fortress Biotech Inc
NASDAQ:FBIO
Biotechnology 11.59%
Summit Therapeutics PLC
NASDAQ:SMMT
Biotechnology 0.00%
Tubize-Fin
BR:TUB
Biotechnology 0.05%
Apellis Pharmaceuticals Inc
NASDAQ:APLS
Biotechnology 0.58%
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
Biotechnology 8.08%
BrightGene Bio Medical Technology C
SHG:688166
Biotechnology 1.00%
BioArctic AB (publ)
ST:BIOA-B
Biotechnology 72.35%
Chengzhi Shareholding Co Ltd
SHE:000990
Biotechnology 6.73%

Annual Asset Resilience Ratio for Spruce Biosciences, Inc. Common Stock (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Spruce Biosciences, Inc. Common Stock.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% $0.00 $103.95 Million --
2022-12-31 63.74% $54.59 Million $85.65 Million +27.20pp
2021-12-31 36.54% $46.22 Million $126.49 Million --
2020-12-31 0.00% $0.00 $162.88 Million --
pp = percentage points

About Spruce Biosciences, Inc. Common Stock

NASDAQ:SPRB USA Biotechnology
Market Cap
$78.59 Million
Market Cap Rank
#20111 Global
#4362 in USA
Share Price
$57.28
Change (1 day)
-0.07%
52-Week Range
$49.72 - $100.00
All Time High
$100.00
About

Spruce Biosciences, Inc. is a biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders. The company develops TA-ERT, a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase, which is an enzyme replacement therapy for patients with Sanfilippo Syndrome Type B. It also develops Tildacerfont for treating a highly debilitating… Read more