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. Check SPRB PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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 Spruce Biosciences, Inc. Common Stock balance sheet independence to measure how much of total assets are equity-financed.

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
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Cyclacel Pharmaceuticals Inc
NASDAQ:CYCC
Biotechnology -55.36%
Krystal Biotech Inc
NASDAQ:KRYS
Biotechnology 23.06%
Verona Pharma PLC ADR
NASDAQ:VRNA
Biotechnology 0.00%
Centessa Pharmaceuticals PLC ADR
NASDAQ:CNTA
Biotechnology 33.37%
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
Biotechnology 8.08%
Hebei Changshan Biochem Pharma
SHE:300255
Biotechnology -0.03%
BB Biotech AG
SW:BION
Biotechnology 0.05%

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
$131.76 Million
Market Cap Rank
#18235 Global
#4196 in USA
Share Price
$48.76
Change (1 day)
+3.52%
52-Week Range
$47.10 - $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