ARS Pharmaceuticals, Inc (SPRY) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.381x

Based on the latest financial reports, ARS Pharmaceuticals, Inc (SPRY) has a cash flow conversion efficiency ratio of -0.381x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-43.48 Million) by net assets ($114.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ARS Pharmaceuticals, Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.

ARS Pharmaceuticals, Inc - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how ARS Pharmaceuticals, Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

ARS Pharmaceuticals, Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of ARS Pharmaceuticals, Inc ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
IDI Insurance Company Ltd
TA:IDIN
0.678x
Changchun Faway Automobile Components Co Ltd
SHG:600742
0.066x
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
0.030x
BW Offshore Ltd
OL:BWO
0.266x
Lumexa Imaging Holdings, Inc. Common Stock
NASDAQ:LMRI
0.029x
Hangzhou Anysoft Information Technology Co Ltd
SHE:300571
0.066x
Strait Innovation Internet Co Ltd
SHE:300300
-0.098x
Hefei Department Store Group Co Ltd
SHE:000417
0.042x

Annual Cash Flow Conversion Efficiency for ARS Pharmaceuticals, Inc (2018–2025)

The table below shows the annual cash flow conversion efficiency of ARS Pharmaceuticals, Inc from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see market value of ARS Pharmaceuticals, Inc.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $114.26 Million $-170.87 Million -1.495x -2934.56%
2024-12-31 $256.80 Million $13.55 Million 0.053x +120.54%
2023-12-31 $230.76 Million $-59.27 Million -0.257x -74.87%
2022-12-31 $272.89 Million $-40.08 Million -0.147x -126.15%
2021-12-31 $-31.27 Million $-17.56 Million 0.562x +187.00%
2020-12-31 $-14.05 Million $9.07 Million -0.646x -119.14%
2019-12-31 $-5.60 Million $-18.90 Million 3.373x +463.71%
2018-12-31 $18.20 Million $-16.88 Million -0.927x --

About ARS Pharmaceuticals, Inc

NASDAQ:SPRY USA Biotechnology
Market Cap
$963.22 Million
Market Cap Rank
#9715 Global
#2606 in USA
Share Price
$9.70
Change (1 day)
-1.12%
52-Week Range
$6.73 - $18.35
All Time High
$60.41
About

ARS Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes treatments for severe allergic reactions in the United States and internationally. The company is involved in the development of neffy, a needle-free intranasal delivery of epinephrine for emergency treatment of Type I allergic reactions, including anaphylaxis. ARS Pharmaceuticals, Inc. was founded in 2015 and is … Read more