Spruce Biosciences, Inc. Common Stock Defensive Interval Ratio

Latest as of December 2023: 0 days

Spruce Biosciences, Inc. Common Stock defensive interval ratio. Spruce Biosciences, Inc. Common Stock (SPRB) has a Defensive Interval Ratio of 0 days as of December 2023. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $67.03K/day. See how liquid is Spruce Biosciences, Inc. Common Stock's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$67.03K
Current Liabilities ÷ 365

Current Liabilities

$24.46 Million
USD

Defensive Interval Ratio of Spruce Biosciences, Inc. Common Stock (2020–2023)

Defensive interval ratio of Spruce Biosciences, Inc. Common Stock from 2020 to 2023. This chart shows how Spruce Biosciences, Inc. Common Stock's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of December 2023, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. Check Spruce Biosciences, Inc. Common Stock (SPRB) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Spruce Biosciences, Inc. Common Stock Defensive Interval Ratio by Year (2020–2023)

Spruce Biosciences, Inc. Common Stock defensive interval ratio by year from 2020 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Spruce Biosciences, Inc. Common Stock from 2020 to 2023, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see Spruce Biosciences, Inc. Common Stock balance sheet assets.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 0 days $0.00 $67.03K/day $- $0.00 ▼ -1601 days
2022 1601 days $54.59 Million $34.10K/day $- $54.59 Million ▼ -301 days
2021 1902 days $46.22 Million $24.30K/day $- $46.22 Million ▲ +1902 days
2020 0 days $0.00 $26.75K/day $- $0.00 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)