Spruce Biosciences, Inc. Common Stock (SPRB) — Defensive Interval Ratio

Latest as of December 2023: 0 days

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. Check SPRB tangible net assets ratio to evaluate the tangible quality of 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

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

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. Also explore Spruce Biosciences, Inc. Common Stock annual equity growth to track the company's year-over-year net asset growth rate.

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

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 live market cap and the full company financial profile, see Spruce Biosciences, Inc. Common Stock market capitalisation.

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)