ARS Pharmaceuticals, Inc Tangible Net Worth Ratio
ARS Pharmaceuticals, Inc tangible net worth ratio. ARS Pharmaceuticals, Inc (SPRY) has a Tangible Net Worth Ratio of 87.4% as of December 2025. This metric is calculated by deducting intangible assets ($14.45 Million) from net assets ($114.26 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check SPRY strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of ARS Pharmaceuticals, Inc (2018–2025)
Tangible net worth ratio of ARS Pharmaceuticals, Inc from 2018 to 2025. This chart shows how ARS Pharmaceuticals, Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 87.4%, reflecting net assets of $114.26 Million with intangible assets of $14.45 Million USD. See SPRY current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
ARS Pharmaceuticals, Inc Tangible Net Worth Ratio by Year (2018–2025)
ARS Pharmaceuticals, Inc tangible net worth ratio by year from 2018 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for ARS Pharmaceuticals, Inc from 2018 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see ARS Pharmaceuticals, Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.4% | $114.26 Million | $14.45 Million | $327.65 Million | ▼ -9.7 pp |
| 2024 | 97.0% | $256.80 Million | $7.68 Million | $351.15 Million | ▼ -2.7 pp |
| 2023 | 99.7% | $230.76 Million | $617.00K | $233.19 Million | ▼ -0.3 pp |
| 2022 | 100.0% | $272.89 Million | $0.00 | $281.44 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $18.20 Million | $0.00 | $27.55 Million | — |