ARS Pharmaceuticals, Inc (SPRY) - Total Assets

Latest as of December 2025: $327.65 Million USD

Based on the latest financial reports, ARS Pharmaceuticals, Inc (SPRY) holds total assets worth $327.65 Million USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of ARS Pharmaceuticals, Inc for net asset value and shareholders' equity analysis.

ARS Pharmaceuticals, Inc - Total Assets Trend (2018–2025)

This chart illustrates how ARS Pharmaceuticals, Inc's total assets have evolved over time, based on quarterly financial data.

ARS Pharmaceuticals, Inc - Asset Composition Analysis

Current Asset Composition (December 2025)

ARS Pharmaceuticals, Inc's total assets of $327.65 Million consist of 87.0% current assets and 13.1% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 12.6%
Accounts Receivable $25.35 Million 7.7%
Inventory $8.37 Million 2.6%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $14.45 Million 4.4%
Goodwill $0.00 0.0%

Asset Composition Trend (2018–2025)

This chart illustrates how ARS Pharmaceuticals, Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see ARS Pharmaceuticals, Inc (SPRY) market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: ARS Pharmaceuticals, Inc's current assets represent 87.0% of total assets in 2025, an increase from 75.4% in 2018.
  • Cash Position: Cash and equivalents constituted 12.6% of total assets in 2025, down from 73.2% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2018.
  • Asset Diversification: The largest asset category is accounts receivable at 7.7% of total assets.

ARS Pharmaceuticals, Inc Competitors by Total Assets

Key competitors of ARS Pharmaceuticals, Inc based on total assets are shown below.

Company Country Total Assets
Ligand Pharmaceuticals Incorporated
NASDAQ:LGND
USA $1.53 Billion
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
USA $7.59 Billion
Shanghai Junshi Biosciences Co Ltd
SHG:688180
China CN¥11.69 Billion
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
China CN¥16.55 Billion
Xiamen Amoytop Biotech Co Ltd
SHG:688278
China CN¥3.21 Billion
Tibet Cheezheng Tibetan Medicine Co Ltd
SHE:002287
China CN¥6.66 Billion
Jade Biosciences, Inc.
NASDAQ:JBIO
USA $319.43 Million
Theravance Biopharma Inc
F:0TB
Germany €415.46 Million

ARS Pharmaceuticals, Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 7.28 14.26 32.63
Quick Ratio 7.06 14.04 32.63
Cash Ratio 0.00 0.00 0.00
Working Capital $245.75 Million $310.86 Million $366.75 Million

ARS Pharmaceuticals, Inc - Advanced Valuation Insights

This section examines the relationship between ARS Pharmaceuticals, Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 7.60
Latest Market Cap to Assets Ratio 2.48
Asset Growth Rate (YoY) -6.7%
Total Assets $327.65 Million
Market Capitalization $811.29 Million USD

Valuation Analysis

Premium Asset Valuation: The market values ARS Pharmaceuticals, Inc's assets at a significant premium (2.48x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: ARS Pharmaceuticals, Inc's assets decreased by 6.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for ARS Pharmaceuticals, Inc (2018–2025)

The table below shows the annual total assets of ARS Pharmaceuticals, Inc from 2018 to 2025.

Year Total Assets Change
2025-12-31 $327.65 Million -6.69%
2024-12-31 $351.15 Million +50.59%
2023-12-31 $233.19 Million -17.14%
2022-12-31 $281.44 Million +358.02%
2021-12-31 $61.45 Million +132.69%
2020-12-31 $26.41 Million +68.77%
2019-12-31 $15.65 Million -43.20%
2018-12-31 $27.55 Million --

About ARS Pharmaceuticals, Inc

NASDAQ:SPRY USA Biotechnology
Market Cap
$811.29 Million
Market Cap Rank
#10196 Global
#2635 in USA
Share Price
$8.17
Change (1 day)
+2.90%
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