Spruce Total Assets from 2010 to 2026

SPRB Stock  USD 83.49  5.50  7.05%   
Spruce Biosciences' Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 83.9 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2019-12-31
Previous Quarter
21.8 M
Current Value
15.3 M
Quarterly Volatility
46.4 M
 
Covid
 
Interest Hikes
Check Spruce Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spruce Biosciences' main balance sheet or income statement drivers, such as Net Interest Income of 3.8 M, Depreciation And Amortization of 48.2 K or Interest Expense of 305.3 K, as well as many indicators such as Price To Sales Ratio of 7.89, Dividend Yield of 0.0 or PTB Ratio of 0.55. Spruce financial statements analysis is a perfect complement when working with Spruce Biosciences Valuation or Volatility modules.
  
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Check out the analysis of Spruce Biosciences Correlation against competitors.
Analyzing Spruce Biosciences's Total Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Total Assets has evolved provides context for assessing Spruce Biosciences's current valuation and future prospects.

Latest Spruce Biosciences' Total Assets Growth Pattern

Below is the plot of the Total Assets of Spruce Biosciences Common over the last few years. Total assets refers to the total amount of Spruce Biosciences assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Spruce Biosciences Common books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Spruce Biosciences' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spruce Biosciences' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 45.21 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Spruce Total Assets Regression Statistics

Arithmetic Mean41,628,642
Geometric Mean15,721,189
Coefficient Of Variation124.84
Mean Deviation43,366,990
Median4,775,000
Standard Deviation51,971,174
Sample Variance2701T
Range158.2M
R-Value0.64
Mean Square Error1684.3T
R-Squared0.42
Significance0.01
Slope6,633,296
Total Sum of Squares43216T

Spruce Total Assets History

202683.9 M
202552 M
202445.2 M
2023103.9 M
202285.6 M
2021126.5 M
2020162.9 M

Other Fundumenentals of Spruce Biosciences Common

Spruce Biosciences Total Assets component correlations

1.00.96-0.86-0.550.41-0.561.00.990.630.990.63-0.240.870.470.560.33-0.49-0.22
1.00.97-0.85-0.540.39-0.621.00.980.640.980.64-0.240.880.470.560.33-0.48-0.21
0.960.97-0.82-0.670.21-0.70.970.950.760.930.76-0.40.860.550.680.48-0.6-0.27
-0.86-0.85-0.820.4-0.590.4-0.85-0.9-0.48-0.9-0.480.37-0.93-0.71-0.29-0.160.280.07
-0.55-0.54-0.670.40.360.44-0.55-0.56-0.95-0.48-0.950.77-0.34-0.5-0.91-0.770.970.55
0.410.390.21-0.590.360.080.380.4-0.240.45-0.240.350.450.01-0.35-0.470.430.33
-0.56-0.62-0.70.40.440.08-0.61-0.54-0.49-0.55-0.490.33-0.54-0.36-0.47-0.460.430.33
1.01.00.97-0.85-0.550.38-0.610.990.640.980.64-0.240.880.470.570.33-0.49-0.21
0.990.980.95-0.9-0.560.4-0.540.990.640.990.64-0.320.90.590.540.33-0.5-0.22
0.630.640.76-0.48-0.95-0.24-0.490.640.640.551.0-0.650.430.470.960.76-0.92-0.39
0.990.980.93-0.9-0.480.45-0.550.980.990.550.55-0.250.920.560.460.26-0.42-0.19
0.630.640.76-0.48-0.95-0.24-0.490.640.641.00.55-0.650.430.470.960.76-0.92-0.39
-0.24-0.24-0.40.370.770.350.33-0.24-0.32-0.65-0.25-0.65-0.26-0.75-0.5-0.70.720.66
0.870.880.86-0.93-0.340.45-0.540.880.90.430.920.43-0.260.670.280.1-0.220.03
0.470.470.55-0.71-0.50.01-0.360.470.590.470.560.47-0.750.670.260.39-0.44-0.31
0.560.560.68-0.29-0.91-0.35-0.470.570.540.960.460.96-0.50.280.260.77-0.92-0.39
0.330.330.48-0.16-0.77-0.47-0.460.330.330.760.260.76-0.70.10.390.77-0.85-0.79
-0.49-0.48-0.60.280.970.430.43-0.49-0.5-0.92-0.42-0.920.72-0.22-0.44-0.92-0.850.64
-0.22-0.21-0.270.070.550.330.33-0.21-0.22-0.39-0.19-0.390.660.03-0.31-0.39-0.790.64
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About Spruce Biosciences Financial Statements

Spruce Biosciences stakeholders use historical fundamental indicators, such as Spruce Biosciences' Total Assets, to determine how well the company is positioned to perform in the future. Although Spruce Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spruce Biosciences' assets and liabilities are reflected in the revenues and expenses on Spruce Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spruce Biosciences Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets52 M83.9 M

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When determining whether Spruce Biosciences Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spruce Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spruce Biosciences Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spruce Biosciences Common Stock:
Check out the analysis of Spruce Biosciences Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spruce Biosciences. If investors know Spruce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Spruce Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(84.32)
Revenue Per Share
1.201
Quarterly Revenue Growth
(0.76)
Return On Assets
(0.77)
Return On Equity
(1.68)
Understanding Spruce Biosciences Common requires distinguishing between market price and book value, where the latter reflects Spruce's accounting equity. The concept of intrinsic value - what Spruce Biosciences' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Spruce Biosciences' price substantially above or below its fundamental value.
Please note, there is a significant difference between Spruce Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spruce Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Spruce Biosciences' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.