Spruce Biosciences (SPRB)

Net assets on the balance sheet as of June 2024 : A$88.74 M

According to Spruce Biosciences's latest financial reports the company has A$88.74 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spruce Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.10 B	-34.29%
2021-12-31	$A$0.15 B	-21.01%
2020-12-31	$A$0.19 B	-544.94%
2019-12-31	$-A$43.59 M	72.53%
2018-12-31	$-A$25.27 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	411.08%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Spruce Biosciences (SPRB) - Net assets

Net assets on the balance sheet as of June 2024 : A$88.74 M