Spruce Biosciences (SPRB)

Net assets on the balance sheet as of June 2024 : £45.08 M

According to Spruce Biosciences's latest financial reports the company has £45.08 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	$£56.6 M	-31.21%
2021-12-31	$£82.29 M	-24.82%
2020-12-31	$£0.10 B	-574.12%
2019-12-31	$-£23.09 M	65.47%
2018-12-31	$-£13.96 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	£0.23 B	411.08%	🇺🇸 USA

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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 : £45.08 M