Spruce Biosciences (SPRB)

Net assets on the balance sheet as of June 2024 : NZ$95.63 M

According to Spruce Biosciences's latest financial reports the company has NZ$95.63 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	$NZ$0.10 B	-33.67%
2021-12-31	$NZ$0.16 B	-21.73%
2020-12-31	$NZ$0.20 B	-557.47%
2019-12-31	$-NZ$45.42 M	71.21%
2018-12-31	$-NZ$26.53 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.48 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 : NZ$95.63 M