Spruce Biosciences (SPRB)

Net assets on the balance sheet as of September 2024 : $51.63 Million USD

According to Spruce Biosciences's latest financial reports the company has $51.63 Million USD 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	$$68.48 M	-38.51%
2021-12-31	$$0.11 B	-25.47%
2020-12-31	$$0.14 B	-587.73%
2019-12-31	$-$30.64 Million	72.1%
2018-12-31	$-$17.81 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	$0.27 B	430.61%	🇺🇸 USA

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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 September 2024 : $51.63 Million USD