Spruce Biosciences, Inc.

Spruce Biosciences, Inc.verified

SPRB

Price:

$0.535

Market Cap:

$22.10M

Spruce Biosciences, Inc., a biopharmaceutical company, focuses on developing and commercializing novel therapies for rare endocrine disorders. The company engages in developing tildacerfont, a non-steroidal therapy to enhance disease control and reduce steroid burden for adult patients suffering from congenital adrenal hyperplasia (CAH), which is in Phase 2b clinical trial; and to evaluate glucocorticoid reduction and clinical consequences in adult patients with classic CAH that is Phase 2b clinical trial. It is also developing tildacerfont for the treatment of pediatric classic congenital adrenal hyperplasia in children that is in Phase 2 clinical trial; and for females with polycystic ovar...[Read more]

Industry

Biotechnology

IPO Date

2020-10-09

Stock Exchange

NASDAQ

Ticker

SPRB

The Current Ratio as of November 2024 (TTM) for Spruce Biosciences, Inc. (SPRB) is 5.17

According to Spruce Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.17. This represents a change of 11.19% compared to the average of 4.65 of the last 4 quarters.

Spruce Biosciences, Inc. (SPRB) Historical Current Ratio (quarterly & annually)

How has SPRB Current Ratio performed in the past?

The mean historical Current Ratio of Spruce Biosciences, Inc. over the last ten years is 6.75. The current 5.17 Current Ratio has changed 7.56% with respect to the historical average. Over the past ten years (40 quarters), SPRB's Current Ratio was at its highest in in the March 2021 quarter at 22.13. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

6.75

Median

5.45

Minimum

1.08

Maximum

16.43

Spruce Biosciences, Inc. (SPRB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Spruce Biosciences, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.42%

Maximum Annual Current Ratio = 16.43

Minimum Annual Increase = -38.73%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.18-37.82%
20226.72-35.16%
202110.36-36.95%
202016.431.42%
20191.08-38.73%

Spruce Biosciences, Inc. (SPRB) Average Current Ratio

How has SPRB Current Ratio performed in the past?

The current Current Ratio of Spruce Biosciences, Inc. (SPRB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.08

5-year avg

7.75

10-year avg

6.75

Spruce Biosciences, Inc. (SPRB) Current Ratio vs. Peers

How is SPRB’s Current Ratio compared to its peers?

Spruce Biosciences, Inc.’s Current Ratio is less than Inozyme Pharma, Inc. (9.84), less than Day One Biopharmaceuticals, Inc. (14.62), less than Terns Pharmaceuticals, Inc. (21.02), less than Eledon Pharmaceuticals, Inc. (14.48), greater than HOOKIPA Pharma Inc. (3.86), less than X4 Pharmaceuticals, Inc. (6.07), less than Acumen Pharmaceuticals, Inc. (17.37), less than VectivBio Holding AG (9.14),

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