Spruce Biosciences Inc

Important metrics include cash and short-term investments, total assets, current assets, total liabilities, current liabilities, long-term debt, shareholders' equity, retained earnings, inventory, receivables, working capital, current ratio, quick ratio, debt-to-equity ratio, and return on equity. Investors usually review these together rather than relying on one number.

Assets are resources the company owns or controls, such as cash, receivables, inventory, investments, and property. Liabilities are obligations the company owes, such as accounts payable, debt, leases, and taxes. Shareholders' equity is the residual value after liabilities are subtracted from assets.

Current assets and current liabilities are generally expected to be converted, used, paid, or settled within one year or one operating cycle. Non-current assets and non-current liabilities are longer-term items, such as property, long-term investments, deferred tax assets, long-term debt, and lease obligations.

In its most recent quarterly, Spruce Biosciences Inc had 54.08M in cash and cash equivalents.

Spruce Biosciences Inc reported 10.51M in total liabilities as of the latest reported quarter, including 10.09M in current liabilities and 419.00K in non-current liabilities.

As of the latest reported quarter, Spruce Biosciences Inc's total assets were 53.02M, consisting of 52.11M in current assets and 909.00K in non-current assets.

Spruce Biosciences Inc reported 42.52M in total shareholders' equity as of the latest reported quarter.