Spruce Net Interest Income from 2010 to 2026
| SPRB Stock | USD 90.70 3.59 4.12% |
Net Interest Income | First Reported 2019-09-30 | Previous Quarter 625 K | Current Value 17 K | Quarterly Volatility 498.3 K |
Check Spruce Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spruce Biosciences' main balance sheet or income statement drivers, such as Net Interest Income of 3.8 M, Depreciation And Amortization of 48.2 K or Interest Expense of 305.3 K, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0 or PTB Ratio of 0.0072. Spruce financial statements analysis is a perfect complement when working with Spruce Biosciences Valuation or Volatility modules.
Spruce | Net Interest Income | Build AI portfolio with Spruce Stock |
Latest Spruce Biosciences' Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Spruce Biosciences Common over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Spruce Biosciences' Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spruce Biosciences' overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Spruce Net Interest Income Regression Statistics
| Arithmetic Mean | 862,036 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 183.72 | |
| Mean Deviation | 1,303,227 | |
| Median | 0.00 | |
| Standard Deviation | 1,583,770 | |
| Sample Variance | 2.5T | |
| Range | 4.2M | |
| R-Value | 0.75 | |
| Mean Square Error | 1.2T | |
| R-Squared | 0.56 | |
| Significance | 0.0006 | |
| Slope | 234,443 | |
| Total Sum of Squares | 40.1T |
Spruce Net Interest Income History
About Spruce Biosciences Financial Statements
Spruce Biosciences stakeholders use historical fundamental indicators, such as Spruce Biosciences' Net Interest Income, to determine how well the company is positioned to perform in the future. Although Spruce Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spruce Biosciences' assets and liabilities are reflected in the revenues and expenses on Spruce Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spruce Biosciences Common. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 3.6 M | 3.8 M |
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Check out the analysis of Spruce Biosciences Correlation against competitors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spruce Biosciences. If investors know Spruce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spruce Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (84.32) | Revenue Per Share | Quarterly Revenue Growth (0.76) | Return On Assets | Return On Equity |
The market value of Spruce Biosciences Common is measured differently than its book value, which is the value of Spruce that is recorded on the company's balance sheet. Investors also form their own opinion of Spruce Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Spruce Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spruce Biosciences' market value can be influenced by many factors that don't directly affect Spruce Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spruce Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spruce Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spruce Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.