Spruce Research Development from 2010 to 2026

SPRB Stock  USD 79.86  2.04  2.49%   
Spruce Biosciences' Research Development is increasing over the years with slightly volatile fluctuation. Research Development is expected to dwindle to about 32.2 M. From 2010 to 2026 Spruce Biosciences Research Development quarterly data regression line had arithmetic mean of  21,035,924 and r-squared of  0.72. View All Fundamentals
 
Research Development  
First Reported
2019-03-31
Previous Quarter
430 K
Current Value
M
Quarterly Volatility
4.3 M
 
Covid
 
Interest Hikes
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 7.89, Dividend Yield of 0.0 or PTB Ratio of 0.55. Spruce financial statements analysis is a perfect complement when working with Spruce Biosciences Valuation or Volatility modules.
  
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Check out the analysis of Spruce Biosciences Correlation against competitors.
Analyzing Spruce Biosciences's Research Development over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Research Development has evolved provides context for assessing Spruce Biosciences's current valuation and future prospects.

Latest Spruce Biosciences' Research Development Growth Pattern

Below is the plot of the Research Development of Spruce Biosciences Common over the last few years. It is Spruce Biosciences' Research Development 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.
Research Development10 Years Trend
Slightly volatile
   Research Development   
       Timeline  

Spruce Research Development Regression Statistics

Arithmetic Mean21,035,924
Geometric Mean15,765,328
Coefficient Of Variation79.40
Mean Deviation14,578,263
Median8,403,000
Standard Deviation16,702,733
Sample Variance279T
Range45M
R-Value0.85
Mean Square Error83.1T
R-Squared0.72
Significance0.000016
Slope2,808,147
Total Sum of Squares4463.7T

Spruce Research Development History

202632.2 M
202553.4 M
202446.4 M
202349.4 M
202235.2 M
202130.7 M
202023.9 M

About Spruce Biosciences Financial Statements

Spruce Biosciences stakeholders use historical fundamental indicators, such as Spruce Biosciences' Research Development, 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 ReportedProjected for Next Year
Research Development53.4 M32.2 M

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When determining whether Spruce Biosciences Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spruce Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spruce Biosciences Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spruce Biosciences Common Stock:
Check out the analysis of Spruce Biosciences Correlation against competitors.
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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. Comprehensive Spruce Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(84.32)
Revenue Per Share
1.201
Quarterly Revenue Growth
(0.76)
Return On Assets
(0.77)
Return On Equity
(1.68)
Understanding Spruce Biosciences Common requires distinguishing between market price and book value, where the latter reflects Spruce's accounting equity. The concept of intrinsic value—what Spruce Biosciences' is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Spruce Biosciences' price substantially above or below its fundamental 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. In contrast, Spruce Biosciences' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.