Spruce Current Deferred Revenue vs Capex To Revenue Analysis

SPRB Stock

USD 0.55 0.02 3.77%

Spruce Biosciences financial indicator trend analysis is much more than just breaking down Spruce Biosciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spruce Biosciences is a good investment. Please check the relationship between Spruce Biosciences Current Deferred Revenue and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spruce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Spruce Stock refer to our How to Trade Spruce Stock guide.

Current Deferred Revenue vs Capex To Revenue

Current Deferred Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spruce Biosciences Current Deferred Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Spruce Biosciences' Current Deferred Revenue and Capex To Revenue is 1.0. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Spruce Biosciences, assuming nothing else is changed. The correlation between historical values of Spruce Biosciences' Current Deferred Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Spruce Biosciences are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., Spruce Biosciences' Current Deferred Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Spruce Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spruce Biosciences current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spruce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Spruce Stock refer to our How to Trade Spruce Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 62.6 M, whereas Selling General Administrative is forecasted to decline to about 8.3 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	68K	74K	78K	49.3K
Total Operating Expenses	42.1M	47.3M	62.1M	37.4M

Reconciled Depreciation Total Operating Expenses

Spruce Biosciences fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Other Liab
Total Assets		0.68	0.69	1.0	1.0	-0.87	-0.72	0.65	0.89	0.51	0.24	0.44	0.99	0.48	0.8	-0.89	0.85	0.98	-0.59	1.0	0.99	0.82	0.99	0.82	0.86	0.82
Other Current Liab	0.68		0.99	0.65	0.64	-0.62	-0.99	0.36	0.56	0.19	0.32	0.31	0.67	0.89	0.85	-0.81	0.89	0.73	-0.22	0.65	0.68	0.9	0.63	0.9	0.6	0.86
Total Current Liabilities	0.69	0.99		0.66	0.65	-0.7	-0.96	0.48	0.64	0.13	0.19	0.17	0.7	0.82	0.85	-0.8	0.87	0.74	-0.19	0.66	0.71	0.86	0.66	0.86	0.57	0.84
Total Stockholder Equity	1.0	0.65	0.66		1.0	-0.86	-0.69	0.64	0.88	0.53	0.25	0.46	0.99	0.46	0.76	-0.9	0.83	0.98	-0.65	1.0	0.98	0.8	0.99	0.8	0.88	0.8
Net Tangible Assets	1.0	0.64	0.65	1.0		-0.86	-0.69	0.65	0.88	0.53	0.25	0.46	0.99	0.45	0.76	-0.9	0.83	0.98	-0.64	1.0	0.99	0.8	0.99	0.8	0.87	0.81
Net Debt	-0.87	-0.62	-0.7	-0.86	-0.86		0.61	-0.84	-0.98	-0.14	0.05	0.02	-0.92	-0.26	-0.7	0.78	-0.72	-0.9	0.45	-0.86	-0.91	-0.63	-0.91	-0.63	-0.64	-0.72
Retained Earnings	-0.72	-0.99	-0.96	-0.69	-0.69	0.61		-0.34	-0.57	-0.26	-0.39	-0.41	-0.71	-0.9	-0.88	0.84	-0.93	-0.76	0.24	-0.7	-0.72	-0.94	-0.67	-0.94	-0.65	-0.9
Accounts Payable	0.65	0.36	0.48	0.64	0.65	-0.84	-0.34		0.83	0.25	-0.51	-0.31	0.66	0.09	0.45	-0.56	0.43	0.64	-0.33	0.63	0.66	0.42	0.66	0.42	0.29	0.4
Cash	0.89	0.56	0.64	0.88	0.88	-0.98	-0.57	0.83		0.18	-0.01	0.03	0.93	0.21	0.71	-0.76	0.73	0.92	-0.43	0.88	0.93	0.64	0.93	0.64	0.62	0.74
Non Current Assets Total	0.51	0.19	0.13	0.53	0.53	-0.14	-0.26	0.25	0.18		-0.01	0.62	0.39	0.41	0.33	-0.38	0.3	0.37	-0.41	0.53	0.39	0.45	0.4	0.45	0.53	0.18
Non Currrent Assets Other	0.24	0.32	0.19	0.25	0.25	0.05	-0.39	-0.51	-0.01	-0.01		0.77	0.25	0.37	0.26	-0.35	0.45	0.3	-0.26	0.26	0.26	0.39	0.25	0.39	0.47	0.52
Other Assets	0.44	0.31	0.17	0.46	0.46	0.02	-0.41	-0.31	0.03	0.62	0.77		0.37	0.52	0.37	-0.43	0.48	0.4	-0.41	0.47	0.38	0.53	0.38	0.53	0.66	0.45
Cash And Short Term Investments	0.99	0.67	0.7	0.99	0.99	-0.92	-0.71	0.66	0.93	0.39	0.25	0.37		0.42	0.8	-0.89	0.85	1.0	-0.57	0.99	1.0	0.79	1.0	0.79	0.83	0.84
Common Stock Total Equity	0.48	0.89	0.82	0.46	0.45	-0.26	-0.9	0.09	0.21	0.41	0.37	0.52	0.42		0.69	-0.66	0.74	0.49	-0.16	0.46	0.44	0.84	0.38	0.84	0.51	0.68
Common Stock Shares Outstanding	0.8	0.85	0.85	0.76	0.76	-0.7	-0.88	0.45	0.71	0.33	0.26	0.37	0.8	0.69		-0.7	0.92	0.84	-0.05	0.77	0.81	0.9	0.76	0.9	0.61	0.88
Non Current Liabilities Total	-0.89	-0.81	-0.8	-0.9	-0.9	0.78	0.84	-0.56	-0.76	-0.38	-0.35	-0.43	-0.89	-0.66	-0.7		-0.88	-0.91	0.69	-0.9	-0.89	-0.87	-0.87	-0.87	-0.81	-0.87
Other Current Assets	0.85	0.89	0.87	0.83	0.83	-0.72	-0.93	0.43	0.73	0.3	0.45	0.48	0.85	0.74	0.92	-0.88		0.9	-0.31	0.83	0.86	0.97	0.82	0.97	0.69	0.99
Other Stockholder Equity	0.98	0.73	0.74	0.98	0.98	-0.9	-0.76	0.64	0.92	0.37	0.3	0.4	1.0	0.49	0.84	-0.91	0.9		-0.54	0.98	1.0	0.84	0.99	0.84	0.82	0.89
Total Liab	-0.59	-0.22	-0.19	-0.65	-0.64	0.45	0.24	-0.33	-0.43	-0.41	-0.26	-0.41	-0.57	-0.16	-0.05	0.69	-0.31	-0.54		-0.63	-0.56	-0.3	-0.61	-0.3	-0.73	-0.32
Net Invested Capital	1.0	0.65	0.66	1.0	1.0	-0.86	-0.7	0.63	0.88	0.53	0.26	0.47	0.99	0.46	0.77	-0.9	0.83	0.98	-0.63		0.99	0.8	0.99	0.8	0.88	0.81
Total Current Assets	0.99	0.68	0.71	0.98	0.99	-0.91	-0.72	0.66	0.93	0.39	0.26	0.38	1.0	0.44	0.81	-0.89	0.86	1.0	-0.56	0.99		0.8	1.0	0.8	0.83	0.85
Capital Stock	0.82	0.9	0.86	0.8	0.8	-0.63	-0.94	0.42	0.64	0.45	0.39	0.53	0.79	0.84	0.9	-0.87	0.97	0.84	-0.3	0.8	0.8		0.75	1.0	0.66	0.93
Net Working Capital	0.99	0.63	0.66	0.99	0.99	-0.91	-0.67	0.66	0.93	0.4	0.25	0.38	1.0	0.38	0.76	-0.87	0.82	0.99	-0.61	0.99	1.0	0.75		0.75	0.85	0.81
Common Stock	0.82	0.9	0.86	0.8	0.8	-0.63	-0.94	0.42	0.64	0.45	0.39	0.53	0.79	0.84	0.9	-0.87	0.97	0.84	-0.3	0.8	0.8	1.0	0.75		0.66	0.93
Short Long Term Debt Total	0.86	0.6	0.57	0.88	0.87	-0.64	-0.65	0.29	0.62	0.53	0.47	0.66	0.83	0.51	0.61	-0.81	0.69	0.82	-0.73	0.88	0.83	0.66	0.85	0.66		0.66
Other Liab	0.82	0.86	0.84	0.8	0.81	-0.72	-0.9	0.4	0.74	0.18	0.52	0.45	0.84	0.68	0.88	-0.87	0.99	0.89	-0.32	0.81	0.85	0.93	0.81	0.93	0.66

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Spruce Biosciences Account Relationship Matchups

Spruce Biosciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7M	162.9M	126.5M	85.6M	103.9M	89.5M
Other Current Liab	1.2M	3.3M	5.7M	9.3M	14.3M	15.1M
Total Current Liabilities	4.3M	9.8M	8.9M	12.4M	24.5M	25.7M
Total Stockholder Equity	(30.6M)	149.4M	111.4M	68.5M	76.5M	65.5M
Net Tangible Assets	(30.6M)	149.4M	111.4M	68.5M	78.8M	61.8M
Net Debt	521K	(151.0M)	(36.6M)	(18.3M)	(91.7M)	(87.1M)
Retained Earnings	(31.3M)	(60.8M)	(103.1M)	(149.3M)	(197.2M)	(187.4M)
Accounts Payable	1.9M	3.6M	2.8M	1.4M	3.3M	2.8M
Cash	3.9M	157.2M	42.7M	24.5M	96.3M	60.3M
Non Current Assets Total	40K	2.5M	34.6M	2.0M	1.8M	1.7M
Non Currrent Assets Other	40K	477K	653K	55.2M	582K	552.9K
Other Assets	40K	2.5K	513K	640K	1.0	0.95
Cash And Short Term Investments	3.9M	157.2M	89.0M	79.1M	96.3M	78.8M
Common Stock Shares Outstanding	22.3M	23.3M	23.4M	23.5M	38.5M	24.9M
Liabilities And Stockholders Equity	4.7M	162.9M	126.5M	85.6M	103.9M	89.5M
Non Current Liabilities Total	31.0M	3.7M	6.2M	4.7M	3.0M	2.8M
Other Current Assets	513K	3.2M	2.9M	4.5M	5.8M	3.2M
Other Stockholder Equity	664K	373.1M	214.7M	218.4M	273.7M	198.2M
Total Liab	35.3M	13.5M	15.1M	17.2M	27.4M	17.5M
Net Invested Capital	(26.2M)	153.9M	116.2M	73.4M	79.8M	69.6M
Total Current Assets	4.7M	160.4M	91.9M	83.6M	102.2M	82.0M
Net Working Capital	349K	150.6M	83.0M	71.2M	77.7M	70.6M

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When determining whether Spruce Biosciences 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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spruce Biosciences Stock:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spruce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Spruce Stock refer to our How to Trade Spruce Stock guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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

(0.95)

Revenue Per Share

0.173

Quarterly Revenue Growth

(0.80)

Return On Assets

(0.30)

Return On Equity

(0.58)

The market value of Spruce Biosciences 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.

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Spruce Current Deferred Revenue vs Capex To Revenue Analysis

Current Deferred Revenue vs Capex To Revenue

Current Deferred Revenue vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Capex To Revenue

Spruce Biosciences fundamental ratios Correlations

Spruce Biosciences Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spruce Biosciences fundamental ratios Accounts

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MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Net Tangible Assets

Retained Earnings	- 0.99	Other Current Liab
Cash	- 0.98	Net Debt
Retained Earnings	- 0.96	Total Current Liabilities
Common Stock	- 0.94	Retained Earnings
Capital Stock	- 0.94	Retained Earnings
Other Current Assets	- 0.93	Retained Earnings