Spruce Operating Income from 2010 to 2025
| SPRB Stock | USD 0.39 0.01 2.50% |
Operating Income | First Reported 2019-09-30 | Previous Quarter -10 M | Current Value -9.4 M | Quarterly Volatility 3.2 M |
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 4.6 M, Depreciation And Amortization of 76.5 K or Interest Expense of 299.9 K, as well as many indicators such as Price To Sales Ratio of 8.94, Dividend Yield of 0.0 or PTB Ratio of 1.39. Spruce financial statements analysis is a perfect complement when working with Spruce Biosciences Valuation or Volatility modules.
Spruce | Operating Income |
Latest Spruce Biosciences' Operating Income Growth Pattern
Below is the plot of the Operating Income of Spruce Biosciences over the last few years. Operating Income is the amount of profit realized from Spruce Biosciences operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Spruce Biosciences is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Spruce Biosciences' Operating 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.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Spruce Operating Income Regression Statistics
| Arithmetic Mean | (23,096,255) | |
| Geometric Mean | 17,658,529 | |
| Coefficient Of Variation | (76.72) | |
| Mean Deviation | 16,013,444 | |
| Median | (9,972,000) | |
| Standard Deviation | 17,718,750 | |
| Sample Variance | 314T | |
| Range | 42M | |
| R-Value | (0.87) | |
| Mean Square Error | 83.2T | |
| R-Squared | 0.75 | |
| Significance | 0.000013 | |
| Slope | (3,228,553) | |
| Total Sum of Squares | 4709.3T |
Spruce Operating Income History
Other Fundumenentals of Spruce Biosciences
Spruce Biosciences Operating Income component correlations
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About Spruce Biosciences Financial Statements
Spruce Biosciences stakeholders use historical fundamental indicators, such as Spruce Biosciences' Operating 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. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | -46.8 M | -49.1 M | |
| Non Operating Income Net Other | 1.8 M | 947.6 K |
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Check out the analysis of Spruce Biosciences Correlation against competitors. For information on how to trade Spruce Stock refer to our How to Trade Spruce Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 | Quarterly Revenue Growth (0.80) | Return On Assets | Return On Equity |
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.