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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Spruce Biosciences, Inc. quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
- Spruce Biosciences, Inc. Return On Assets for the quarter ending September 30, 2024 was -47.5 %, a 12.1% decline year-over-year.
- Spruce Biosciences, Inc. annual Return On Assets for 2023 was -39.8 %, a 13.8% increase from 2022.
- Spruce Biosciences, Inc. annual Return On Assets for 2022 was -46.1 %, a 52.4% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)