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Spruce BiosciencesSPRB -1.25%40 Current Ratio is 4.67 as of Mar. 2026, which is 14% below its 10-year median of 5.41. GuruFocus rates SPRB with a GF Score™ of 40/100 and a GF Value™ of $4.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,411 Biotechnology companies, Spruce Biosciences ranks better than 55.28% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Spruce Biosciences's current ratio for the quarter that ended in Mar. 2026 was 4.67.
Spruce Biosciences has a current ratio of 4.67. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Spruce Biosciences's Current Ratio or its related term are showing as below:
SPRB'
s Current Ratio Range Over the Past 10 Years
Min: 1.08 Med: 5.41 Max: 22.13
Current: 4.67
During the past 8 years, Spruce Biosciences's highest Current Ratio was 22.13. The lowest was 1.08. And the median was 5.41.
SPRB's Current Ratio is ranked better than 55.28% of 1411
companies
in the Biotechnology industry
Industry Median: 3.85
vs SPRB: 4.67
Spruce Biosciences (NAS:SPRB) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Spruce Biosciences Current Ratio Related Terms
Spruce Biosciences Current Ratio Historical Data
* Premium members only.
The historical data trend for Spruce Biosciences's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SPRB vs VXRT, VTVT, ENGN: Current Ratio Comparison
For the Biotechnology subindustry, Spruce Biosciences's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spruce Biosciences Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Spruce Biosciences's Current Ratio distribution charts can be found below:
* The bar in red indicates where Spruce Biosciences's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spruce Biosciences (SPRB) has a Current Ratio of 4.67 as of Mar. 2026. This is 14% below median its historical median of 5.41. Over the past decade, Spruce Biosciences' Current Ratio has ranged from 1.08 to 22.13. According to the industry distribution chart, Spruce Biosciences ranks #631 out of 1411 companies in the Biotechnology industry, placing it in the top 44.7%.
Is Spruce Biosciences' Current Ratio too high?
Spruce Biosciences' current Current Ratio of 4.67 is 14% below median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 22.13. The Biotechnology industry median Current Ratio is 3.85. Spruce Biosciences' value of 4.67 is 21.3% above this industry median. Based on the distribution chart, Spruce Biosciences ranks #631 out of 1411 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Spruce Biosciences has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spruce Biosciences' Current Ratio compare to VXRT and VTVT?
According to the Biotechnology industry distribution chart, Spruce Biosciences ranks #631 out of 1411 companies for Current Ratio. This puts Spruce Biosciences in the upper half of its industry. The industry median Current Ratio is 3.85. Spruce Biosciences' value of 4.67 is 21.3% above this benchmark. Historically, Spruce Biosciences' own Current Ratio has ranged from 1.08 to 22.13 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 3.85, Spruce Biosciences has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.85, based on 1,411 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spruce Biosciences's current Current Ratio of 4.67 is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Current Ratio is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Biosciences's current Current Ratio is 4.67, which is 14% below median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spruce Biosciences stock overvalued right now?
Based on GuruFocus' analysis, Spruce Biosciences (SPRB) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.08, compared to a current price of $42.83 — trading 949.8% above its estimated fair value. The current Current Ratio is 4.67, which is 14% below median its 10-year median of 5.41 and 21.3% above the Biotechnology industry median of 3.85. Spruce Biosciences' overall GF Score™ is 40/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Spruce Biosciences (SPRB), the current Current Ratio is 4.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spruce Biosciences (SPRB) Overvalued in 2026?
Based on GuruFocus' analysis, Spruce Biosciences stock appears to be overvalued.
The current stock price of $42.83 is trading 949.8% above its estimated GF Value™ of $4.08.
GuruFocus considers Spruce Biosciences to be Significantly Overvalued.
Key valuation signals for SPRB:
Current Ratio: 4.67 (14% below median its 10-year median of 5.41)
GF Value™: $4.08 vs. price of $42.83 (949.8% above fair value)
Industry Position: 21.3% above the Biotechnology median (#631 of 1411)
No single metric tells the full story. See the SPRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spruce Biosciences Inc is a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for rare endocrine disorders with unmet medical needs. The company develops biologics and small-molecule product candidates aimed at addressing diseases with unmet medical needs and limited or no approved therapies. Its product candidate, TA-ERT for the treatment of Mucopolysaccharidosis Type IIIB (MPS IIIB), is a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase (rhNAGLU) intended as an enzyme replacement therapy for patients who lack rhNAGLU enzyme activity. TA-ERT is designed to restore rhNAGLU enzyme activity in the central nervous system following intracerebroventricular injection and promote clearance of heparan sulfate in the brain.
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