Spruce Biosciences (SPRB) Asset Utilization Ratio (2023 - 2025)
Spruce Biosciences (SPRB) has disclosed Asset Utilization Ratio for 3 consecutive years, with 0.04 as the latest value for Q3 2025.
- Quarterly Asset Utilization Ratio fell 62.83% to 0.04 in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 0.04 through Sep 2025, down 62.83% year-over-year, with the annual reading at 0.07 for FY2024, 38.19% down from the prior year.
- Asset Utilization Ratio for Q3 2025 was 0.04 at Spruce Biosciences, down from 0.05 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.12 in Q2 2024, with the low at 0.02 in Q1 2023.
- Average Asset Utilization Ratio over 3 years is 0.07, with a median of 0.08 recorded in 2025.
- The sharpest move saw Asset Utilization Ratio soared 494.99% in 2024, then plummeted 62.83% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 0.09 in 2023, then dropped by 4.97% to 0.09 in 2024, then plummeted by 57.73% to 0.04 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods came in at 0.04, 0.05, and 0.08 for Q3 2025, Q2 2025, and Q1 2025 respectively.