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Spectrum Pharmaceuticals SPPI
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Quarterly report 2023-Q1
added 05-16-2026

Spectrum Pharmaceuticals Balance Sheet 2022-2008 | SPPI

Brief overview of Spectrum Pharmaceuticals's balance sheet structure

The review uses the five latest available annual reports between 2018 and 2022.

Across five reporting periods, assets decreased -73.6%, from $390.9 million to $103.3 million, producing a negative trend.

Funding shifted toward liabilities: they gained -36.8%, compared with -73.6% for assets.

Equity represents 27% of assets versus 69.4% initially. The capital structure appears balanced.

The balance sheet holds more cash than interest-bearing debt; net debt is -$10.9 million, indicating minimal leverage.

Cash equals 39.1% of the balance sheet, compared with 40.3% five periods ago. This is the readily available cushion.

The accumulated result is -$1.1 billion and remains below zero. The number alone does not explain whether losses, dividends or repurchases were the main cause.

What the balance sheet shows

Spectrum Pharmaceuticals's balance sheet profile is moderate. It should be considered alongside profitability, cash flow and liability maturities.

Annual Balance Sheet Spectrum Pharmaceuticals

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

-10.9 M -85.8 M -43.6 M -60.4 M -157 M -189 M -61.2 M -38.2 M -33.6 M -64.8 M -64.7 M -121 M - - -

Long Term Debt

28.7 M 1.45 M 883 K 2.37 M - - 97 M 102 M 96.3 M 91.5 M 75 M - - - -

Long Term Debt Current

761 K 1.28 M 1.54 M 1.68 M - - - - - - - - - - -

Total Non Current Liabilities

- - 9.41 M 11.1 M 21.2 M 26.4 M 127 M 132 M 126 M 128 M 93 M 14.3 M - - -

Total Current Liabilities

42.7 M 53.2 M 53.1 M 62 M 98.3 M 110 M 65.5 M 76.3 M 109 M 90 M 123 M 78.5 M 63.3 M - -

Total Liabilities

75.4 M 64 M 62.6 M 73 M 119 M 136 M 193 M 206 M 235 M 218 M 216 M 92.9 M 89.2 M - -

Deferred Revenue

3.08 M - - - 4.85 M 3.87 M 3.19 M 6.13 M 9.96 M 156 K 12.3 M 12.3 M 12.3 M - -

Retained Earnings

-1.12 B -1.04 B -885 M -724 M -612 M -502 M -411 M -334 M -283 M -238 M -175 M -262 M -310 M - -

Total Assets

103 M 112 M 197 M 263 M 391 M 487 M 429 M 419 M 490 M 499 M 505 M 281 M 164 M - -

Cash and Cash Equivalents

40.4 M 88.5 M 46 M 64.4 M 157 M 227 M 158 M 140 M 130 M 156 M 140 M 121 M 53.6 M 82.3 M 9.86 M

Book Value

27.9 M 47.6 M 134 M 190 M 271 M 351 M 236 M 213 M 255 M 282 M 289 M 188 M 74.5 M - -

Total Shareholders Equity

27.9 M 47.6 M 134 M 190 M 271 M 351 M 236 M 213 M 255 M 282 M 289 M 188 M 74.5 M 108 M 53.1 M

All numbers in USD currency

Quarterly Balance Sheet Spectrum Pharmaceuticals

2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

28.8 M 1.06 M 28.5 M 1.14 M 1.3 M 1.45 M 1.59 M 244 K 567 K 883 K 1.21 M 1.56 M 1.98 M 2.37 M 3.43 M 3.43 M 3.11 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

80.9 M 75.4 M 83.1 M 46 M 44.8 M 64 M 68.3 M 66.5 M 56.6 M 62.6 M 69.6 M 63.7 M 62.2 M 73 M 59.1 M 67.9 M 80.1 M 119 M 126 M 120 M 120 M 136 M 197 M 196 M 186 M 193 M 199 M 193 M 193 M 206 M 233 M 220 M 238 M 235 M 253 M 209 M 209 M 218 M 151 M 183 M 202 M 216 M 230 M 125 M 94.4 M 92.9 M 92 M 109 M 92.9 M

Deferred Revenue

8.11 M 3.08 M - - - - - - - - - - - - 1.36 M 7.24 M 4.85 M - 4.85 M 4.85 M - 3.87 M 2.78 M 2.55 M 2.92 M 3.19 M 4.46 M 3.46 M 1.31 M 6.13 M 9.99 M 7.09 M 17 M 9.96 M 1.09 M 33 K 458 K 156 K 1.07 M 2 M 3 M 12.3 M 12.3 M 12.3 M 12.3 M 12.3 M 12.3 M 12.3 M 12.3 M

Retained Earnings

-1.12 B -1.12 B -1.11 B -1.09 B -1.06 B -1.04 B -1 B -971 M -921 M -885 M -846 M -797 M -765 M -724 M -673 M -647 M -619 M -612 M -551 M -482 M -496 M -502 M -465 M -446 M -426 M -411 M -385 M -368 M -343 M -334 M -330 M -311 M -309 M -283 M -280 M -269 M -265 M -238 M -198 M -192 M -182 M -175 M -188 M -197 M -215 M -262 M -270 M -290 M -262 M

Total Assets

108 M 103 M 119 M 79.4 M 100 M 112 M 148 M 175 M 179 M 197 M 238 M 194 M 216 M 263 M 294 M 323 M 353 M 391 M 413 M 465 M 444 M 487 M 502 M 395 M 404 M 429 M 449 M 429 M 401 M 419 M 448 M 454 M 469 M 490 M 510 M 475 M 475 M 499 M 454 M 461 M 486 M 505 M 510 M 388 M 334 M 281 M 266 M 223 M 281 M

Cash and Cash Equivalents

52.4 M 40.4 M 56.3 M 25.5 M 78.7 M 88.5 M 107 M 115 M 69.5 M 46 M 77.1 M 85.1 M 70.4 M 64.4 M 125 M 118 M 273 M 157 M 167 M 174 M 184 M 227 M 247 M 138 M 137 M 158 M 172 M 156 M 132 M 140 M 137 M 142 M 123 M 130 M 144 M 132 M 118 M 156 M 72 M 121 M 160 M 140 M 143 M 190 M 149 M 121 M 110 M 67 M 121 M

Book Value

26.8 M 27.9 M 35.9 M 33.4 M 55.3 M 47.6 M 79.5 M 109 M 122 M 134 M 168 M 131 M 154 M 190 M 235 M 255 M 273 M 271 M 287 M 344 M 324 M 351 M 305 M 199 M 217 M 236 M 251 M 236 M 208 M 213 M 215 M 234 M 230 M 255 M 257 M 266 M 266 M 282 M 302 M 278 M 284 M 289 M 280 M 263 M 239 M 188 M 174 M 114 M 188 M

Total Shareholders Equity

26.8 M 27.9 M 35.9 M 33.4 M 55.3 M 47.6 M 79.5 M 109 M 122 M 134 M 168 M 131 M 154 M 190 M 235 M 255 M 273 M 271 M 287 M 344 M 324 M 351 M 305 M 199 M 217 M 236 M 251 M 236 M 208 M 213 M 215 M 234 M 230 M 255 M 257 M 266 M 266 M 282 M 302 M 278 M 284 M 289 M 280 M 263 M 239 M 188 M 174 M 114 M 188 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Spectrum Pharmaceuticals, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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