Bright Minds Biosciences Inc.

Bright Minds Biosciences Inc.verified

DRUG

Price:

$72.5

Market Cap:

$708.50M

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.

Industry

Biotechnology

IPO Date

2021-03-22

Stock Exchange

NASDAQ

Ticker

DRUG

The Current Ratio as of December 2025 (TTM) for Bright Minds Biosciences Inc. (DRUG) is 86.56

According to Bright Minds Biosciences Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 86.56. This represents a change of 10.87% compared to the average of 78.08 of the last 4 quarters.

Bright Minds Biosciences Inc. (DRUG) Historical Current Ratio (quarterly & annually)

How has DRUG Current Ratio performed in the past?

The mean historical Current Ratio of Bright Minds Biosciences Inc. over the last ten years is 13.85. The current 86.56 Current Ratio has changed 62.42% with respect to the historical average. Over the past ten years (40 quarters), DRUG's Current Ratio was at its highest in in the December 2024 quarter at 126.15. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

13.85

Median

9.72

Minimum

2.18

Maximum

31.38

Bright Minds Biosciences Inc. (DRUG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Bright Minds Biosciences Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 439.27%

Maximum Annual Current Ratio = 31.38

Minimum Annual Increase = -74.14%

Minimum Annual Current Ratio = 2.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
202411.32-53.32%
202324.26198.94%
20228.11-74.14%
202131.38439.27%
20205.82167.03%

Bright Minds Biosciences Inc. (DRUG) Average Current Ratio

How has DRUG Current Ratio performed in the past?

The current Current Ratio of Bright Minds Biosciences Inc. (DRUG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

14.57

5-year avg

16.18

10-year avg

13.85

Bright Minds Biosciences Inc. (DRUG) Current Ratio vs. Peers

How is DRUG’s Current Ratio compared to its peers?

Bright Minds Biosciences Inc.’s Current Ratio is greater than LB Pharmaceuticals Inc Common Stock (3.56), greater than Design Therapeutics, Inc. (25.13), greater than Aura Biosciences, Inc. (12.39), greater than enGene Holdings Inc. (10.34), greater than DiaMedica Therapeutics Inc. (7.55), greater than I-Mab (22.82), greater than Altimmune, Inc. (17.18), greater than Annexon, Inc. (5.67), greater than Galectin Therapeutics Inc. (0.09), greater than Korro Bio, Inc. (5.98),

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