Bright Minds Biosciences Inc.

Bright Minds Biosciences Inc.verified

DRUG

Price:

$60.95

Market Cap:

$661.28M

Bright Minds Biosciences Inc. is a preclinical biotechnology firm dedicated to creating serotonin-based therapies. Its primary goal is to enhance the well-being of individuals suffering from severe and life-altering conditions. The company's development pipeline includes selective agonists for the 5-HT2C, 5-HT2A, and combined 5-HT2C/A serotonin receptors, which are being explored for potential treatments in epilepsy, pain management, and neuropsychiatric disorders. Bright Minds maintains strategic collaborations with the National Institutes of Health (NIH) for epilepsy research, the University of Texas Medical Branch (UTMB) for impulse control disorders like binge eating, and the Medical Col...[Read more]

Industry

Biotechnology

IPO Date

2021-03-22

Stock Exchange

NASDAQ

Ticker

DRUG

The Current Ratio as of June 2026 (TTM) for Bright Minds Biosciences Inc. (DRUG) is 81.48

According to Bright Minds Biosciences Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 81.48. This represents a change of 24.63% compared to the average of 65.38 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 17.02. The current 81.48 Current Ratio has changed 47.76% 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

17.02

Median

11.32

Minimum

2.18

Maximum

36.10

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 = 36.10

Minimum Annual Increase = -74.14%

Minimum Annual Current Ratio = 2.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
202536.10218.80%
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

23.89

5-year avg

22.24

10-year avg

17.02

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 (35.68), greater than Design Therapeutics, Inc. (22.28), greater than Aura Biosciences, Inc. (7.09), greater than enGene Holdings Inc. (11.75), greater than DiaMedica Therapeutics Inc. (9.11), greater than I-Mab (8.09), greater than Altimmune, Inc. (29.56), greater than Annexon, Inc. (6.35), greater than Galectin Therapeutics Inc. (2.15), greater than Korro Bio, Inc. (8.13),

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