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
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.
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.
Average
17.02
Median
11.32
Minimum
2.18
Maximum
36.10
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 36.10 | 218.80% |
| 2024 | 11.32 | -53.32% |
| 2023 | 24.26 | 198.94% |
| 2022 | 8.11 | -74.14% |
| 2021 | 31.38 | 439.27% |
| 2020 | 5.82 | 167.03% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 35.68 | $814.99M | |
| 22.28 | $685.15M | |
| 7.09 | $411.52M | |
| 11.75 | $82.94M | |
| 9.11 | $304.44M | |
| 8.09 | $542.01M | |
| 29.56 | $230.35M | |
| 6.35 | $563.29M | |
| 2.15 | $175.84M | |
| 8.13 | $115.56M |
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