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
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.
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.
Average
13.85
Median
9.72
Minimum
2.18
Maximum
31.38
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
| Year | Current Ratio | Change |
|---|---|---|
| 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
14.57
5-year avg
16.18
10-year avg
13.85
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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.56 | $487.01M | |
| 25.13 | $559.35M | |
| 12.39 | $409.59M | |
| 10.34 | $420.82M | |
| 7.55 | $449.43M | |
| 22.82 | $315.03M | |
| 17.18 | $468.65M | |
| 5.67 | $536.98M | |
| 0.09 | $405.63M | |
| 5.98 | $63.86M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Bright Minds Biosciences Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Bright Minds Biosciences Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Bright Minds Biosciences Inc.'s Current Ratio?
How is the Current Ratio calculated for Bright Minds Biosciences Inc. (DRUG)?
What is the highest Current Ratio for Bright Minds Biosciences Inc. (DRUG)?
What is the 3-year average Current Ratio for Bright Minds Biosciences Inc. (DRUG)?
What is the 5-year average Current Ratio for Bright Minds Biosciences Inc. (DRUG)?
How does the current Current Ratio for Bright Minds Biosciences Inc. (DRUG) compare to its historical average?