Mind Medicine (MindMed) Inc.

Mind Medicine (MindMed) Inc.verified

MNMD

Price:

$12.43

Market Cap:

$939.13M

Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders related to psychiatry, addiction, pain, and neurology. The company develops MM-120, which is in phase 2 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder, as well as for the treatment of chronic pain; and MM-110, an a3ß4 nicotinic cholinergic receptor antagonist that has completed phase 1 for the treatment of opioid withdrawal. It also develops MM-402, a R-enantiomer of 3,4-methylenedioxymethamphetamine for the treatment of core symptoms of autism spectrum disorder. The company is headquartered in Vancouver, Canada.

Industry

Biotechnology

IPO Date

2016-11-15

Stock Exchange

NASDAQ

Ticker

MNMD

The Current Ratio as of December 2025 (TTM) for Mind Medicine (MindMed) Inc. (MNMD) is 3.30

According to Mind Medicine (MindMed) Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.30. This represents a change of -42.12% compared to the average of 5.70 of the last 4 quarters.

Mind Medicine (MindMed) Inc. (MNMD) Historical Current Ratio (quarterly & annually)

How has MNMD Current Ratio performed in the past?

The mean historical Current Ratio of Mind Medicine (MindMed) Inc. over the last ten years is 14.65. The current 3.30 Current Ratio has changed 2.15% with respect to the historical average. Over the past ten years (40 quarters), MNMD's Current Ratio was at its highest in in the February 2017 quarter at 46.45. The Current Ratio was at its lowest in in the November 2018 quarter at 0.59.

Quarterly (TTM)
Annual

Average

14.65

Median

13.97

Minimum

1.80

Maximum

27.10

Mind Medicine (MindMed) Inc. (MNMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mind Medicine (MindMed) 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 = 1.12%

Maximum Annual Current Ratio = 27.10

Minimum Annual Increase = -92.75%

Minimum Annual Current Ratio = 1.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.25125.04%
20233.22-60.54%
20228.16-38.08%
202113.18-51.35%
202027.1083.59%
201914.76-38.84%
201824.149.58%
201722.031.12%
20161.80-92.75%

Mind Medicine (MindMed) Inc. (MNMD) Average Current Ratio

How has MNMD Current Ratio performed in the past?

The current Current Ratio of Mind Medicine (MindMed) Inc. (MNMD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.21

5-year avg

11.78

10-year avg

14.65

Mind Medicine (MindMed) Inc. (MNMD) Current Ratio vs. Peers

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

Mind Medicine (MindMed) Inc.’s Current Ratio is less than UroGen Pharma Ltd. (4.14), less than BridgeBio Oncology Therapeutics Inc. (13.33), less than Tango Therapeutics, Inc. (4.75), less than AnaptysBio, Inc. (8.68), less than Rezolute, Inc. (15.15), less than Xencor, Inc. (5.34), less than Nurix Therapeutics, Inc. (5.35), greater than Fortrea Holdings Inc. (1.00), greater than Kodiak Sciences Inc. (1.78), less than Savara Inc. (11.08),

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