Clearmind Medicine Inc.

Clearmind Medicine Inc.verified

CMND

Price:

$1.32

Market Cap:

$5.35M

Clearmind Medicine Inc., a pre-clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems. It develops treatments for alcohol use disorders, including binge drinking and eating disorders, as well as depression, binge eating, psychotherapy, mental health issues, and other binge behaviors. The company was formerly known as Cyntar Ventures Inc. and changed its name to Clearmind Medicine Inc. in March 2021. Clearmind Medicine Inc. was incorporated in 2017 and is based in Vancouver, Canada.[Read more]

Industry

Biotechnology

IPO Date

2022-11-15

Stock Exchange

NASDAQ

Ticker

CMND

The Current Ratio as of September 2024 (TTM) for Clearmind Medicine Inc. (CMND) is 2.07

According to Clearmind Medicine Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.07. This represents a change of 5.89% compared to the average of 1.95 of the last 4 quarters.

Clearmind Medicine Inc. (CMND) Historical Current Ratio (quarterly & annually)

How has CMND Current Ratio performed in the past?

The mean historical Current Ratio of Clearmind Medicine Inc. over the last ten years is 7.51. The current 2.07 Current Ratio has changed 2.65% with respect to the historical average. Over the past ten years (40 quarters), CMND's Current Ratio was at its highest in in the April 2021 quarter at 62.59. The Current Ratio was at its lowest in in the October 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

7.51

Median

1.68

Minimum

0.08

Maximum

24.92

Clearmind Medicine Inc. (CMND) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Clearmind Medicine 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 = 29.23%

Maximum Annual Current Ratio = 24.92

Minimum Annual Increase = -99.21%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.17418.32%
20220.22-98.37%
202113.78-44.71%
202024.9229.23%
20190.08-99.21%
201810.75538.78%

Clearmind Medicine Inc. (CMND) Average Current Ratio

How has CMND Current Ratio performed in the past?

The current Current Ratio of Clearmind Medicine Inc. (CMND) 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

5.06

5-year avg

8.03

10-year avg

7.51

Clearmind Medicine Inc. (CMND) Current Ratio vs. Peers

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

Clearmind Medicine Inc.’s Current Ratio is less than Hillstream BioPharma, Inc. (2.25), greater than Coeptis Therapeutics, Inc. (0.55), less than Magenta Therapeutics, Inc. (14.64), less than Quoin Pharmaceuticals, Ltd. (3.35), less than Cardio Diagnostics Holdings, Inc. (5.69), greater than Windtree Therapeutics, Inc. (0.23), greater than NovaBay Pharmaceuticals, Inc. (0.62), greater than Baudax Bio, Inc. (0.07), greater than Revelation Biosciences, Inc. (1.10), greater than Blue Water Vaccines, Inc. (0.54), less than PaxMedica, Inc. Common Stock (2.40), less than Unicycive Therapeutics, Inc. (3.37), less than Virax Biolabs Group Limited (25.94), less than Immix Biopharma, Inc. (7.00), greater than CNS Pharmaceuticals, Inc. (0.31), greater than eFFECTOR Therapeutics, Inc. (1.03), greater than Navidea Biopharmaceuticals, Inc. (0.56), greater than Sonnet BioTherapeutics Holdings, Inc. (1.65),

Build a custom stock screener for Clearmind Medicine Inc. (CMND) and other stocks

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 Clearmind Medicine 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:

Custom stock screener in Wisesheets

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.

Clearmind Medicine Inc. (CMND) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Clearmind Medicine 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Clearmind Medicine Inc.'s Current Ratio?

How is the Current Ratio calculated for Clearmind Medicine Inc. (CMND)?

What is the highest Current Ratio for Clearmind Medicine Inc. (CMND)?

What is the 3-year average Current Ratio for Clearmind Medicine Inc. (CMND)?

What is the 5-year average Current Ratio for Clearmind Medicine Inc. (CMND)?

How does the current Current Ratio for Clearmind Medicine Inc. (CMND) compare to its historical average?