Clearmind Medicine Inc.

Clearmind Medicine Inc.verified

CMND

Price:

$1.33

Market Cap:

$5.39M

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 November 2024 (TTM) for Clearmind Medicine Inc. (CMND) is 1.71

According to Clearmind Medicine Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -0.92% compared to the average of 1.73 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 1.71 Current Ratio has changed 2.18% 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. (0.40), less than Magenta Therapeutics, Inc. (14.64), less than Quoin Pharmaceuticals, Ltd. (3.02), less than Cardio Diagnostics Holdings, Inc. (8.51), greater than Windtree Therapeutics, Inc. (0.23), greater than NovaBay Pharmaceuticals, Inc. (1.15), greater than Baudax Bio, Inc. (0.07), greater than Revelation Biosciences, Inc. (1.64), greater than Blue Water Vaccines, Inc. (0.54), greater than PaxMedica, Inc. Common Stock (0.38), less than Unicycive Therapeutics, Inc. (3.61), less than Virax Biolabs Group Limited (25.94), less than Immix Biopharma, Inc. (3.47), less than CNS Pharmaceuticals, Inc. (1.82), greater than eFFECTOR Therapeutics, Inc. (1.03), greater than Navidea Biopharmaceuticals, Inc. (0.56), greater than Sonnet BioTherapeutics Holdings, Inc. (1.65),

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