Cybin Inc.

Cybin Inc.verified

CYBN.NE

Price:

$11.63

Market Cap:

$8.84B

Cybin Inc., a biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine for treating anxiety disorders; and CYB005, a phenethylamine derivative to treat neuroinflammation. It has also developed EMBARK, a psychedelic-assisted psychotherapy. The company is headquartered in Toronto, Canada.[Read more]

Industry

Biotechnology

IPO Date

2020-11-10

Stock Exchange

NEO

Ticker

CYBN.NE

The Current Ratio as of September 2024 (TTM) for Cybin Inc. (CYBN.NE) is 41.70

According to Cybin Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 41.70. This represents a change of 116.76% compared to the average of 19.24 of the last 4 quarters.

Cybin Inc. (CYBN.NE) Historical Current Ratio (quarterly & annually)

How has CYBN.NE Current Ratio performed in the past?

The mean historical Current Ratio of Cybin Inc. over the last ten years is 13.17. The current 41.70 Current Ratio has changed 31.56% with respect to the historical average. Over the past ten years (40 quarters), CYBN.NE's Current Ratio was at its highest in in the June 2024 quarter at 41.70. The Current Ratio was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

13.17

Median

9.90

Minimum

2.88

Maximum

27.38

Cybin Inc. (CYBN.NE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cybin 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 = 850.16%

Maximum Annual Current Ratio = 27.38

Minimum Annual Increase = -73.26%

Minimum Annual Current Ratio = 2.88

Quarterly (TTM)
Annual
YearCurrent RatioChange
202421.65428.70%
20234.09-69.83%
202213.57117.59%
20216.240%
20206.24-73.26%
201923.32-14.83%
201827.38850.16%

Cybin Inc. (CYBN.NE) Average Current Ratio

How has CYBN.NE Current Ratio performed in the past?

The current Current Ratio of Cybin Inc. (CYBN.NE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

13.10

5-year avg

10.36

10-year avg

13.17

Cybin Inc. (CYBN.NE) Current Ratio vs. Peers

How is CYBN.NE’s Current Ratio compared to its peers?

Cybin Inc.’s Current Ratio is greater than Red Light Holland Corp. (5.10), greater than Mind Medicine (MindMed) Inc. (3.91), greater than Revive Therapeutics Ltd. (0.40), greater than HAVN Life Sciences Inc. (0), greater than Numinus Wellness Inc. (1.40),

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