MNMD
Price:
$7.63
Market Cap:
$559.52M
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.[Read more]
Industry
Biotechnology
IPO Date
2016-11-15
Stock Exchange
NASDAQ
Ticker
MNMD
According to Mind Medicine (MindMed) Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.00. This represents a change of 63.22% compared to the average of 5.51 of the last 4 quarters.
The mean historical Current Ratio of Mind Medicine (MindMed) Inc. over the last ten years is 15.48. The current 9.00 Current Ratio has changed 5.71% 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.
Average
15.48
Median
14.76
Minimum
1.80
Maximum
27.10
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
Year | Current Ratio | Change |
---|---|---|
2023 | 3.22 | -60.54% |
2022 | 8.16 | -38.08% |
2021 | 13.18 | -51.35% |
2020 | 27.10 | 83.59% |
2019 | 14.76 | -38.84% |
2018 | 24.14 | 9.58% |
2017 | 22.03 | 1.12% |
2016 | 1.80 | -92.75% |
The current Current Ratio of Mind Medicine (MindMed) Inc. (MNMD) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.19
5-year avg
13.29
10-year avg
15.48
Mind Medicine (MindMed) Inc.’s Current Ratio is less than Cybin Inc. (24.24), greater than Seelos Therapeutics, Inc. (0.08), less than GH Research PLC (15.83), greater than Awakn Life Sciences Corp. (0.51), greater than Atai Life Sciences N.V. (5.81), greater than Freeline Therapeutics Holdings plc (1.95), greater than Bio-Path Holdings, Inc. (0.86), greater than Vaccinex, Inc. (0.77), less than Eliem Therapeutics, Inc. (0), greater than Opthea Limited (2.94), less than Molecular Partners AG (14.33), less than Edgewise Therapeutics, Inc. (26.35), less than iTeos Therapeutics, Inc. (14.80), greater than Checkpoint Therapeutics, Inc. (0.29), greater than Mustang Bio, Inc. (0.40), greater than Reviva Pharmaceuticals Holdings, Inc. (0.39), greater than Fortress Biotech, Inc. (1.23), greater than Kodiak Sciences Inc. (8.42),
Company | Current Ratio | Market cap |
---|---|---|
24.24 | $181.13M | |
0.08 | $214.97K | |
15.83 | $379.81M | |
0.51 | $2.71M | |
5.81 | $209.75M | |
1.95 | $28.28M | |
0.86 | $5.81M | |
0.77 | $2.94M | |
0 | $342.68M | |
2.94 | $4.64B | |
14.33 | $195.74M | |
26.35 | $2.81B | |
14.80 | $270.53M | |
0.29 | $169.43M | |
0.40 | $8.58M | |
0.39 | $86.64M | |
1.23 | $48.15M | |
8.42 | $573.60M |
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