Mydecine Innovations Group Inc.

Mydecine Innovations Group Inc.verified

MYCOF

Price:

$0.004

Market Cap:

$143.48K

Mydecine Innovations Group Inc., a biotech and life sciences company, engages in the development and commercialization of drugs for treating mental health problems. It develops therapies for veterans, emergency medical service providers, post-traumatic stress disorder, and front-line workers; and operates Mindleap, a digital telehealth platform that provides access to mental health services, as well as psychedelic integration services, including psychedelic aftercare and wellness services. The company also engages in the drug discovery and builds nature-sourced psychedelic-assisted therapeutics, compounds, therapy protocols, and unique delivery systems. In addition, it operates hemp farm in ...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

MYCOF

The Current Ratio as of September 2024 (TTM) for Mydecine Innovations Group Inc. (MYCOF) is 0.01

According to Mydecine Innovations Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -94.64% compared to the average of 0.19 of the last 4 quarters.

Mydecine Innovations Group Inc. (MYCOF) Historical Current Ratio (quarterly & annually)

How has MYCOF Current Ratio performed in the past?

The mean historical Current Ratio of Mydecine Innovations Group Inc. over the last ten years is 0.91. The current 0.01 Current Ratio has changed 12.05% with respect to the historical average. Over the past ten years (40 quarters), MYCOF's Current Ratio was at its highest in in the June 2020 quarter at 5.97. The Current Ratio was at its lowest in in the September 2017 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.91

Median

0.44

Minimum

0.02

Maximum

2.90

Mydecine Innovations Group Inc. (MYCOF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mydecine Innovations Group 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 = 984.83%

Maximum Annual Current Ratio = 2.90

Minimum Annual Increase = -98.36%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-98.36%
20221.07-39.58%
20211.77312.00%
20200.43-85.18%
20192.90984.83%
20180.27-85.27%
20171.82299.38%
20160.45714.09%
20150.06-79.87%
20140.28104.18%

Mydecine Innovations Group Inc. (MYCOF) Average Current Ratio

How has MYCOF Current Ratio performed in the past?

The current Current Ratio of Mydecine Innovations Group Inc. (MYCOF) 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

0.95

5-year avg

1.24

10-year avg

0.91

Mydecine Innovations Group Inc. (MYCOF) Current Ratio vs. Peers

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

Mydecine Innovations Group Inc.’s Current Ratio is less than Green Cures & Botanical Distribution Inc. (0.99), less than Cann American Corp. (0.02), greater than Rimrock Gold Corp. (0), less than Galexxy Holdings, Inc. (0.49), less than Indoor Harvest Corp (0.03), less than CBD Global Sciences Inc. (0.16), less than MGC Pharmaceuticals Limited (1.05), less than Target Group Inc. (0.21), less than Aequus Pharmaceuticals Inc. (0.07), less than Filament Health Corp. (1.42), less than Aleafia Health Inc. (1.15), greater than Pharmagreen Biotech Inc. (0.00), less than Endexx Corporation (0.02), less than Green Growth Brands Inc. (0.29), less than HempAmericana, Inc (0), greater than Radient Technologies Inc. (0), greater than Nextleaf Solutions Ltd. (0), less than Abattis Bioceuticals Corp. (1.43), less than null (0.73),

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