Mydecine Innovations Group Inc.

Mydecine Innovations Group Inc.verified

MYCOF

Price:

$0.005

Market Cap:

$6.33M

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 December 2024 (TTM) for Mydecine Innovations Group Inc. (MYCOF) is 1.07

According to Mydecine Innovations Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.07. This represents a change of 12.60% compared to the average of 0.95 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 0.92. The current 1.07 Current Ratio has changed 11.56% 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 November 2013 quarter at 0.

Quarterly (TTM)
Annual

Average

0.92

Median

0.44

Minimum

0.06

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 = -85.27%

Minimum Annual Current Ratio = 0.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
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 greater than its 10-year historical averages

3-year avg

1.09

5-year avg

1.29

10-year avg

0.92

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 greater than Green Cures & Botanical Distribution Inc. (0.99), greater than Cann American Corp. (0.02), greater than Rimrock Gold Corp. (0), greater than Galexxy Holdings, Inc. (0.27), greater than Indoor Harvest Corp (0.03), greater than CBD Global Sciences Inc. (0.16), greater than MGC Pharmaceuticals Limited (0.76), greater than Target Group Inc. (0.19), greater than Aequus Pharmaceuticals Inc. (0.05), greater than Filament Health Corp. (0.98), greater than Aleafia Health Inc. (1.01), greater than Pharmagreen Biotech Inc. (0.00), greater than Endexx Corporation (0.02), greater than Green Growth Brands Inc. (0.29), less than HempAmericana, Inc (0), greater than Radient Technologies Inc. (0), less than Nextleaf Solutions Ltd. (0), less than Abattis Bioceuticals Corp. (1.43), greater than null (0.73),

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