Nova Mentis Life Science Corp.

Nova Mentis Life Science Corp.verified

NMLSF

Price:

$0.01786

Market Cap:

$148.32K

Nova Mentis Life Science Corp., through its subsidiaries, engages in developing diagnostics and psilocybin based therapeutics for neuroinflammatory conditions with a focus on autism spectrum disorder and fragile X syndrome in Canada. It is also involved in the research and development of anti-inflammatory effects of psilocybin for metabolic indications, such as obesity and diabetes; and development of cannabis products. Nova Mentis Life Science Corp. has a research agreement with the University of Central Florida (UCF) to develop a saliva serotonin assay. The company was formerly known as Liberty Leaf Holdings Ltd. and changed its name to Nova Mentis Life Science Corp. in June 2020. Nova Men...[Read more]

Industry

Biotechnology

IPO Date

2008-06-27

Stock Exchange

PNK

Ticker

NMLSF

The Current Ratio as of December 2024 (TTM) for Nova Mentis Life Science Corp. (NMLSF) is 0.02

According to Nova Mentis Life Science Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -54.30% compared to the average of 0.03 of the last 4 quarters.

Nova Mentis Life Science Corp. (NMLSF) Historical Current Ratio (quarterly & annually)

How has NMLSF Current Ratio performed in the past?

The mean historical Current Ratio of Nova Mentis Life Science Corp. over the last ten years is 4.11. The current 0.02 Current Ratio has changed -63.37% with respect to the historical average. Over the past ten years (40 quarters), NMLSF's Current Ratio was at its highest in in the March 2018 quarter at 17.53. The Current Ratio was at its lowest in in the June 2024 quarter at 0.02.

Quarterly (TTM)
Annual

Average

4.11

Median

2.29

Minimum

0.02

Maximum

9.53

Nova Mentis Life Science Corp. (NMLSF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nova Mentis Life Science Corp. 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 = 8.66%

Maximum Annual Current Ratio = 9.53

Minimum Annual Increase = -97.89%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-97.89%
20221.1142.39%
20210.78-90.19%
20207.92192.27%
20192.71-61.19%
20186.98-19.93%
20178.72-8.54%
20169.53410.67%
20151.8729.79%
20141.448.66%

Nova Mentis Life Science Corp. (NMLSF) Average Current Ratio

How has NMLSF Current Ratio performed in the past?

The current Current Ratio of Nova Mentis Life Science Corp. (NMLSF) 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

0.64

5-year avg

2.51

10-year avg

4.11

Nova Mentis Life Science Corp. (NMLSF) Current Ratio vs. Peers

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

Nova Mentis Life Science Corp.’s Current Ratio is less than Awakn Life Sciences Corp. (0.51), less than PsyBio Therapeutics Corp. (0.13), greater than HAVN Life Sciences Inc. (0), less than Tryp Therapeutics Inc. (0.08), less than Wesana Health Holdings Inc. (0), less than BioVaxys Technology Corp. (0.11), less than GH Research PLC (0.39), less than Algernon Pharmaceuticals Inc. (15.83), less than AXIM Biotechnologies, Inc. (0.36), greater than Mind Cure Health Inc. (0.00), less than Surrozen, Inc. (4.76), less than Jasper Therapeutics, Inc. (7.40), less than Revelation Biosciences, Inc. (7.61), less than Protagenic Therapeutics, Inc. (1.64), less than Sino Biopharmaceutical Limited (1.80), less than ZIVO Bioscience, Inc. (1.15), less than Cyteir Therapeutics, Inc. (0.17), less than Eledon Pharmaceuticals, Inc. (21.89), less than null (6.53),

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