Bright Minds BiosciencesDRUG +3.35%34 Current Ratio is 81.47 as of Mar. 2026, which is 236% above its 10-year median of 24.25. GuruFocus rates DRUG with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, Bright Minds Biosciences ranks better than 99.51% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Bright Minds Biosciences's current ratio for the quarter that ended in Mar. 2026 was 81.47.
Bright Minds Biosciences has a current ratio of 81.47. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Bright Minds Biosciences's Current Ratio or its related term are showing as below:
DRUG'
s Current Ratio Range Over the Past 10 Years
Min: 5.81 Med: 24.25 Max: 126.02
Current: 81.47
During the past 6 years, Bright Minds Biosciences's highest Current Ratio was 126.02. The lowest was 5.81. And the median was 24.25.
DRUG's Current Ratio is ranked better than 99.51% of 1416
companies
in the Biotechnology industry
Industry Median: 3.885
vs DRUG: 81.47
Bright Minds Biosciences (NAS:DRUG) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Bright Minds Biosciences Current Ratio Related Terms
Bright Minds Biosciences Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DRUG vs VRTX, REGN, ALNY: Current Ratio Comparison
For the Biotechnology subindustry, Bright Minds Biosciences's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bright Minds Biosciences Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Bright Minds Biosciences's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bright Minds Biosciences's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bright Minds Biosciences (DRUG) has a Current Ratio of 81.47 as of Mar. 2026. This is 236% above median its historical median of 24.25. Over the past decade, Bright Minds Biosciences' Current Ratio has ranged from 5.81 to 126.02. According to the industry distribution chart, Bright Minds Biosciences ranks #7 out of 1416 companies in the Biotechnology industry, placing it in the top 0.5%.
Is Bright Minds Biosciences' Current Ratio too high?
Bright Minds Biosciences' current Current Ratio of 81.47 is 236% above median its 10-year median of 24.25. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 126.02. The Biotechnology industry median Current Ratio is 3.89. Bright Minds Biosciences' value of 81.47 is 1997% above this industry median. Based on the distribution chart, Bright Minds Biosciences ranks #7 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Minds Biosciences has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Bright Minds Biosciences' Current Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bright Minds Biosciences ranks #7 out of 1416 companies for Current Ratio. This places Bright Minds Biosciences in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.89. Bright Minds Biosciences' value of 81.47 is 1997% above this benchmark. Historically, Bright Minds Biosciences' own Current Ratio has ranged from 5.81 to 126.02 over the past decade. While the company's 10-year median is 24.25 vs. the industry median of 3.89, Bright Minds Biosciences has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.89, based on 1,416 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bright Minds Biosciences's current Current Ratio of 81.47 is 1997% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Current Ratio is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Minds Biosciences's current Current Ratio is 81.47, which is 236% above median its own 10-year median of 24.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Minds Biosciences stock overvalued right now?
Bright Minds Biosciences (DRUG) has a current Current Ratio of 81.47. The current Current Ratio is 81.47, which is 236% above median its 10-year median of 24.25 and 1997% above the Biotechnology industry median of 3.89. Bright Minds Biosciences' overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Bright Minds Biosciences (DRUG), the current Current Ratio is 81.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bright Minds Biosciences Inc is focused on developing novel, transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult-to-treat disorders such as resistant epilepsy, treatment-resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.
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