NUMIF (Numinus Wellness) Current Ratio: 0.61 (As of May. 2025)


What is Numinus Wellness Current Ratio?

Numinus Wellness NUMIF +32.27% Current Ratio is 0.61 as of May. 2025. Among 683 Healthcare Providers & Services companies, Numinus Wellness ranks worse than 87.26% 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. Numinus Wellness's current ratio for the quarter that ended in May. 2025 was 0.61.

Numinus Wellness has a current ratio of 0.61. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Numinus Wellness has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Numinus Wellness's Current Ratio or its related term are showing as below:

NUMIF's Current Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.47
* Ranked among companies with meaningful Current Ratio only.

Numinus Wellness  (OTCPK:NUMIF) 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.


Numinus Wellness Current Ratio Related Terms


Numinus Wellness Current Ratio Historical Data

* Premium members only.

The historical data trend for Numinus Wellness's Current Ratio can be seen below:

* 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.

Numinus Wellness Current Ratio Chart

Numinus Wellness Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Current Ratio
Get a 7-Day Free Trial 1.33 31.88 7.88 2.60 1.14

Numinus Wellness Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 1.14 0.97 0.77 0.61

NUMIF vs HLYK, SYRA, GBCS: Current Ratio Comparison

For the Medical Care Facilities subindustry, Numinus Wellness'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.


Numinus Wellness Current Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Numinus Wellness's Current Ratio distribution charts can be found below:

* The bar in red indicates where Numinus Wellness's Current Ratio falls into.



Numinus Wellness Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Numinus Wellness's Current Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Current Ratio (A: Aug. 2024 )=Total Current Assets (A: Aug. 2024 )/Total Current Liabilities (A: Aug. 2024 )
=7.18/6.302
=1.14

Numinus Wellness's Current Ratio for the quarter that ended in May. 2025 is calculated as

Current Ratio (Q: May. 2025 )=Total Current Assets (Q: May. 2025 )/Total Current Liabilities (Q: May. 2025 )
=1.819/2.962
=0.61

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.61 mean?
Numinus Wellness (NUMIF) has a Current Ratio of 0.61 as of May. 2025. According to the industry distribution chart, Numinus Wellness ranks #596 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 87.3%.
Is Numinus Wellness' Current Ratio too high?
Numinus Wellness' current Current Ratio is 0.61. The Healthcare Providers & Services industry median Current Ratio is 1.47. Numinus Wellness' value of 0.61 is 58.5% below this industry median. Based on the distribution chart, Numinus Wellness ranks #596 out of 683 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does Numinus Wellness' Current Ratio compare to HLYK and SYRA?
According to the Healthcare Providers & Services industry distribution chart, Numinus Wellness ranks #596 out of 683 companies for Current Ratio. This places Numinus Wellness in the lower half of its industry. The industry median Current Ratio is 1.47. Numinus Wellness' value of 0.61 is 58.5% below this benchmark. 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 Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.47, based on 683 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. Numinus Wellness's current Current Ratio of 0.61 is 58.5% below 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 Healthcare Providers & Services industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Numinus Wellness's current Current Ratio is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numinus Wellness stock overvalued right now?
Numinus Wellness (NUMIF) has a current Current Ratio of 0.61. The current Current Ratio is 0.61 and 58.5% below the Healthcare Providers & Services industry median of 1.47. 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 Numinus Wellness (NUMIF), the current Current Ratio is 0.61 as of May. 2025. 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.

Numinus Wellness Business Description

Address 801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.