BMNDF (Biomind Labs) Quick Ratio: 0.01 (As of Mar. 2026) — 80% Below Median


BMNDF Biomind Labs Inc BMNDF
30 GF Score
Price $0.12
! 3 Warning Signs
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What is Biomind Labs Quick Ratio?

Biomind Labs BMNDF 30 Quick Ratio is 0.01 as of Mar. 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates BMNDF with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,412 Biotechnology companies, Biomind Labs ranks worse than 99.72% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Biomind Labs's quick ratio for the quarter that ended in Mar. 2026 was 0.01.

Biomind Labs has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Biomind Labs's Quick Ratio or its related term are showing as below:

BMNDF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 17.12
Current: 0.01

During the past 5 years, Biomind Labs's highest Quick Ratio was 17.12. The lowest was 0.01. And the median was 0.05.

BMNDF's Quick Ratio is ranked worse than
99.72% of 1412 companies
in the Biotechnology industry
Industry Median: 3.6 vs BMNDF: 0.01

Biomind Labs  (OTCPK:BMNDF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Biomind Labs Quick Ratio Related Terms


Biomind Labs Quick Ratio Historical Data

* Premium members only.

The historical data trend for Biomind Labs's Quick 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.

Biomind Labs Quick Ratio Chart

Biomind Labs Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
7.51 0.13 0.03 0.02 0.00

Biomind Labs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 0.02 0.01 0.04 0.00 0.01

BMNDF vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Biomind Labs's Quick Ratio, along with its competitors' market caps and Quick 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.


Biomind Labs Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Biomind Labs's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Biomind Labs's Quick Ratio falls into.


BMNDF
30GF Score
Biomind Labs Inc BMNDF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Biomind Labs Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Biomind Labs's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/1.736
=0.00

Biomind Labs's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.014-0)/1.828
=0.01

* 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 Quick Ratio →
What does a Quick Ratio of 0.01 mean?
Biomind Labs (BMNDF) has a Quick Ratio of 0.01 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Biomind Labs and its competitors. This is 80% below median its historical median of 0.05. Over the past decade, Biomind Labs' Quick Ratio has ranged from 0.01 to 17.12. According to the industry distribution chart, Biomind Labs ranks #1408 out of 1412 companies in the Biotechnology industry, placing it in the top 99.7%.
Is Biomind Labs' Quick Ratio too high?
Biomind Labs' current Quick Ratio of 0.01 is 80% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 17.12. The Biotechnology industry median Quick Ratio is 3.60. Biomind Labs' value of 0.01 is 99.7% below this industry median. Based on the distribution chart, Biomind Labs ranks #1408 out of 1412 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Biomind Labs has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Biomind Labs' Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Biomind Labs ranks #1408 out of 1412 companies for Quick Ratio. This places Biomind Labs in the lower half of its industry. The industry median Quick Ratio is 3.60. Biomind Labs' value of 0.01 is 99.7% below this benchmark. Historically, Biomind Labs' own Quick Ratio has ranged from 0.01 to 17.12 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 3.60, Biomind Labs has consistently been below 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 Quick Ratio for a Biotechnology company?
The median Quick Ratio among Biotechnology companies is 3.60, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Biomind Labs's current Quick Ratio of 0.01 is 99.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Biomind Labs and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biomind Labs's current Quick Ratio is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomind Labs stock overvalued right now?
Biomind Labs (BMNDF) has a current Quick Ratio of 0.01. The current Quick Ratio is 0.01, which is 80% below median its 10-year median of 0.05 and 99.7% below the Biotechnology industry median of 3.60. Biomind Labs' overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Biomind Labs (BMNDF), the current Quick Ratio is 0.01 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.

Biomind Labs Business Description

Other Exchanges BMND:Canada
Address 701 West Georgia Street, Suite 515, Vancouver, BC, CAN, V7Y 1C6
Biomind Labs Inc is a biotech research and development company aimed at transforming biomedical sciences knowledge from natural psychotropic plants into novel pharmaceutical drugs and nanotech delivery systems for a variety of psychiatric and neurological conditions. The firm is developing pharmaceutical solutions and combined formulations of the main natural psychedelic molecules with the objective of identifying novel pharmaceutical compounds for treating a wide range of therapeutic indications.
30GF Score

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