Bright Minds Biosciences (Bright Minds Biosciences) Total Stockholders Equity : $4.20 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Bright Minds Biosciences Total Stockholders Equity?

Bright Minds Biosciences's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4.20 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Bright Minds Biosciences's Book Value per Share for the quarter that ended in Mar. 2024 was $0.94. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Bright Minds Biosciences's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.01.

Bright Minds Biosciences Total Stockholders Equity Historical Data

The historical data trend for Bright Minds Biosciences's Total Stockholders Equity 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.

* Premium members only.

Bright Minds Biosciences Total Stockholders Equity Chart

Bright Minds Biosciences Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Total Stockholders Equity

0.55

15.31

7.90

4.88

Bright Minds Biosciences Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial													6.54	5.82	4.88	4.50	4.20

Bright Minds Biosciences (NAS:DRUG) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Bright Minds Biosciences's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(4.2	-	0)	/	4.464
	=	0.94

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Bright Minds Biosciences's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.026	+	0)	/	4.2
	=	0.01

Bright Minds Biosciences Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Bright Minds Biosciences's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Bright Minds Biosciences (Bright Minds Biosciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bright Minds Biosciences Inc (NAS:DRUG) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

DRUG:Canada

Address

19 Vestry Street, New York, NY, USA, 10013

Website

https://www.brightmindsbio.com

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.