Psyence Group Inc

PINK:PSYGF USA Drug Manufacturers - General
Market Cap
$71.94K
Market Cap Rank
#41709 Global
#13566 in USA
Share Price
$0.00
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.00
All Time High
$0.22
About

Psyence Group Inc., a life science biotechnology company, engages in the research, cultivation, and production of psychedelics and nature-based compounds to treat psychological trauma. It operates in two segments, Clinical Trial Activities and Non-Clinical Trial Activities. The company develops botanical psilocybin-based psychedelic medicine, which works with natural psilocybin products for the h… Read more

Psyence Group Inc - Asset Resilience Ratio

Latest as of June 2024: -1.91%

Psyence Group Inc (PSYGF) has an Asset Resilience Ratio of -1.91% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-40.53K
Cash + Short-term Investments
Total Assets
$2.12 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Psyence Group Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Psyence Group Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-40.53K -1.91%
Total Liquid Assets $-40.53K -1.91%

Asset Resilience Insights

  • Limited Liquidity: Psyence Group Inc maintains only -1.91% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Psyence Group Inc Industry Peers by Asset Resilience Ratio

Compare Psyence Group Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Novartis AG
PINK:NVSEF
Drug Manufacturers - General 0.13%
Pfizer Inc
NYSE:PFE
Drug Manufacturers - General 7.18%
AbbVie Inc
NYSE:ABBV
Drug Manufacturers - General 0.02%
Biogen Inc
NASDAQ:BIIB
Drug Manufacturers - General 2.74%
Zhejiang Int'L Group Co Ltd
SHE:000411
Drug Manufacturers - General 0.00%
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
Drug Manufacturers - General 5.75%
Hunan Jingfeng Pharmaceutical
SHE:000908
Drug Manufacturers - General 0.38%
Hubei Guangji Pharmaceutical Co Ltd
SHE:000952
Drug Manufacturers - General 5.37%

Annual Asset Resilience Ratio for Psyence Group Inc (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Psyence Group Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-03-31 -1.53% $-50.12K $3.27 Million --
pp = percentage points