Bright Minds Biosciences Inc (DRUG) — Net Asset Quality Index
Bright Minds Biosciences Inc (DRUG) has a Net Asset Quality Index of 98.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $312.15 Million minus total liabilities of $3.83 Million yields net assets of $308.32 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Bright Minds Biosciences Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Bright Minds Biosciences Inc Net Asset Quality Index Over Time (2019–2025)
This chart shows how Bright Minds Biosciences Inc's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 98.8%, representing net assets of $308.32 Million against total assets of $312.15 Million USD. Explore Bright Minds Biosciences Inc cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Bright Minds Biosciences Inc (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Bright Minds Biosciences Inc from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see DRUG market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.2% | $82.04 Million | $84.42 Million | $2.38 Million | ▲ +6.5 pp |
| 2024 | 90.7% | $5.54 Million | $6.10 Million | $568.26K | ▼ -5.2 pp |
| 2023 | 95.9% | $6.60 Million | $6.88 Million | $280.86K | ▲ +8.7 pp |
| 2022 | 87.2% | $10.54 Million | $12.09 Million | $1.54 Million | ▼ -9.6 pp |
| 2021 | 96.8% | $19.40 Million | $20.04 Million | $638.57K | ▲ +14.0 pp |
| 2020 | 82.9% | $729.29K | $880.22K | $150.92K | ▲ +5.2 pp |
| 2019 | 77.6% | $127.26K | $163.97K | $36.71K | — |