Bright Minds Biosciences Inc (DRUG) — Tangible Net Worth Ratio
Bright Minds Biosciences Inc (DRUG) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($308.30 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore DRUG net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bright Minds Biosciences Inc Tangible Net Worth Ratio (2019–2025)
This chart shows how Bright Minds Biosciences Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $308.30 Million with intangible assets of $0.00 USD. Check Bright Minds Biosciences Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Bright Minds Biosciences Inc (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bright Minds Biosciences Inc from 2019 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Bright Minds Biosciences Inc (DRUG) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $82.04 Million | $0.00 | $84.42 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $5.54 Million | $0.00 | $6.10 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $6.60 Million | $0.00 | $6.88 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $10.54 Million | $0.00 | $12.09 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $19.40 Million | $2.00 | $20.04 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $729.29K | $2.00 | $880.22K | ▲ +1.6 pp |
| 2019 | 98.4% | $127.26K | $2.00K | $163.97K | — |