Bright Historical Balance Sheet
DRUG Stock | USD 36.17 0.60 1.69% |
Trend analysis of Bright Minds Biosciences balance sheet accounts such as Total Current Liabilities of 569.8 K or Total Stockholder Equity of 7.9 M provides information on Bright Minds' total assets, liabilities, and equity, which is the actual value of Bright Minds Biosciences to its prevalent stockholders. By breaking down trends over time using Bright Minds balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Bright Minds Biosciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bright Minds Biosciences is a good buy for the upcoming year.
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About Bright Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Bright Minds Biosciences at a specified time, usually calculated after every quarter, six months, or one year. Bright Minds Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bright Minds and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bright currently owns. An asset can also be divided into two categories, current and non-current.
Bright Minds Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Bright Minds assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bright Minds Biosciences books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Bright Minds balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bright Minds Biosciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Bright Minds' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Bright Minds Biosciences current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bright Minds Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Bright Minds' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Bright Minds' current Accounts Payable is estimated to increase to about 478.1 K, while Net Tangible Assets are projected to decrease to roughly 8.4 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 25K | 41.8K | 48.0K | 58.0K | Total Assets | 6.9M | 6.1M | 7.0M | 8.5M |
Bright Minds balance sheet Correlations
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Bright Minds Account Relationship Matchups
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Bright Minds balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 20.0M | 12.1M | 6.9M | 6.1M | 7.0M | 8.5M | |
Other Current Liab | 42K | 158.2K | 25K | 41.8K | 48.0K | 58.0K | |
Total Current Liabilities | 638.6K | 1.5M | 280.9K | 528.7K | 608.0K | 569.8K | |
Total Stockholder Equity | 19.4M | 10.5M | 6.6M | 5.5M | 6.4M | 7.9M | |
Net Debt | (19.8M) | (11.5M) | (6.7M) | (5.6M) | (5.0M) | (5.3M) | |
Retained Earnings | (9.2M) | (24.2M) | (31.5M) | (34.3M) | (30.9M) | (29.4M) | |
Accounts Payable | 596.6K | 1.2M | 182.3K | 407.5K | 468.7K | 478.1K | |
Cash | 19.8M | 11.6M | 6.7M | 5.7M | 6.6M | 8.2M | |
Cash And Short Term Investments | 19.8M | 11.6M | 6.7M | 5.7M | 6.6M | 8.2M | |
Common Stock Shares Outstanding | 1.8M | 2.5M | 3.7M | 4.3M | 5.0M | 2.7M | |
Liabilities And Stockholders Equity | 20.0M | 12.1M | 6.9M | 6.1M | 7.0M | 8.5M | |
Other Stockholder Equity | (33.7K) | 10.5T | 831.8K | 455.6K | 523.9K | 497.7K | |
Total Liab | 638.6K | 1.5M | 280.9K | 568.3K | 653.5K | 590.3K | |
Total Current Assets | 20.0M | 11.9M | 6.8M | 6.0M | 6.9M | 8.4M | |
Accumulated Other Comprehensive Income | 1.6M | 2.5M | 3.4M | 4.0M | 4.6M | 4.8M | |
Common Stock | 27.1M | 32.2M | 33.9M | 35.4M | 40.7M | 23.8M | |
Non Current Liabilities Total | 596.6K | 72.0K | 0.0 | 39.6K | 35.6K | 33.8K | |
Other Current Assets | 168.2K | 164.4K | 27.7K | 216.6K | 249.1K | 144.2K | |
Net Invested Capital | 19.4M | 10.5M | 6.6M | 5.5M | 5.0M | 6.8M | |
Capital Stock | 27.1M | 32.2M | 33.9M | 35.4M | 40.7M | 28.5M | |
Net Working Capital | 19.4M | 10.5M | 6.5M | 5.5M | 4.9M | 6.8M |
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When determining whether Bright Minds Biosciences is a strong investment it is important to analyze Bright Minds' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bright Minds' future performance. For an informed investment choice regarding Bright Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bright Minds Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bright Minds. If investors know Bright will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bright Minds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bright Minds Biosciences is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Minds' value that differs from its market value or its book value, called intrinsic value, which is Bright Minds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bright Minds' market value can be influenced by many factors that don't directly affect Bright Minds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bright Minds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Minds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Minds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.