Clearmind Medicine (Clearmind Medicine) FCF Yield % : -77.10 (As of May. 22, 2024)

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What is Clearmind Medicine FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Clearmind Medicine's Trailing 12-Month Free Cash Flow is $-2.92 Mil, and Market Cap is $3.78 Mil. Therefore, Clearmind Medicine's FCF Yield % for today is -77.10%.

The historical rank and industry rank for Clearmind Medicine's FCF Yield % or its related term are showing as below:

CMND' s FCF Yield % Range Over the Past 10 Years
Min: -422.17 Med: 0 Max: 0
Current: -77.1

CMND's FCF Yield % is ranked worse than
81.88% of 1556 companies
in the Biotechnology industry
Industry Median: -14.16 vs CMND: -77.10

Clearmind Medicine's FCF Margin % for the quarter that ended in Jan. 2024 was 0.00%.

Clearmind Medicine FCF Yield % Historical Data

The historical data trend for Clearmind Medicine's FCF Yield % 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.

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Clearmind Medicine FCF Yield % Chart

Clearmind Medicine Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

FCF Yield %

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-8.15

-26.29

-205.17

Clearmind Medicine Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
FCF Yield %	Get a 7-Day Free Trial															-140.29	4.94	-144.45	-66.82	-129.02

Competitive Comparison of Clearmind Medicine's FCF Yield %

For the Biotechnology subindustry, Clearmind Medicine's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Clearmind Medicine's FCF Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Clearmind Medicine's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Clearmind Medicine's FCF Yield % falls into.

Clearmind Medicine FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Clearmind Medicine's FCF Yield % for the fiscal year that ended in Oct. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-4.557	/	2.22104238
	=	-205.17%

Clearmind Medicine's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-1.462	*	4	/	4.5324851
	=	-129.02%

Clearmind Medicine FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Clearmind Medicine FCF Yield % Related Terms

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Clearmind Medicine (Clearmind Medicine) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Clearmind Medicine Inc (NAS:CMND) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

CWY0:Germany CWY0:Germany CMND:Canada

Address

101-1220 West 6th Avenue, Vancouver, BC, CAN, V6H 1A5

Website

https://www.clearmindmedicine.com

Clearmind Medicine Inc is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods, or supplements. The company's intellectual portfolio currently consists of four patent families. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.