Company / Interest Expense
Mind Medicine (MindMed) Inc. Interest Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$5.5M
FY2025
5-year range
-$359.0K / $5.5M
FY2021-FY2025
Trend
+140.1%
vs FY2024
Sector context
#33 of 44
Health Care
What the data says
Mind Medicine (MindMed) Inc.'s interest expense of $5M is lower than 75% of companies in the Health Care sector (FY2025). Interest Expense has fluctuated over the past 7 years, ranging from -$359,000 in FY2021 to $5M in FY2025.
Based on SEC 10-K filings.
$5M in FY2025 with a 3-year CAGR of +54.2%.
Increased from $920,000 to $5M over the past 2 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +54.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 25% in Health CareTop 25% of 44This company $5.5M Sector average $291.0M
▼
-98.1% below sector average
Key checks
Key Insights
- 3-year CAGR of +54.2%, indicating consistent growth.
- In FY2025, interest expense increased 140.1% year-over-year.
- Ranks #33 out of 44 companies in the Health Care sector.
- Lowest interest expense in the period was in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.70 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.5M | +140.1% |
| FY2024 | $2.3M | +148.2% |
| FY2023 | $920.0K | -38.5% |
| FY2022 | $1.5M | +516.4% |
| FY2021 | -$359.0K | -118.9% |
| FY2020 | -$164.0K | -1740.0% |
| FY2019 | $10.0K | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026