Current Ratio
Higher than 71% of Healthcare sector peers
Updated 94h ago
Sector Performance
71th percentileEDIT
3.22x
Sector Median
2.02x
Sector Avg
3.77x
Deep Analysis
Editas Medicine's current ratio of 3.22x measures its ability to pay short-term debts with short-term assets — a higher number suggests more liquidity.
This is above the healthcare sector median of 2.10x, placing the company in the 71st percentile among peers. Trend data is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and no historical values beyond the current figure are provided. Without a trend, the strong liquidity level alone indicates a low risk of near-term financial distress, but it cannot signal improving or deteriorating conditions. This metric supports a cautious stance: while the high current ratio suggests solid cash coverage, the lack of a trend means investors have no evidence of consistent management of working capital, aligning with the overall CAUTIOUS verdict.
Frequently Asked Questions
What does the Current Ratio tell investors about EDIT?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does EDIT's Current Ratio compare to its sector?
EDIT's Current Ratio of 3.22x compares to a Healthcare sector median of 2.02x, placing it in the 71th percentile.
Who are EDIT's closest peers by Current Ratio?
The closest Healthcare peers by Current Ratio include: BAX (1.85x), ZBH (1.73x), RVTY (1.72x), HIMS (1.69x), TMO (1.53x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
Master EDIT's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full EDIT research report →EDIT
3.22x
Sector Median
2.02x
Sector Avg
3.77x
How EDIT's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.