EDIT Current Ratio Analysis
Updated 179h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; at 3.19x, EDIT holds $3.19 in current assets for every $1 of current liabilities, indicating ample liquidity.
Sector Performance
89th percentileEDIT
3.19x
Sector Median
1.26x
Sector Avg
2.58x
Prior Period
3.22x(Aug 2026)
Deep Analysis
The current ratio measures a company’s ability to pay short-term obligations with its short-term assets; at 3.19x, EDIT holds $3.19 in current assets for every $1 of current liabilities, indicating ample liquidity.
This is well above the sector median of 1.25x, placing EDIT in the 89th percentile among its sector peers, meaning most peers have weaker coverage. The metric’s year-over-year change is N/A, but quarter-over-quarter it slipped 0.9%, from 3.22x to 3.19x, with only these two historical data points available. The combination of a very high level and a slight quarterly decline suggests liquidity remains strong but is beginning to edge lower, presenting limited short-term risk rather than an immediate red flag. This metric supports the overall CAUTIOUS verdict: the high ratio reduces liquidity concerns, but its mild erosion and other unmeasured factors keep the stock in a cautious stance.
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.
Who are EDIT's closest peers by Current Ratio?
The closest peers by Current Ratio include: MTB (0.32x), ESS (0.31x), DRI (0.31x), TRNO (0.31x), CINF (0.29x).
Learn More About Current Ratio
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.
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3.19x
Sector Median
1.26x
Sector Avg
2.58x
How EDIT's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.