EDITCAUTIOUS

EDIT Quick Ratio Analysis

2.70x

Updated 179h ago·SEC filings & market data

Key Takeaway

The Quick Ratio measures whether a company can cover its short-term bills using only its most liquid assets; EDIT’s 2.70x means it holds $2.70 in cash and equivalents for every $1 of current liabilities.

Sector Performance

93th percentile

EDIT

2.70x

Sector Median

0.72x

Sector Avg

2.71x

Prior Period

3.17x(Aug 2026)

↓ Declining

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Deep Analysis

This sits well above the sector median of 0.72x, placing the company in the 94th percentile among peers. The year-over-year change is N/A, and the quarter-over-quarter change is -14.8%, with the ratio falling from 3.17x to 2.70x. The high level indicates a strong short-term liquidity cushion, but the quarterly decline signals that cushion is shrinking. That mix reduces immediate default risk while pointing to a tightening cash position. This metric supports the overall cautious verdict because the downward direction, even from a high base, aligns with caution.

Frequently Asked Questions

What does the Quick Ratio tell investors about EDIT?

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

How is the Quick Ratio calculated?

Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.

Who are EDIT's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: MELI (0.11x), LOW (0.10x), DRI (0.09x), NCLH (0.08x), PAYC (0.08x).

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Learn More About Quick Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

(Cash + Receivables) / Current Liabilities

Why It Matters

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.