Quick Ratio

The quick ratio of 3.17x means Editas has $3.17 in highly liquid assets (cash, marketable securities, receivables) for every $1 of current liabilities due within a year, indicating strong short-term financial health.

Among sector peers, this is well above the healthcare median of 1.33x, placing Editas in the 79th percentile. Trend data is not available — the year-over-year change, quarter-over-quarter change, and last eight quarters are all stated as N/A, so no direction can be assessed. Without a trend, the high absolute level suggests low default risk but offers no insight into whether liquidity is improving or deteriorating. This metric supports the overall CAUTIOUS verdict: while the strong quick ratio is a positive factor, the lack of trend information and the cautious stance likely reflect other concerns such as earnings outlook or cash burn rate.

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