EXASCAUTIOUS

EXAS Current Ratio Analysis

2.23x

Higher than 63% of Healthcare sector peers

Updated 2555h ago·SEC filings & market data

Key Takeaway

With a current ratio of 2.23x, Exact Sciences holds $2.23 in current assets for every $1.00 of current liabilities, indicating it can cover short-term obligations comfortably.

Sector Performance

63th percentile

EXAS

2.23x

Sector Median

1.90x

Sector Avg

2.99x

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Deep Analysis

With a current ratio of 2.23x, Exact Sciences holds $2.23 in current assets for every $1.00 of current liabilities, indicating it can cover short-term obligations comfortably.

This places the company slightly above the healthcare sector median of 2.06x and in the 53rd percentile among its peers, meaning it is about average in liquidity. Because year-over-year and quarter-over-quarter changes are not available, and no trend can be determined from the last eight quarters, the direction of this metric is unknown. The level is adequate but not exceptional, and the absence of trend data removes any signal of improvement or deterioration. This combination suggests neither a clear advantage nor a red flag for investment risk, aligning with a neutral view. Overall, the current ratio supports the NEUTRAL verdict by showing typical liquidity without any directional shift to justify a bullish or bearish stance.

Frequently Asked Questions

What does the Current Ratio tell investors about EXAS?

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 EXAS's Current Ratio compare to its sector?

EXAS's Current Ratio of 2.23x compares to a Healthcare sector median of 1.90x, placing it in the 63th percentile.

Who are EXAS's closest peers by Current Ratio?

The closest Healthcare peers by Current Ratio include: BSX (1.90x), BAX (1.95x), RVTY (1.72x), A (2.10x), HIMS (1.69x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

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

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.