Current Ratio
Higher than 55% of Healthcare sector peers
Updated 1078h ago
Sector Performance
55th percentileEXAS
2.23x
Sector Median
2.02x
Sector Avg
3.77x
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 2.02x, placing it in the 55th percentile.
Who are EXAS'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.
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2.23x
Sector Median
2.02x
Sector Avg
3.77x
How EXAS's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.