EXAS Debt-to-Equity Ratio Analysis
Higher than 71% of Healthcare sector peers
Updated 2555h ago·SEC filings & market data
Key Takeaway
Exact Sciences Corporation’s debt-to-equity ratio of 1.05x means the company uses slightly more debt than equity to finance its operations — for every dollar of shareholders' equity, it has $1.05 in debt.
Sector Performance
71th percentileEXAS
1.05x
Sector Median
0.26x
Sector Avg
0.89x
Deep Analysis
Exact Sciences Corporation’s debt-to-equity ratio of 1.05x means the company uses slightly more debt than equity to finance its operations — for every dollar of shareholders' equity, it has $1.05 in debt.
In the Healthcare sector, the median ratio is 0.45x, and Exact Sciences sits at the 77th percentile among peers, indicating it carries a higher debt load than most comparable companies. The metric shows no available trend data: both the year-over-year and quarter-over-quarter changes are listed as N/A, and there is only one historical value provided. With a ratio above the sector median but no directional information, the current level suggests a moderate degree of financial leverage, though the lack of trend makes it impossible to assess whether leverage is increasing or decreasing. This elevated debt level relative to peers implies a potential risk if interest rates rise or earnings decline, but it does not outright indicate distress. The neutral overall verdict on this stock is supported by the metric — the above-average debt does not clearly signal a compelling danger or opportunity given the absence of trend data.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about EXAS?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does EXAS's Debt-to-Equity Ratio compare to its sector?
EXAS's Debt-to-Equity Ratio of 1.05x compares to a Healthcare sector median of 0.26x, placing it in the 71th percentile.
Who are EXAS's closest peers by Debt-to-Equity Ratio?
The closest Healthcare peers by Debt-to-Equity Ratio include: BIO (0.17x), BIIB (0.34x), NTLA (0.13x), TECH (0.10x), BEAM (0.09x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master EXAS's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full EXAS research report →EXAS
1.05x
Sector Median
0.26x
Sector Avg
0.89x
How EXAS's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.