Quick Ratio Analysis of EXACT Sciences Corp. - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

2.07


Good Quick Ratio
Period Ending - Dec-22
2.09

Good Quick Ratio
Growth
-0.977 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.45


Indecisive Quick Ratio
Quick Ratio Analysis of EXACT Sciences Corp.
Quick Ratio of EXACT Sciences Corp. with value of 2.07 indicates company has liquid assets to pay its obligations.
Quick Ratio of EXACT Sciences Corp. with value of 1.45 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of EXAS has fallen by -0.977 % Compared to previous Financial Year.
Quick Ratio with value of 3.66 was highest in Year Dec-20 in last Five Years.
Quick Ratio of EXAS trending down for at least three Years.
Latest Quick Ratio with value of 2.07 is lower than Average Quick Ratio of 2.49 in last five years.
Other Quick Ratio Related Info of EXAS that may interest you.
EXACT Sciences Corp. Overview
CodePricePrevious PricePrice ChangeSector
EXAS45.4545.25 0.442 % Diagnostics & Research
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
No Significant Stability
FY - Historical Quick Ratio of EXACT Sciences Corp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio2.072.092.563.662.098.706.77
Change-0.977 %-18.08 %-30.14 %74.67 %-75.94 %28.57 %-36.41 %
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FY Chart of Quick Ratio of EXACT Sciences Corp.


Note : All Data Generated at the End of Trading Hours (EOD Data)