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Cash ratio at other companies

Merck & Co. logo
Merck & Co.MRK
0.2×-0.1×
Zoetis logo
ZoetisZTS
0.9×+0.4×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
0.2×0.0×
Tractor Supply Company logo
Tractor Supply CompanyTSCO
0.1×0.0×
Kenvue logo
KenvueKVUE
0.2×0.0×
General Mills logo
General MillsGIS
0.1×0.0×

Other financials

Income statement

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Revenue$1.4B+14.9%
Gross profit$785.0M+14.8%
Net income$57.0M-14.9%
EPS (diluted)$0.11-15.4%

Balance sheet

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Cash & equivalents$428.0M-12.1%
Total debt$4.3B-1.7%
Total equity$6.5B+2.3%
Total assets$13.2B+2.2%

Cash flow

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Operating cash flow$13.0M+425%
CapEx$51.0M-21.5%
Free cash flow-$38.0M+44.9%

Valuation

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Market cap$12.1B+128%
Enterprise value$15.99B+73.1%
P/S2.5×+1.3×

Profitability

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Gross margin55.1%+0.2pp
Net margin-4.9%-13.6pp
FCF margin6.4%-1.4pp

Returns & leverage

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Return on equity-3.8%-9.9pp
Debt / equity0.7×0.0×
Current ratio2.2×-0.6×

Where this comes from

Calculated from Elanco Animal Health Inc.’s reported figures.

Based on the most recent quarter.

The official record: Elanco Animal Health Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Elanco Animal Health Inc.'s cash ratio?
Elanco Animal Health Inc. (ELAN) reported cash ratio of 0.3× in Q1 2026.
How has Elanco Animal Health Inc.'s cash ratio changed year-over-year?
Elanco Animal Health Inc.'s cash ratio decreased by 32.9% year-over-year, from 0.4× to 0.3×.
What is the long-term trend for Elanco Animal Health Inc.'s cash ratio?
Over 5 years (2020 to 2025), Elanco Animal Health Inc.'s cash ratio has grown at a 7.0% compound annual growth rate (CAGR), from 0.2× to 0.3×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.