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Guardant Health GH Debt-to-assets

Debt-to-assets at other companies

Illumina logo
IlluminaILMN
0.3×0.0×
Natera, Inc. logo
Natera, Inc.NTRA
0.1×0.0×
Quest Diagnostics logo
Quest DiagnosticsDGX
0.4×0.0×
Agilent Technologies logo
Agilent TechnologiesA
0.3×0.0×
Labcorp Holdings logo
Labcorp HoldingsLH
0.4×0.0×
Abbott logo
AbbottABT
0.3×+0.1×

Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$17.12B+130%
Enterprise value$17.72B+121%
P/S15.9×+6.3×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on the most recent quarter.

The official record: Guardant Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guardant Health's debt-to-assets?
Guardant Health (GH) reported debt-to-assets of 0.9× in Q1 2026.
How has Guardant Health's debt-to-assets changed year-over-year?
Guardant Health's debt-to-assets decreased by 8.4% year-over-year, from 1× to 0.9×.
What is the long-term trend for Guardant Health's debt-to-assets?
Over 4 years (2021 to 2025), Guardant Health's debt-to-assets has grown at a 76.5% compound annual growth rate (CAGR), from 0.4× to 3.9×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.