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Current Assets

Total Current Assets

Guardant Health Total Current Assets decreased by 6.7% to $1.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.5%, from $927.03M to $1.37B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows a downward trend with a -4.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026

How to read this metric

A higher total indicates stronger short-term financial flexibility and a greater ability to cover upcoming operational expenses.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash or consumed within one fiscal year...

Peer comparison

A standard benchmark for liquidity; peers typically maintain a level sufficient to cover at least 12-18 months of operating expenses.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.89B$1.59B$1.11B$1.11B$1.04B$1.13B$1.19B$1.1B$1.4B$1.35B$1.35B$1.31B$1.29B$1.23B$1.06B$927.03M$883.43M$828.89M$1.47B$1.37B
QoQ Change-15.7%-30.1%-0.1%-6.8%+9.0%+5.4%-7.3%+26.5%-3.6%+0.0%-2.9%-1.4%-4.9%-14.0%-12.1%-4.7%-6.2%+76.9%-6.7%
YoY Change-45.2%-29.0%+7.0%-0.8%+34.8%+19.1%+13.1%+18.5%-7.7%-8.9%-21.7%-29.2%-31.5%-32.4%+38.9%+47.5%
Range$828.89M$1.89B
CAGR-6.6%
Avg YoY Growth-1.7%
Median YoY Growth-4.2%

Frequently Asked Questions

What is Guardant Health's total current assets?
Guardant Health (GH) reported total current assets of $1.37B in Q1 2026.
How has Guardant Health's total current assets changed year-over-year?
Guardant Health's total current assets increased by 47.5% year-over-year, from $927.03M to $1.37B.
What is the long-term trend for Guardant Health's total current assets?
Over 5 years (2020 to 2025), Guardant Health's total current assets has grown at a -4.9% compound annual growth rate (CAGR), from $1.89B to $1.47B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.