What is Myriad Genetics's quick ratio?

Myriad Genetics (MYGN) reported quick ratio of 2.2× in Q1 2026.

How has Myriad Genetics's quick ratio changed year-over-year?

Myriad Genetics's quick ratio increased by 27.7% year-over-year, from 1.7× to 2.2×.

What is the long-term trend for Myriad Genetics's quick ratio?

Over 5 years (2020 to 2025), Myriad Genetics's quick ratio has grown at a -1.9% compound annual growth rate (CAGR), from 2.5× to 2.3×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

Myriad Genetics MYGN Quick ratio

Quick ratio at other companies

Labcorp HoldingsLH

1.5×-0.1×

Quest DiagnosticsDGX

1.1×-0.2×

NeoGenomicsNEO

4.1×+2.1×

VeracyteVCYT

9.3×+4.5×

Guardant HealthGH

4.4×+0.6×

Natera, Inc.NTRA

2.8×-0.9×

Other financials

Income statement

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Revenue$200.4M+2.3%

Gross profit$137.6M+2.5%

Operating income-$30.7M-5.9%

Net income-$34.1M-34,000%

EPS (diluted)-$0.36—

Balance sheet

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Cash & equivalents$126.0M+24.8%

Total debt$211.5M+34.2%

Total equity$337.4M-52.1%

Total assets$673.7M-33.0%

Cash flow

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Operating cash flow-$15.7M+3.7%

CapEx$18.8M+181%

Free cash flow-$19.7M+65.1%

Valuation

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Market cap$512.85M+13.1%

Enterprise value$598.35M+17.3%

P/S0.6×+0.1×

Profitability

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Gross margin70%0.0pp

Operating margin-46.9%-88.3pp

Net margin-48.2%-72.9pp

FCF margin-17%—

Returns & leverage

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Return on equity-76.7%-98.4pp

Debt / equity0.6×+0.4×

Current ratio2.4×+0.5×

Where this comes from

Calculated from Myriad Genetics’s reported figures.

quick assets/total current liabilities=2.2×

Based on the most recent quarter.

The official record: Myriad Genetics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Myriad Genetics's quick ratio?: Myriad Genetics (MYGN) reported quick ratio of 2.2× in Q1 2026.
How has Myriad Genetics's quick ratio changed year-over-year?: Myriad Genetics's quick ratio increased by 27.7% year-over-year, from 1.7× to 2.2×.
What is the long-term trend for Myriad Genetics's quick ratio?: Over 5 years (2020 to 2025), Myriad Genetics's quick ratio has grown at a -1.9% compound annual growth rate (CAGR), from 2.5× to 2.3×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.