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Cash ratio at other companies

Celcuity logo
CelcuityCELC
4.4×+3.9×
Revolution Medicines, Inc. logo
Revolution Medicines, Inc.RVMD
1.5×-0.6×
Ligand Pharmaceuticals logo
Ligand PharmaceuticalsLGND
2.8×+2.0×
Arcus Biosciences logo
Arcus BiosciencesRCUS
0.0×
IDEAYA Biosciences, Inc. logo
IDEAYA Biosciences, Inc.IDYA
2.4×-0.1×
Cogent Biosciences, Inc. logo
Cogent Biosciences, Inc.COGT
4.2×+1.6×

Other financials

Income statement

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Revenue$3.0M-60.9%
Operating income-$78.6M+7.4%
Net income-$73.3M+4.9%
EPS (diluted)-$0.41+10.9%

Balance sheet

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Cash & equivalents$204.6M+119%
Total debt$31.6M-33.1%
Total equity$642.2M-10.9%
Total assets$699.6M-12.5%

Cash flow

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Operating cash flow-$51.1M+30.2%
CapEx$1.0K
Free cash flow-$44.9M+22.5%

Valuation

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Market cap$3.8B+300%

Profitability

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Operating margin-2,776.6%-820pp
Net margin-2,554.1%-745pp
FCF margin-1,536%-429pp

Returns & leverage

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Return on equity-40%-4.3pp
Debt / equity0.0×
Current ratio22.1×+2.2×

Where this comes from

Calculated from Relay Therapeutics, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Relay Therapeutics, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Relay Therapeutics, Inc.'s cash ratio?
Relay Therapeutics, Inc. (RLAY) reported cash ratio of 6.9× in Q1 2026.
How has Relay Therapeutics, Inc.'s cash ratio changed year-over-year?
Relay Therapeutics, Inc.'s cash ratio increased by 172.4% year-over-year, from 2.5× to 6.9×.
What is the long-term trend for Relay Therapeutics, Inc.'s cash ratio?
Over 5 years (2020 to 2025), Relay Therapeutics, Inc.'s cash ratio has grown at a -36.9% compound annual growth rate (CAGR), from 32.8× to 3.3×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.