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Summit Therapeutics SMMT Change in Other Liabilities

Change in Other Liabilities at other companies

Merck & Co. logo
Merck & Co.MRK
$48.75M+498%
Roivant Sciences logo
Roivant SciencesROIV
-$252K-230%
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
$12.2M+321%
Johnson & Johnson logo
Johnson & JohnsonJNJ
-$629M+90.3%
Biogen logo
BiogenBIIB
-$62M-38.8%
Moderna logo
ModernaMRNA
$26M-21.2%

Other financials

Income statement

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Revenue-
Operating income-$65.6M-81.2%
Net income-$189.4M-201%
EPS (diluted)-$0.24-167%

Balance sheet

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Cash & equivalents$8.2M+7.2%
Total debt$20.0M+211%
Total equity$545.9M+58.5%
Total assets$647.9M+68.8%

Cash flow

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Operating cash flow-$122.3M-99.9%
CapEx$245.0K-41.9%
Free cash flow-$122.5M-99.0%

Valuation

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Market cap$10.67B+3.3%
Enterprise value$10.68B+3.4%

Profitability

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Operating margin-268,266.8%-272,316pp
Net margin-271,685%-275,966pp
FCF margin-5,931.6%+4,730pp

Returns & leverage

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Return on equity-271%-1,725pp
Debt / equity0.0×
Current ratio7.4×-3.2×

Where this comes from

Reported directly by Summit Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOtherNoncurrentLiabilities.

The official record: Summit Therapeutics’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Therapeutics's change in other liabilities?
Summit Therapeutics (SMMT) reported change in other liabilities of -$33K in Q1 2026.
How has Summit Therapeutics's change in other liabilities changed year-over-year?
Summit Therapeutics's change in other liabilities decreased by 232.0% year-over-year, from $25K to -$33K.
What does change in other liabilities mean?
The change in miscellaneous liabilities that do not fall under standard accounts payable or accrued expenses.
How do you interpret change in other liabilities?
An increase provides a source of cash, whereas a decrease reflects the settlement or reduction of these miscellaneous obligations.
How does change in other liabilities compare across companies?
Varies significantly by company; often reflects specific accounting treatments for deferred income or long-term commitments.