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Summit Therapeutics SMMT Compensation and benefits

Discontinued — last reported Q2 '23

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Segments

By segment

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Reportable Segment$72.79M+556%

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$10.79B-49.0%
Enterprise value$10.81B-49.0%

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:ShareBasedCompensation.

The source filing: Summit Therapeutics’s 10-Q, filed August 9, 2023.

Filed
Aug 9, 2023
Fiscal quarter
Q2 FY2023
Calendar quarter
Q2 2023
Accession
0001599298-23-000077
Line itemSix Months Ended June 30, 2023Six Months Ended June 30, 2022
Depreciation136168
Amortization of intangible assets480
Gain on disposal of assets(122)
Stock-based compensation4,6506,492
In-process research and development expense520,915
Change in operating assets and liabilities:
Accounts receivable3561,160
Prepaid expenses(4,565)1,231

Item 1. Financial Statements (Unaudited)

FAQ

What is Summit Therapeutics's compensation and benefits?
Summit Therapeutics (SMMT) reported compensation and benefits of $1.88M in Q2 2023.
How has Summit Therapeutics's compensation and benefits changed year-over-year?
Summit Therapeutics's compensation and benefits decreased by 24.9% year-over-year, from $2.5M to $1.88M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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