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Current ratio at other companies

Merck & Co. logo
Merck & Co.MRK
1.3×-0.1×
Immunome logo
ImmunomeIMNM
21.7×+11.2×
Arcus Biosciences logo
Arcus BiosciencesRCUS
3.8×-0.7×
Nuvation Bio logo
Nuvation BioNUVB
8.4×-1.0×
Inhibrx Biosciences, Inc. logo
Inhibrx Biosciences, Inc.INBX
6.5×+1.3×
Incyte logo
IncyteINCY
4.6×+1.7×

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×

Where this comes from

Calculated from Summit Therapeutics’s reported figures.

Based on the most recent quarter.

The source filing: Summit Therapeutics’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001599298-26-000039

FAQ

What is Summit Therapeutics's current ratio?
Summit Therapeutics (SMMT) reported current ratio of 7.4× in Q1 2026.
How has Summit Therapeutics's current ratio changed year-over-year?
Summit Therapeutics's current ratio decreased by 30.3% year-over-year, from 10.6× to 7.4×.
What is the long-term trend for Summit Therapeutics's current ratio?
Over 5 years (2020 to 2025), Summit Therapeutics's current ratio has grown at a 17.5% compound annual growth rate (CAGR), from 4.4× to 9.9×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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