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Debt-to-assets at other companies

Merck & Co. logo
Merck & Co.MRK
0.4×+0.1×
Exelixis logo
ExelixisEXEL
0.1×0.0×
Incyte logo
IncyteINCY
0.0×
Roivant Sciences logo
Roivant SciencesROIV
0.0×
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
0.5×0.0×
AbbVie logo
AbbVieABBV
0.5×0.0×

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

Calculated from Summit Therapeutics’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
Summit Therapeutics (SMMT) reported debt-to-assets of 0× in Q1 2026.
How has Summit Therapeutics's debt-to-assets changed year-over-year?
Summit Therapeutics's debt-to-assets increased by 83.9% year-over-year, from 0× to 0×.
What is the long-term trend for Summit Therapeutics's debt-to-assets?
Over 5 years (2020 to 2025), Summit Therapeutics's debt-to-assets has grown at a 43.9% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.