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Summit Therapeutics SMMT FX Effect on Cash

FX Effect on Cash at other companies

Merck & Co. logo
Merck & Co.MRK
-$19M-112%
Incyte logo
IncyteINCY
-$2.69M-387%
Roivant Sciences logo
Roivant SciencesROIV
$1.32M
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
-$48M-173%
AbbVie logo
AbbVieABBV
-$12M-233%
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
-$400K-124%

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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations.

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 FX effect on cash?
Summit Therapeutics (SMMT) reported FX effect on cash of -$19K in Q1 2026.
How has Summit Therapeutics's FX effect on cash changed year-over-year?
Summit Therapeutics's FX effect on cash decreased by 150.0% year-over-year, from $38K to -$19K.
What does FX effect on cash mean?
The change in cash value caused by currency exchange rate fluctuations.
How do you interpret FX effect on cash?
This is largely an accounting adjustment; large values may indicate significant exposure to foreign currency volatility in international operations.
How does FX effect on cash compare across companies?
Standard for any company with international operations; peers report this as a standard reconciliation item in the cash flow statement.