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Summit Therapeutics SMMT Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

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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:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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 accretion (amortization) of discounts and premiums, investments?
Summit Therapeutics (SMMT) reported accretion (amortization) of discounts and premiums, investments of $4.22M in Q1 2026.
How has Summit Therapeutics's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Summit Therapeutics's accretion (amortization) of discounts and premiums, investments increased by 42.2% year-over-year, from $2.97M to $4.22M.
What does accretion (amortization) of discounts and premiums, investments mean?
Non-cash adjustments to the value of investment holdings over time.
How do you interpret accretion (amortization) of discounts and premiums, investments?
Fluctuations reflect changes in the company's investment portfolio strategy and interest rate environment.
How does accretion (amortization) of discounts and premiums, investments compare across companies?
Standard for companies holding significant cash equivalents or marketable securities.