Editas Medicine Financials

EDIT Stock  USD 2.44  0.07  2.95%   
Based on the measurements of operating efficiency obtained from Editas Medicine's historical financial statements, Editas Medicine is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Editas Medicine's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Property Plant Equipment is likely to gain to about 23.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 40.9 M in 2024. Key indicators impacting Editas Medicine's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.255.3914
Fairly Up
Slightly volatile
Investors should never underestimate Editas Medicine's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Editas Medicine's cash flow, debt, and profitability to make informed and accurate decisions about investing in Editas Medicine.

Net Income

(160.88 Million)

  
Understanding current and past Editas Medicine Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Editas Medicine's financial statements are interrelated, with each one affecting the others. For example, an increase in Editas Medicine's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Editas Medicine's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Editas Medicine. Check Editas Medicine's Beneish M Score to see the likelihood of Editas Medicine's management manipulating its earnings.

Editas Medicine Stock Summary

Editas Medicine competes with Beam Therapeutics, Crispr Therapeutics, Caribou Biosciences, Verve Therapeutics, and Intellia Therapeutics. Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts. Editas Medicine operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 264 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS28106W1036
CUSIP28106W103
LocationMassachusetts; U.S.A
Business Address11 Hurley Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.editasmedicine.com
Phone617 401 9000
CurrencyUSD - US Dollar

Editas Medicine Key Financial Ratios

Editas Medicine Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets508.9M572.6M677.5M514.3M499.2M395.9M
Other Current Liab24.8M17.2M9.9M20.2M22.4M23.5M
Other Liab163.2M101.5M60.9M60.7M69.8M71.4M
Net Debt(209.1M)(113.5M)(177.1M)(97.6M)(87.1M)(91.5M)
Retained Earnings(549.2M)(665.2M)(857.7M)(1.1B)(1.2B)(1.2B)
Accounts Payable5.8M6.4M5.1M9.5M8.3M5.3M
Cash238.2M139.7M203.5M141.5M123.7M146.9M
Other Assets1.7M4.7M6.8M5.3M6.0M6.3M
Other Current Assets6.3M21.9M14.4M7.3M7.5M6.1M
Total Liab246.4M179.0M123.8M153.6M150.1M156.1M
Total Current Assets463.8M419.1M507.3M356.8M340.8M314.0M
Net Tangible Assets262.4M393.6M553.6M360.7M414.8M250.7M
Net Receivables418K6.0M267K5.1M10.2M10.7M
Short Term Debt5.8M13.6M20.6M22.2M24.3M14.0M
Capital Surpluse811.5M1.1B1.4B1.4B1.7B854.8M

Editas Medicine Key Income Statement Accounts

The reason investors look at the income statement is to determine what Editas Medicine's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense7.3M2.6M5.7M4.2M4.9M3.0M
Total Revenue20.5M90.7M25.5M19.7M78.1M82.0M
Gross Profit(76.4M)90.7M25.5M19.7M(99.5M)(94.6M)
Operating Income(140.9M)(134.8M)(193.1M)(226.0M)(169.2M)(177.6M)
Ebit(140.9M)(134.8M)(193.1M)(226.0M)(169.2M)(177.6M)
Research Development96.9M158.0M142.5M175.0M177.7M110.5M
Ebitda(141.1M)(130.9M)(188.1M)(219.6M)(163.1M)(171.3M)
Cost Of Revenue96.9M158.0M5.1M6.3M177.7M186.5M
Income Before Tax(133.7M)(116.0M)(192.5M)(220.4M)(153.2M)(160.9M)
Net Income(123.5M)(109.4M)(185.1M)(204.4M)(153.2M)(160.9M)
Income Tax Expense(10.3M)(6.6M)(7.4M)(16.1M)5.9M6.2M
Interest Income7.3M2.6M2.3M4.2M13.9M14.6M
Net Interest Income7.3M2.6M2.3M4.2M13.9M14.6M

Editas Medicine Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash103.4M(96.2M)63.8M(62.0M)(17.9M)(17.0M)
Free Cash Flow(46.8M)(187.0M)(171.8M)(181.5M)(136.9M)(130.1M)
Depreciation2.8M4.0M5.1M6.3M6.1M3.2M
Other Non Cash Items(2.9M)27.6M1.7M(724K)(3.2M)(3.1M)
Capital Expenditures6.2M7.2M8.0M4.1M4.7M4.3M
Net Income(133.7M)(116.0M)(192.5M)(220.4M)(153.2M)(160.9M)
End Period Cash Flow239.8M143.6M207.4M145.4M127.5M149.3M
Investments18.3M(153.4M)(46.5M)118.2M(94.1M)(98.8M)
Change To Netincome24.3M50.8M45.1M28.6M32.9M36.0M
Change To Inventory1.6M10.7M(5.7M)(3.3M)(3.0M)(2.9M)
Change Receivables(388K)(5.6M)5.8M(4.9M)(4.4M)(4.2M)

Editas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Editas Medicine's current stock value. Our valuation model uses many indicators to compare Editas Medicine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Editas Medicine competition to find correlations between indicators driving Editas Medicine's intrinsic value. More Info.
Editas Medicine is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Editas Medicine's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Editas Medicine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Editas Medicine Systematic Risk

Editas Medicine's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Editas Medicine volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Editas Medicine correlated with the market. If Beta is less than 0 Editas Medicine generally moves in the opposite direction as compared to the market. If Editas Medicine Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Editas Medicine is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Editas Medicine is generally in the same direction as the market. If Beta > 1 Editas Medicine moves generally in the same direction as, but more than the movement of the benchmark.

Editas Medicine Thematic Clasifications

Editas Medicine is part of Pharmaceutical Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Pharmaceutical Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Pharmaceutical ProductsView
This theme covers USA Equities from Pharmaceutical Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Editas Medicine Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Editas Medicine's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Editas Medicine growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.15

At this time, Editas Medicine's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Editas Medicine November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Editas Medicine help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Editas Medicine. We use our internally-developed statistical techniques to arrive at the intrinsic value of Editas Medicine based on widely used predictive technical indicators. In general, we focus on analyzing Editas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Editas Medicine's daily price indicators and compare them against related drivers.

Additional Tools for Editas Stock Analysis

When running Editas Medicine's price analysis, check to measure Editas Medicine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Editas Medicine is operating at the current time. Most of Editas Medicine's value examination focuses on studying past and present price action to predict the probability of Editas Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Editas Medicine's price. Additionally, you may evaluate how the addition of Editas Medicine to your portfolios can decrease your overall portfolio volatility.