Exact Sciences Corporation (EXAS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 1.43B | 1.59B | 1.51B | 1.37B | 1.57B | 1.53B | 1.45B | 1.12B | 1.19B | 1.15B | 1.17B | 1.09B | 982.26M | 1.05B | 1.1B | 1.22B | 1.43B | 1.62B | 1.67B | 1.78B |
| Cash & Short-Term Investments | 964.71M | 1B | 858.43M | 786.17M | 1.04B | 1.02B | 946.78M | 652.09M | 777.64M | 734.41M | 775.71M | 698.65M | 632.06M | 669.11M | 728.04M | 816.98M | 1.03B | 1.22B | 1.31B | 1.38B |
| Cash Only | 956M | 789.04M | 657.1M | 347.13M | 600.89M | 588.83M | 530.18M | 347.49M | 605.38M | 594.61M | 604.36M | 421.37M | 242.49M | 235.31M | 213.42M | 189.78M | 315.47M | 273.78M | 363.71M | 1.1B |
| Short-Term Investments | 8.71M | 214.06M | 201.34M | 439.05M | 437.14M | 432.3M | 416.6M | 304.61M | 172.27M | 139.79M | 171.35M | 277.28M | 389.56M | 433.81M | 514.62M | 627.2M | 715M | 944.69M | 943.86M | 274.15M |
| Accounts Receivable | 298.65M | 306.05M | 353.33M | 279.8M | 248.97M | 264.82M | 263.87M | 240.58M | 203.62M | 199.4M | 178.32M | 183.37M | 158.04M | 189.21M | 186.54M | 205.63M | 216.65M | 249.57M | 226.54M | 256.13M |
| Days Sales Outstanding | 124.1 | 131.31 | 159.01 | 144.5 | 127.38 | 136.4 | 137.73 | 137.74 | 114.89 | 115.83 | 104.62 | 111.1 | 104.31 | 132.03 | 130.53 | 154.25 | 166.89 | 199.6 | 190.16 | 232.52 |
| Inventory | 166.2M | 164.78M | 171.5M | 176.57M | 162.38M | 136.99M | 127.37M | 128.53M | 127.47M | 132.84M | 130.77M | 124.09M | 118.26M | 114.7M | 115.17M | 112.96M | 104.99M | 95.17M | 89.81M | 89.03M |
| Days Inventory Outstanding | 231.05 | 225.43 | 251.77 | 312.5 | 208.55 | 230.24 | 220.39 | 245.37 | 270.8 | 287.76 | 304.02 | 288.68 | 293.24 | 282.99 | 290.72 | 306.09 | 321.77 | 300.22 | 287.55 | 295.43 |
| Other Current Assets | 0 | 116.8M | 124.59M | 127.79M | 122.05M | 110.18M | 114.47M | 99.06M | 85.63M | 81.54M | 89.13M | 85.27M | 73.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 4.12B | 4.31B | 4.29B | 4.34B | 4.36B | 5.22B | 5.22B | 5.26B | 5.28B | 5.27B | 5.18B | 5.21B | 5.24B | 5.26B | 5.34B | 5.28B | 5.26B | 5.04B | 5.06B | 4.96B |
| Property, Plant & Equipment | 831M | 837.98M | 831.21M | 824.57M | 810.63M | 812.78M | 842.89M | 844.06M | 842.06M | 842.08M | 835.29M | 841.36M | 851.76M | 846.45M | 846.15M | 792.99M | 754.47M | 692.11M | 668.82M | 644.42M |
| Fixed Asset Turnover | 1.06x | 1.02x | 0.98x | 0.86x | 0.88x | 0.87x | 0.83x | 0.76x | 0.77x | 0.75x | 0.74x | 0.72x | 0.65x | 0.62x | 0.62x | 0.61x | 0.63x | 0.66x | 0.65x | 0.62x |
| Goodwill | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.37B | 2.35B | 2.35B | 2.35B | 2.35B | 2.35B | 2.34B | 2.34B | 2.24B | 2.24B | 2.18B |
| Intangible Assets | 919.92M | 941.2M | 965.37M | 988.87M | 1.01B | 1.86B | 1.84B | 1.87B | 1.89B | 1.91B | 1.91B | 1.93B | 1.96B | 1.98B | 2.05B | 2.07B | 2.09B | 2.04B | 2.09B | 2.07B |
| Long-Term Investments | 0 | 111.59M | 7.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 50.49M | 117.5M | 160.18M | 169.72M | 170.82M | 167.47M | 178.09M | 177.39M | 150.75M | 89.54M | 91.87M | 90.58M | 88.74M | 96.68M | 77.48M | 74.59M | 59.24M | 54.66M | 56.95M |
| Total Assets | 5.86B | 5.9B | 5.8B | 5.71B | 5.93B | 6.75B | 6.67B | 6.38B | 6.47B | 6.42B | 6.36B | 6.3B | 6.23B | 6.31B | 6.44B | 6.49B | 6.68B | 6.65B | 6.72B | 6.73B |
| Asset Turnover | 0.15x | 0.14x | 0.14x | 0.12x | 0.12x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.08x | 0.08x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x |
| Asset Growth % | -1.14% | -12.57% | -13.13% | -10.43% | -8.39% | 5.1% | 5% | 1.14% | 3.93% | 1.81% | -1.27% | -2.87% | -6.85% | -5.23% | -4.27% | -3.62% | 35.73% | 52.82% | 50.51% | 50.96% |
| Total Current Liabilities | 641.15M | 584.26M | 521.93M | 502.46M | 732.19M | 723.66M | 668.64M | 685.11M | 514.7M | 476.51M | 488.06M | 367.35M | 412.75M | 423.68M | 443.33M | 480.95M | 517.07M | 710.23M | 675.7M | 628.91M |
| Accounts Payable | 0 | 129.36M | 157.32M | 142.18M | 89.57M | 97.65M | 52.98M | 60.5M | 78.82M | 73.56M | 75.08M | 86.71M | 74.92M | 63.58M | 84.17M | 66.47M | 67.83M | 41.72M | 36.59M | 34.7M |
| Days Payables Outstanding | - | 176.96 | 230.96 | 251.62 | 115.04 | 164.13 | 91.67 | 115.49 | 167.43 | 159.34 | 174.55 | 201.72 | 185.76 | 156.88 | 212.45 | 180.12 | 207.87 | 131.61 | 117.16 | 115.15 |
| Short-Term Debt | 33.59M | 37.75M | 0 | 0 | 249.15M | 249.04M | 248.92M | 298.81M | 50M | 50M | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 314.42M | 314.28M | 314.15M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 607.56M | 385.3M | 16.12M | 35.34M | 223.7M | 35.8M | 37.1M | 33.45M | 262.44M | 12.69M | 33.52M | 8.78M | 211.5M | 25.05M | 25.13M | 28.85M | 214.49M | 30.16M | 42.23M | 50.63M |
| Current Ratio | 2.23x | 2.72x | 2.89x | 2.73x | 2.15x | 2.12x | 2.17x | 1.64x | 2.32x | 2.41x | 2.41x | 2.97x | 2.38x | 2.47x | 2.48x | 2.53x | 2.76x | 2.27x | 2.47x | 2.82x |
| Quick Ratio | 1.97x | 2.44x | 2.56x | 2.38x | 1.92x | 1.93x | 1.98x | 1.45x | 2.07x | 2.13x | 2.14x | 2.63x | 2.09x | 2.20x | 2.23x | 2.29x | 2.56x | 2.14x | 2.34x | 2.68x |
| Cash Conversion Cycle | - | 179.77 | 179.82 | 205.37 | 220.89 | 202.51 | 266.45 | 267.62 | 218.26 | 244.25 | 234.09 | 198.05 | 211.79 | 258.14 | 208.79 | 280.22 | 280.79 | 368.22 | 360.55 | 412.79 |
| Total Non-Current Liabilities | 2.82B | 2.81B | 2.81B | 2.81B | 2.79B | 2.81B | 2.81B | 2.56B | 2.81B | 2.82B | 2.81B | 2.88B | 2.77B | 2.77B | 2.78B | 2.75B | 2.78B | 2.49B | 2.49B | 2.46B |
| Long-Term Debt | 2.49B | 2.33B | 2.32B | 2.32B | 2.32B | 2.32B | 2.32B | 2.07B | 2.31B | 2.31B | 2.31B | 2.36B | 2.24B | 2.23B | 2.23B | 2.18B | 2.18B | 1.89B | 1.89B | 1.89B |
| Capital Lease Obligations | 0 | 171.69M | 166.02M | 168.9M | 157.13M | 162.69M | 167.66M | 162.41M | 161.07M | 168.4M | 168.5M | 174.69M | 182.4M | 184.63M | 187.23M | 180.63M | 182.17M | 162.95M | 164.31M | 157.38M |
| Deferred Tax Liabilities | 0 | 6.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 329.32M | 310.21M | 315.9M | 320.23M | 315.5M | 332.21M | 326.68M | 329.38M | 335.98M | 341.77M | 330.82M | 344.38M | 352.46M | 355M | 364.11M | 389.06M | 417.78M | 436.58M | 439.18M | 414.19M |
| Total Liabilities | 3.46B | 3.4B | 3.33B | 3.31B | 3.53B | 3.54B | 3.48B | 3.24B | 3.33B | 3.3B | 3.3B | 3.25B | 3.18B | 3.2B | 3.23B | 3.23B | 3.3B | 3.2B | 3.17B | 3.09B |
| Total Debt | 2.52B | 2.54B | 2.52B | 2.52B | 2.75B | 2.76B | 2.76B | 2.56B | 2.55B | 2.56B | 2.56B | 2.56B | 2.45B | 2.45B | 2.45B | 2.38B | 2.38B | 2.38B | 2.38B | 2.37B |
| Net Debt | 1.57B | 1.75B | 1.86B | 2.17B | 2.15B | 2.17B | 2.23B | 2.21B | 1.95B | 1.97B | 1.96B | 2.14B | 2.2B | 2.21B | 2.23B | 2.19B | 2.07B | 2.11B | 2.02B | 1.27B |
| Debt / Equity | 1.05x | 1.01x | 1.02x | 1.05x | 1.15x | 0.86x | 0.87x | 0.82x | 0.81x | 0.82x | 0.84x | 0.84x | 0.80x | 0.79x | 0.76x | 0.73x | 0.70x | 0.69x | 0.67x | 0.65x |
| Debt / EBITDA | - | 83.56x | 47.45x | - | - | 179.49x | 103.27x | - | - | 43.34x | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | 57.55x | 35.09x | - | - | 141.17x | 83.45x | - | - | 33.28x | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -2.61x | -0.22x | -10.89x | -106.28x | -4.76x | - | -13.43x | -8.63x | 0.87x | -9.84x | - | -21.97x | -26.37x | -35.38x | -39.52x | -47.54x | -34.62x | -36.90x | -65.11x |
| Total Equity | 2.4B | 2.5B | 2.47B | 2.4B | 2.4B | 3.21B | 3.19B | 3.13B | 3.15B | 3.12B | 3.06B | 3.06B | 3.04B | 3.11B | 3.21B | 3.26B | 3.39B | 3.46B | 3.56B | 3.65B |
| Equity Growth % | -0.05% | -22.09% | -22.65% | -23.49% | -23.62% | 2.86% | 4.44% | 2.45% | 3.36% | 0.41% | -4.76% | -6.15% | -10.17% | -10.09% | -9.83% | -10.71% | 51.53% | 47.94% | 41.73% | 43.79% |
| Book Value per Share | 12.65 | 13.22 | 13.07 | 12.83 | 12.96 | 17.37 | 17.32 | 17.18 | 17.35 | 16.96 | 16.96 | 17.12 | 17.14 | 17.56 | 18.20 | 18.68 | 19.64 | 20.10 | 20.75 | 21.54 |
| Total Shareholders' Equity | 2.4B | 2.5B | 2.47B | 2.4B | 2.4B | 3.21B | 3.19B | 3.13B | 3.15B | 3.12B | 3.06B | 3.06B | 3.04B | 3.11B | 3.21B | 3.26B | 3.39B | 3.46B | 3.56B | 3.65B |
| Common Stock | 1.91M | 1.9M | 1.89M | 1.89M | 1.86M | 1.85M | 1.85M | 1.84M | 1.81M | 1.81M | 1.81M | 1.8M | 1.78M | 1.77M | 1.77M | 1.76M | 1.74M | 1.72M | 1.72M | 1.71M |
| Retained Earnings | -4.71B | -4.62B | -4.6B | -4.6B | -4.5B | -3.63B | -3.6B | -3.58B | -3.47B | -3.42B | -3.42B | -3.34B | -3.27B | -3.14B | -2.99B | -2.82B | -2.64B | -2.42B | -2.25B | -2.08B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.36M | 3.24M | 3.09M | 1.01M | -944K | 4.63M | -943K | -499K | 1.43M | -1.53M | -723K | -1.72M | -5.24M | -11.07M | -8.64M | -6.65M | -1.44M | 133K | 67K | 364K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |