Exact Sciences Corporation (EXAS) financial statements (2020 and earlier)

Company profile

Business Address 441 CHARMANY DRIVE
MADISON, WI 53719
State of Incorp. DE
Fiscal Year End December 31
SIC 8731 - Commercial Physical and Biological Research (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:3241,124425311307283133
Cash and cash equivalents 1607749415813
Short-term investments2964347262266225120
Other undisclosed cash, cash equivalents, and short-term investments322      
Receivables1314426951 
Inventory, net of allowances, customer advances and progress billings623926774
Inventory623926774 
Other undisclosed current assets4120107842
Total current assets:5571,228487334326292135
Noncurrent Assets
Operating lease, right-of-use asset126
Property, plant and equipment4552458038342011
Intangible assets, net (including goodwill), including:2,3474622   
Goodwill1,20317     
Intangible assets, net (excluding goodwill)1,1442922    
Other undisclosed intangible assets, net (including goodwill) 0    
Other noncurrent assets204954  
Total noncurrent assets:2,94929611143382011
TOTAL ASSETS:3,5061,524599377364312147
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities219129652926229
Accounts payable2628161331
Accrued liabilities193101492822146
Employee-related liabilities     63
Debt9000000
Deferred revenue and credits    0
Contract with customer, liability1
Other liabilities83321  
Other undisclosed current liabilities 4   (5)(2)
Total current liabilities:236137683127188
Noncurrent Liabilities
Long-term debt and lease obligation1432445511
Long-term debt, excluding current maturities242445511
Capital lease obligations     0
Operating lease, liability119
Liabilities, other than long-term debt3596652 
Other liabilities3596652 
Other undisclosed noncurrent liabilities8046730112 
Total noncurrent liabilities:98170610111151
Total liabilities:1,218843784237239
Stockholders' equity
Stockholders' equity attributable to parent2,288681520335327289135
Common stock1111111
Additional paid in capital3,4061,7171,3811,080905709455
Accumulated other comprehensive income (loss)(0)(1)(1)(0)(0)(0)0
Accumulated deficit(1,120)(1,036)(861)(746)(579)(421)(321)
Total stockholders' equity:2,288681520335327289135
Other undisclosed liabilities and equity      2
TOTAL LIABILITIES AND EQUITY:3,5061,524599377364312147

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues876454266993924
Revenue, net266993924
Cost of revenue(217)(118)(79)(45)(25)(4) 
Cost of goods and services sold (7)   (2) 
Gross profit:6603361875415(3)4
Operating expenses(893)(496)(305)(223)(174)(98)(51)
Operating loss:(234)(159)(118)(169)(159)(101)(47)
Nonoperating income (expense)(35)(16)4210(0)
Investment income, nonoperating2721421(0)(0)
Interest and debt expense(62)(2)(0)(0)(0)(0)(0)
Loss from continuing operations before equity method investments, income taxes:(330)(177)(115)(167)(158)(100)(47)
Other undisclosed income from continuing operations before income taxes6220    
Loss from continuing operations before income taxes:(269)(175)(115)(167)(158)(100)(47)
Income tax expense (benefit)185(0)0    
Net loss attributable to parent:(84)(175)(114)(167)(158)(100)(47)
Other undisclosed net income available to common stockholders, basic   0001
Net loss available to common stockholders, diluted:(84)(175)(114)(167)(158)(100)(47)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(84)(175)(114)(167)(158)(100)(47)
Other comprehensive income (loss)1(1)     
Comprehensive loss:(83)(176)(114)(167)(158)(100)(47)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 0(0)0(0)(0)1
Comprehensive loss, net of tax, attributable to parent:(83)(176)(115)(167)(158)(100)(46)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: