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)

9/30/2019
TTM
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 investments1,1611,124425311307283133
Cash and cash equivalents1,0341607749415813
Short-term investments126964347262266225120
Receivables824426951 
Inventory, net of allowances, customer advances and progress billings543926774
Inventory543926774 
Other undisclosed current assets2420107842
Total current assets:1,3201,228487334326292135
Noncurrent Assets
Property, plant and equipment3712458038342011
Intangible assets, net (including goodwill), including:444622   
Goodwill1717     
Intangible assets, net (excluding goodwill)272922    
Other undisclosed intangible assets, net (including goodwill)00    
Other noncurrent assets244954  
Total noncurrent assets:43929611143382011
TOTAL ASSETS:1,7591,524599377364312147
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities154129652926229
Accounts payable1928161331
Accrued liabilities135101492822146
Employee-related liabilities     63
Debt316000000
Deferred revenue and credits    0
Contract with customer, liability1
Other liabilities93321  
Other undisclosed current liabilities14   (5)(2)
Total current liabilities:481137683127188
Noncurrent Liabilities
Long-term debt and lease obligation5012445511
Long-term debt, excluding current maturities5012445511
Capital lease obligations     0
Liabilities, other than long-term debt3096652 
Other liabilities3096652 
Other undisclosed noncurrent liabilities 6730112 
Total noncurrent liabilities:53070610111151
Total liabilities:1,011843784237239
Stockholders' equity
Stockholders' equity attributable to parent748681520335327289135
Common stock1111111
Additional paid in capital1,9451,7171,3811,080905709455
Accumulated other comprehensive income (loss)(0)(1)(1)(0)(0)(0)0
Accumulated deficit(1,198)(1,036)(861)(746)(579)(421)(321)
Total stockholders' equity:748681520335327289135
Other undisclosed liabilities and equity      2
TOTAL LIABILITIES AND EQUITY:1,7591,524599377364312147

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues724454266993924
Revenue, net266993924
Cost of revenue(186)(118)(79)(45)(25)(4) 
Cost of goods and services sold (7)   (2) 
Gross profit:5383361875415(3)4
Operating expenses(725)(496)(305)(223)(174)(98)(51)
Operating loss:(187)(159)(118)(169)(159)(101)(47)
Nonoperating income (expense)(29)(16)4210(0)
Investment income, nonoperating3021421(0)(0)
Interest and debt expense(27)(2)(0)(0)(0)(0)(0)
Loss from continuing operations before equity method investments, income taxes:(243)(177)(115)(167)(158)(100)(47)
Other undisclosed income from continuing operations before income taxes2720    
Loss from continuing operations before income taxes:(216)(175)(115)(167)(158)(100)(47)
Income tax expense (benefit)0(0)0    
Net loss attributable to parent:(216)(175)(114)(167)(158)(100)(47)
Other undisclosed net income available to common stockholders, basic   0001
Net loss available to common stockholders, diluted:(216)(175)(114)(167)(158)(100)(47)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(216)(175)(114)(167)(158)(100)(47)
Other comprehensive loss(0)(1)     
Comprehensive loss:(216)(176)(114)(167)(158)(100)(47)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent10(0)0(0)(0)1
Comprehensive loss, net of tax, attributable to parent:(215)(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: