EXACT SCIENCES
EXACT SCIENCES operates in Diversified Metals & Mining.
EXACT SCIENCES (EXK) - Net Assets
Latest net assets as of September 2024: €3.21 Billion EUR
Based on the latest financial reports, EXACT SCIENCES (EXK) has net assets worth €3.21 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.75 Billion) and total liabilities (€3.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.21 Billion |
| % of Total Assets | 47.57% |
| Annual Growth Rate | 37.7% |
| 5-Year Change | 37.47% |
| 10-Year Change | N/A |
| Growth Volatility | 78.83 |
EXACT SCIENCES - Net Assets Trend (2016–2023)
This chart illustrates how EXACT SCIENCES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EXACT SCIENCES (2016–2023)
The table below shows the annual net assets of EXACT SCIENCES from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.15 Billion | +3.36% |
| 2022-12-31 | €3.04 Billion | -10.17% |
| 2021-12-31 | €3.39 Billion | +51.53% |
| 2020-12-31 | €2.24 Billion | -2.29% |
| 2019-12-31 | €2.29 Billion | +236.01% |
| 2018-12-31 | €680.94 Million | +30.85% |
| 2017-12-31 | €520.42 Million | +55.21% |
| 2016-12-31 | €335.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EXACT SCIENCES's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 272335400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.61 Billion | 210.30% |
| Total Equity | €3.15 Billion | 100.00% |
EXACT SCIENCES Competitors by Market Cap
The table below lists competitors of EXACT SCIENCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stroud Resources Ltd
PINK:SDURF
|
$835.47K |
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$835.77K |
|
Themac Resources Group Limited
PINK:MACQF
|
$836.04K |
|
GLOB.ENERGY METALS
F:5GE2
|
$836.53K |
|
SQ
NYSE:SQ
|
$834.82K |
|
Shekel Brainweigh Ltd
AU:SBW
|
$834.78K |
|
EN Shoham Business Ltd
TA:SHOM
|
$834.58K |
|
DECKERS OUTDOOR
BE:DO2
|
$834.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EXACT SCIENCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,043,162,000 to 3,145,305,000, a change of 102,143,000 (3.4%).
- Net loss of 204,149,000 reduced equity.
- Other factors increased equity by 306,292,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-204.15 Million | -6.49% |
| Other Changes | €306.29 Million | +9.74% |
| Total Change | €- | 3.36% |
Book Value vs Market Value Analysis
This analysis compares EXACT SCIENCES's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.69x to 5.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.32 | €89.35 | x |
| 2018-12-31 | €5.53 | €89.35 | x |
| 2019-12-31 | €15.50 | €89.35 | x |
| 2020-12-31 | €14.02 | €89.35 | x |
| 2021-12-31 | €19.51 | €89.35 | x |
| 2022-12-31 | €17.10 | €89.35 | x |
| 2023-12-31 | €17.34 | €89.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EXACT SCIENCES utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.17%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.06x
- Recent ROE (-6.49%) is above the historical average (-22.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -49.87% | -168.26% | 0.26x | 1.12x | €-200.74 Million |
| 2017 | -21.98% | -43.01% | 0.44x | 1.15x | €-166.44 Million |
| 2018 | -25.72% | -38.54% | 0.30x | 2.24x | €-243.24 Million |
| 2019 | -3.67% | -9.59% | 0.25x | 1.53x | €-312.80 Million |
| 2020 | -36.84% | -55.22% | 0.30x | 2.20x | €-1.05 Billion |
| 2021 | -17.58% | -33.71% | 0.26x | 1.97x | €-934.39 Million |
| 2022 | -20.49% | -29.91% | 0.33x | 2.05x | €-927.82 Million |
| 2023 | -6.49% | -8.17% | 0.39x | 2.06x | €-518.68 Million |
Industry Comparison
This section compares EXACT SCIENCES's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EXACT SCIENCES (EXK) | €3.21 Billion | -49.87% | 1.10x | $835.07K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |