EQRx, Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q3 2023.

Location
Cambridge, MA
Fiscal year end
31 December
Latest financial report
06 Nov 2023

Quick Takeaways

  • EQRx, Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q3 2023.
  • Headline metric: Return On Equity -20%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-7.7%</span>.
  • Most recent SEC facts end date: 27 Oct 2023.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2023-10-27) highlights Return On Equity -20.3%, Return On Assets -18.7%, and Current Ratio 18.78x.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

19.8/100

Weak Confidence medium

Return On Equity

-20%

Metric score 0.0/100

Return On Assets

-19%

Metric score 0.0/100

Financial Health

Current Ratio
18.78x
Debt to Equity
0.05x

Strengths

Debt-to-equity

Watchpoints

Return On Equity, Return On Assets, and Current Ratio

Key metrics snapshot

Return On Equity

-20%

YoY: -7.7%

Industry median: -43% (n=675)

View history

Return On Assets

-19%

YoY: +35%

Industry median: -47% (n=673)

View history

Current Ratio

18.78x

YoY: -23%

Industry median: 3.39x (n=667)

View history

Debt-to-equity

0.05x

YoY: -50%

Industry median: 0.26x (n=530)

View history

NetIncomeLoss YoY

-79%

YoY:

Industry median: -0.93% (n=641)

View history

Profitability

Metric Latest value YoY change
Return On Equity -20% -7.7%
Return On Assets -19% +35%

Financial Health

Metric Latest value YoY change
Current Ratio 18.78x -23%
Debt-to-equity 0.05x -50%

Growth

Metric Latest value YoY change
NetIncomeLoss YoY -79%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 487,696,181 -0.15%
Common Stock, Shares, Outstanding 484,965,759 +1.8%
Common Stock, Value, Issued $49,000 0%
Weighted Average Number of Shares Outstanding, Basic 484,229,709 +1.8%
Weighted Average Number of Shares Outstanding, Diluted 484,229,709 +1.8%

Additional Metrics

Metric Latest value YoY change
Research and Development Expense $205,734,000 -3.5%
General and Administrative Expense $101,389,000 -26%
Operating Income (Loss) $395,912,000 -13%
Nonoperating Income (Expense) $135,597,000 -34%
Income Tax Expense (Benefit) $0
Earnings Per Share, Basic -1 -80%
Earnings Per Share, Diluted -1 -80%
Cash and Cash Equivalents, at Carrying Value $315,676,000 -68%
Cash, Cash Equivalents, and Short-term Investments $1,200,000,000 -20%
Assets, Current $1,235,139,000 -19%
Other Assets, Noncurrent $1,151,000 -87%
Assets $1,240,290,000 -20%
Accounts Payable, Current $8,103,000 -42%
Accrued Liabilities, Current $55,623,000 +21%
Liabilities, Current $65,786,000 +5%
Liabilities $69,370,000 -52%
Accumulated Other Comprehensive Income (Loss), Net of Tax $252,000
Retained Earnings (Accumulated Deficit) $765,727,000 -52%
Stockholders' Equity Attributable to Parent $1,170,920,000 -16%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $1,170,920,000 -16%
Liabilities and Equity $1,240,290,000 -20%
Common Stock, Shares Authorized 1,250,000,000 0%
Common Stock, Shares, Issued 537,540,806 -0.16%
Common Stock, Par or Stated Value Per Share 0 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $316,309,000 -68%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $258,441,000 -75%
Operating Lease, Liability, Current $2,060,000 -17%
Preferred Stock, Shares Issued 0
Preferred Stock, Shares Authorized 2,000,000 0%
Operating Lease, Payments $3,900,000 0%
Additional Paid in Capital $1,936,346,000 +1.5%
Preferred Stock, Shares Outstanding 0
Share-based Payment Arrangement, Expense $28,476,000 -48%
Preferred Stock, Par or Stated Value Per Share 0 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY