Here's Why Editas Medicine (NASDAQ:EDIT) Must Use Its Cash Wisely [Yahoo! Finance]
Editas Medicine, Inc. (EDIT)
Last editas medicine, inc. earnings: 2/26 04:02 pm
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Source: Yahoo! Finance
money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should Editas Medicine NASDAQ:EDIT ) shareholders be worried about its cash burn? For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. View our latest analysis for Editas Medicine Does Editas Medicine Have A Long Cash Runway? A company's cash runway is calculated by dividing its cash hoard by its cash burn. As at December 2024, Editas Medicine had cash of US$270m and no debt. Looking at the last year, the company burnt through US$219m. So it had a cash runway of approximately 15 months from December 2024. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash b
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EDIT
News
- Editas Medicine (NASDAQ:EDIT) was upgraded by analysts at Chardan Capital from a "hold" rating to a "strong-buy" rating.MarketBeat
- Editas Medicine Announces Third Quarter 2025 Results and Business Updates [Yahoo! Finance]Yahoo! Finance
- Editas Medicine Announces Third Quarter 2025 Results and Business UpdatesGlobeNewswire
- Editas Medicine Announces EDIT-401 Poster Presentation at the American Heart Association (AHA) Scientific Sessions 2025GlobeNewswire
- Editas Medicine (NASDAQ:EDIT) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
EDIT
Earnings
- 11/10/25 - Beat
EDIT
Analyst Actions
- 11/15/25 - Chardan Capital
EDIT
Sec Filings
- 12/4/25 - Form 4
- 12/4/25 - Form 4
- 12/4/25 - Form 4
- EDIT's page on the SEC website