Is Wave Life Sciences financially healthy?
Yes
Wave Life Sciences holds more cash than debt.
The numbers behind it
Net debt / EBITDANet cash
Cash vs. debt$602M vs. $18M
Current ratio11.3×Short-term assets for each $1 of bills due within a year
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Wave Life Sciences
Data as of Nov 13, 2026.