Ardelyx Balance Sheet Health
Financial Health criteria checks 5/6
Ardelyx has a total shareholder equity of $166.8M and total debt of $70.0M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $297.6M and $130.8M respectively.
Key information
42.0%
Debt to equity ratio
US$70.00m
Debt
Interest coverage ratio | n/a |
Cash | US$184.30m |
Equity | US$166.82m |
Total liabilities | US$130.76m |
Total assets | US$297.58m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 41X's short term assets ($246.1M) exceed its short term liabilities ($50.4M).
Long Term Liabilities: 41X's short term assets ($246.1M) exceed its long term liabilities ($80.4M).
Debt to Equity History and Analysis
Debt Level: 41X has more cash than its total debt.
Reducing Debt: 41X's debt to equity ratio has reduced from 42.5% to 42% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 41X has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 41X has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.