Ardelyx Balance Sheet Health
Financial Health criteria checks 5/6
Ardelyx has a total shareholder equity of $158.3M and total debt of $125.1M, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are $367.9M and $209.6M respectively.
Key information
79.0%
Debt to equity ratio
US$125.08m
Debt
| Interest coverage ratio | n/a |
| Cash | US$190.40m |
| Equity | US$158.30m |
| Total liabilities | US$209.57m |
| Total assets | US$367.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 41X's short term assets ($284.1M) exceed its short term liabilities ($70.5M).
Long Term Liabilities: 41X's short term assets ($284.1M) exceed its long term liabilities ($139.1M).
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 101.3% to 79% 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.