Ardelyx Balance Sheet Health
Financial Health criteria checks 4/6
Ardelyx has a total shareholder equity of $150.9M and total debt of $121.7M, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are $342.4M and $191.5M respectively.
Key information
80.7%
Debt to equity ratio
US$121.72m
Debt
Interest coverage ratio | n/a |
Cash | US$202.58m |
Equity | US$150.89m |
Total liabilities | US$191.49m |
Total assets | US$342.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARDX *'s short term assets ($257.9M) exceed its short term liabilities ($56.9M).
Long Term Liabilities: ARDX *'s short term assets ($257.9M) exceed its long term liabilities ($134.6M).
Debt to Equity History and Analysis
Debt Level: ARDX * has more cash than its total debt.
Reducing Debt: ARDX *'s debt to equity ratio has increased from 53.8% to 80.7% 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: ARDX * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARDX * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.