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
Despite Lacking Profits Ardelyx (NASDAQ:ARDX) Seems To Be On Top Of Its Debt
Dec 14
Rock star Growth Puts Ardelyx (NASDAQ:ARDX) In A Position To Use Debt
Jul 31Is Ardelyx (NASDAQ:ARDX) Using Debt Sensibly?
Mar 30Is Ardelyx (NASDAQ:ARDX) Using Debt Sensibly?
Dec 14Recent updates
Ardelyx, Inc.'s (NASDAQ:ARDX) Popularity With Investors Is Under Threat From Overpricing
Apr 17Ardelyx Shrugs Off 'Mixed' Q4 Earnings
Mar 13Earnings Update: Ardelyx, Inc. (NASDAQ:ARDX) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 24Ardelyx Q4 Preview: Recent Bull Run May Pause While Market Digests 2024 Guidance
Feb 20Ardelyx's XPHOZAH Still An Afterthought To The Pros
Jan 31Ardelyx: FDA Approval For Xphozah Grants Further Sales Enhancement
Jan 10Ardelyx, Inc.'s (NASDAQ:ARDX) Business Is Yet to Catch Up With Its Share Price
Jan 04Despite Lacking Profits Ardelyx (NASDAQ:ARDX) Seems To Be On Top Of Its Debt
Dec 14Party Time: Brokers Just Made Major Increases To Their Ardelyx, Inc. (NASDAQ:ARDX) Earnings Forecasts
Aug 03Rock star Growth Puts Ardelyx (NASDAQ:ARDX) In A Position To Use Debt
Jul 31Pinning Down Ardelyx, Inc.'s (NASDAQ:ARDX) P/S Is Difficult Right Now
Apr 17Is Ardelyx (NASDAQ:ARDX) Using Debt Sensibly?
Mar 30Is Ardelyx (NASDAQ:ARDX) Using Debt Sensibly?
Dec 14What To Expect For Ardelyx In The Coming Month
Oct 18Ardelyx: Potential For Growth, But Must Strengthen Its Financial Position
Oct 04Ardelyx secures $20M financial deal with HealthCare Royalty on tenapanor potential sale
Jun 30Ardelyx Is Down, Long Live Ardelyx
Jan 28Analysts' Revenue Estimates For Ardelyx, Inc. (NASDAQ:ARDX) Are Surging Higher
Dec 02Ardelyx: Indecisive Regulators, Frustrated Company, Gruelling Wait For Investors
Oct 25Financial Position Analysis
Short Term Liabilities: ARDX's short term assets ($246.1M) exceed its short term liabilities ($50.4M).
Long Term Liabilities: ARDX's short term assets ($246.1M) exceed its long term liabilities ($80.4M).
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 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: 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.