Ardelyx Financials

ARDX Stock  USD 5.12  0.20  4.07%   
Based on the key measurements obtained from Ardelyx's financial statements, Ardelyx is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Ardelyx's Total Liabilities is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 17.6 M in 2024, whereas Total Assets are likely to drop slightly above 180.1 M in 2024. Key indicators impacting Ardelyx's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.410.3253
Significantly Up
Slightly volatile
Current Ratio8.784.8838
Way Up
Very volatile
Investors should never underestimate Ardelyx's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ardelyx's cash flow, debt, and profitability to make informed and accurate decisions about investing in Ardelyx.

Net Income

(69.37 Million)

  
Understanding current and past Ardelyx Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ardelyx's financial statements are interrelated, with each one affecting the others. For example, an increase in Ardelyx's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ardelyx's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ardelyx. Check Ardelyx's Beneish M Score to see the likelihood of Ardelyx's management manipulating its earnings.

Ardelyx Stock Summary

Ardelyx competes with ZyVersa Therapeutics, Sonnet Biotherapeutics, Zura Bio, Phio Pharmaceuticals, and Transcode Therapeutics. Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts. Ardelyx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 86 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0396971071
CUSIP039697107
LocationCalifornia; U.S.A
Business Address400 Fifth Avenue,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.ardelyx.com
Phone510 745 1700
CurrencyUSD - US Dollar

Ardelyx Key Financial Ratios

Ardelyx Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets259.8M201.6M149.9M190.1M297.6M180.1M
Other Current Liab11.7M10.2M9.3M16.0M23.2M24.4M
Other Liab720K582K4.7M20.3M18.3M10.1M
Net Debt(126.4M)(37.7M)(26.9M)(59.7M)34.5M36.2M
Retained Earnings(460.5M)(554.8M)(712.9M)(780.1M)(846.2M)(803.9M)
Accounts Payable2.2M5.6M4.3M10.9M11.1M7.7M
Cash181.1M91.0M72.4M96.1M21.5M20.4M
Other Assets314K552K1.2M25.9M29.8M31.3M
Net Receivables750K0.0502K7.7M22.0M23.1M
Other Current Assets4.1M8.2M16.5M18.7M27.3M28.7M
Total Liab73.1M75.5M67.3M91.7M130.8M137.3M
Total Current Assets252.4M195.2M134.8M154.5M246.1M166.5M
Net Tangible Assets186.7M126.1M82.6M98.3M88.5M98.8M
Long Term Debt49.2M48.8M46.6M49.8M57.3M60.2M
Capital Surpluse647.1M680.9M795.5M878.5M1.0B568.4M
Short Term Debt3.8M8.4M39.2M34.5M8.9M17.5M
Net Invested Capital236.7M176.9M114.9M125.0M216.6M184.6M
Net Working Capital229.8M166.3M80.8M88M195.7M120.1M

Ardelyx Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense5.7M5.1M4.5M5.1M8.9M9.3M
Total Revenue5.3M7.6M10.1M52.2M124.5M130.7M
Gross Profit4.7M7.4M9.1M48.0M106.7M112.0M
Operating Income(91.3M)(90.8M)(154.3M)(63.8M)(63.3M)(66.4M)
Ebit(89.1M)(89.2M)(155.4M)(65.6M)(56.6M)(59.5M)
Research Development71.7M65.1M91.1M35.2M35.5M58.8M
Ebitda(88.9M)(85.2M)(150.9M)(61.0M)(55.4M)(58.1M)
Cost Of Revenue600K145K1M4.1M17.8M18.7M
Income Before Tax(94.6M)(94.3M)(158.2M)(67.2M)(65.5M)(68.8M)
Net Income(94.9M)(94.3M)(158.2M)(67.2M)(66.1M)(69.4M)
Income Tax Expense4K303K2K8K547K574.4K
Tax Provision4K303K2K8K547K574.4K
Net Interest Income(5.7M)(5.1M)(4.5M)(5.1M)(8.9M)(8.4M)

Ardelyx Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ardelyx. It measures of how well Ardelyx is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ardelyx brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ardelyx had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ardelyx has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(3.4M)(750K)(10.4M)(28.3M)(21.1M)(20.1M)
Change In Cash102.4M(90.1M)(18.6M)23.7M(74.7M)(70.9M)
Free Cash Flow(76.8M)(81.8M)(154.4M)(70.1M)(90.1M)(94.6M)
Depreciation2.5M1.8M1.4M1.1M1.3M1.6M
Other Non Cash Items3.3M3.4M4.2M4.8M4.9M2.7M
Capital Expenditures325K324K1.9M55K344K326.8K
Net Income(94.9M)(94.3M)(158.2M)(67.2M)(66.1M)(69.4M)
End Period Cash Flow181.1M91.0M72.4M96.1M21.5M20.4M
Investments23.7M(31.1M)52.8M16.7M(100.2M)(95.2M)
Change Receivables10.7M85K(502K)(7.2M)(6.5M)(6.2M)
Change To Netincome10.9M11.4M15.2M10.2M11.7M9.5M

Ardelyx Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ardelyx's current stock value. Our valuation model uses many indicators to compare Ardelyx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ardelyx competition to find correlations between indicators driving Ardelyx's intrinsic value. More Info.
Ardelyx is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers . At this time, Ardelyx's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ardelyx's earnings, one of the primary drivers of an investment's value.

Ardelyx Systematic Risk

Ardelyx's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ardelyx volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ardelyx correlated with the market. If Beta is less than 0 Ardelyx generally moves in the opposite direction as compared to the market. If Ardelyx Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ardelyx is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ardelyx is generally in the same direction as the market. If Beta > 1 Ardelyx moves generally in the same direction as, but more than the movement of the benchmark.

Ardelyx Thematic Clasifications

Ardelyx is part of Biotech investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services
BiotechView
This theme covers Biotechnology and pharmaceuticals production and services. Companies specialized in biotechnology production and delivery of pharmaceuticals services. Get More Thematic Ideas
Today, most investors in Ardelyx Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ardelyx's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ardelyx growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.41

At this time, Ardelyx's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Ardelyx November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ardelyx help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ardelyx. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ardelyx based on widely used predictive technical indicators. In general, we focus on analyzing Ardelyx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ardelyx's daily price indicators and compare them against related drivers.

Additional Tools for Ardelyx Stock Analysis

When running Ardelyx's price analysis, check to measure Ardelyx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ardelyx is operating at the current time. Most of Ardelyx's value examination focuses on studying past and present price action to predict the probability of Ardelyx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardelyx's price. Additionally, you may evaluate how the addition of Ardelyx to your portfolios can decrease your overall portfolio volatility.